1501 El Camino AveSacramento, CA 95815

  • Office properties
  • 17,040 SF
For Sale

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
1501 El Camino Ave, Sacramento, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,739
$273,480
$922,491
$1,195,971
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FAQs

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