8631 Folsom BlvdSacramento, CA 95826

Property Details for 8631 Folsom Blvd

Year built

1961

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

3,024 SF

Zone code

C-2-SPD

Property type

Retail properties

Property subtype

Other automotive properties

APN

078-0180-023-0000

APU

7801800230000

Description

This exceptional investment opportunity presents a 13,000-square-foot warehouse situated on a sizable 1.49-acre lot in Sacramento, California. The property, located at 8631 Folsom Blvd, 95826, is zoned C-2-SPD and comprises three buildings currently operating as an auto repair facility. The asking price is $3,300,000, translating to a price per square foot of $253.85. The single-story structure offers significant potential for various industrial uses, given its generous lot size and existing infrastructure. The property includes three separate parcels, identified by APN numbers 078-0180-012, 078-0180-024, and 078-0180-026. Importantly, the property currently holds an active car sales license, presenting a unique advantage for prospective buyers. While the existing configuration is an auto repair center, the versatile zoning and substantial space allow for a wide range of redevelopment or repurposing options. The absence of loading docks or dock-high doors should be considered in any future operational plans. This property offers a compelling investment prospect in a desirable Sacramento location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $698,521

  6.5%

  $644,788

  7%

  $598,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,088,052

  Geo Method

  $1,088,052

• Alternative Use

  Use

  Valuation

  Residential

  $543,903

  Hospitality

  $498,212

  Educational

  $414,507

  Medical

  $428,762

  Retail

  $644,788

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5493

Longitude

-121.385

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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