4850 Freeport BlvdSacramento, CA 95822

Property Details for 4850 Freeport Blvd

Year built

1958

Construction

TILT-UP CONCRETE

Lot size

4.51 AC

Property size (Sq ft)

68,353 SF

Zone code

C-2-EA-4

Property type

Grocery and convenience stores

APN

017-0171-055-0000

APU

1701710550000

Description

This exceptional 61,000 square foot retail strip center in Sacramento, California, presents a unique sublease opportunity. Located at 4850 Freeport Blvd, in the vibrant Land Park area, zip code 95822, this property offers a substantial amount of space ideal for a variety of retail uses. The entire 61,000 square feet is currently vacant, providing a blank canvas for a single large tenant or the potential for multiple smaller tenants. The property's prime location within Sacramento County offers excellent visibility and accessibility, ensuring high foot traffic and strong potential for business success. This is a rare opportunity to secure a significant retail presence in a desirable Sacramento neighborhood. The property is classified as a retail strip center with multiple tenancy options. Its convenient location in Land Park provides easy access for customers and employees alike. The substantial square footage allows for a wide range of retail concepts, from large-format stores to smaller boutiques. This sublease presents a compelling opportunity for businesses seeking a prominent location in a thriving Sacramento community. Serious inquiries are encouraged to explore the possibilities of this expansive retail space. Detailed property information and lease terms are available upon request. Don't miss this chance to establish your business in this high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $16,903,416

  6.5%

  $15,603,154

  7%

  $14,488,643

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,593,792

  Geo Method

  $24,593,792

• Alternative Use

  Use

  Valuation

  Residential

  $13,161,844

  Hospitality

  $12,056,178

  Educational

  $10,030,599

  Medical

  $10,375,566

  Retail

  $15,603,154

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5308

Longitude

-121.496

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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