1501 El Camino AveSacramento, CA 95815
- Office properties
- 17,040 SF
Property Details for 1501 El Camino Ave
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 0.62 AC
- Property size (Sq ft)
- 17,040 SF
- Zone code
- C-2
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 266-0414-023-0000
- APU
- 26604140230000
Description
This 17,040-square-foot, vacant office building presents a compelling value-add investment opportunity in Sacramento's Arden Area Business District. The two-story, Class C building, constructed in 1982, offers a flexible layout suitable for creative, executive, or traditional office uses. With a multi-tenant capacity, the property boasts 46 parking spaces (a 4.3:1,000 sq ft ratio), situated on a 0.62-acre lot zoned C-2 General Commercial. Its prime location provides convenient access to major freeways (Capital City Freeway, I-80, CA-160), public transportation (bus and light rail within a mile), and key amenities including Arden Fair Mall, Cal Expo, and Sacramento International Airport. The surrounding area features a diverse mix of businesses and a substantial residential population (approximately 60,000 within a two-mile radius), with an average household income exceeding $86,904 within a five-mile radius. High traffic counts on El Camino Avenue (24,824 ADT) and the Capital City Freeway (161,936 ADT) further enhance the property's visibility and accessibility. The property's APN is 266-0414-023. This is an exceptional opportunity for owner-users or investors seeking a strong foothold in a thriving Sacramento market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,831,311
- 6.5%
- $2,613,518
- 7%
- $2,426,838
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,432,971
- Geo Method
- $2,432,971
-
Alternative Use
- Use
- Valuation
- Residential
- $3,240,762
- Hospitality
- $2,968,521
- Educational
- $2,469,774
- Medical
- $2,554,714
- Retail
- $3,841,872
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.6114
- Longitude
- -121.432
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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