910 Grand AveSacramento, CA 95838

  • Mixed-use properties
  • 3,724 SF
For Sale
$699,000 View listing

Property Details for 910 Grand Ave

Year built
1944
Construction
TILT-UP CONCRETE
Lot size
0.14 AC
Property size (Sq ft)
3,724 SF
Zone code
C-2
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
251-0093-001-0000
APU
25100930010000

Description

This exceptional investment opportunity presents a four-unit retail storefront located at 910 Grand Avenue in Sacramento, California. The property boasts a total of 3,724 square feet situated on a 0.14-acre lot. Its prime location on a major thoroughfare between Grand Avenue and Rio Linda Boulevard ensures high visibility and significant foot traffic, making it an ideal location for a variety of retail businesses. The building's four individual units offer flexibility for multiple tenants or the potential for a single large-scale operation. The asking price for this well-positioned commercial property is $699,000. This represents a strong investment opportunity in a vibrant and growing Sacramento neighborhood. The high volume of traffic on this busy street provides excellent exposure for any business operating within the building. Given the size and location, this property is well-suited for a variety of retail uses, offering a compelling return on investment for the discerning buyer. The property's strategic location and substantial square footage make it a rare find in the Sacramento commercial real estate market. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy and offers significant potential for growth and profitability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $832,222
    6.5%
    $768,205
    7%
    $713,334
  • Comparable approach

    Method
    Valuation
    Relative Method
    $824,155
    Geo Method
    $824,155
  • Alternative Use

    Use
    Valuation
    Residential
    $768,205
    Hospitality
    $703,672
    Educational
    $585,447
    Medical
    $605,581
    Retail
    $910,695
910 Grand Ave, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6365
Longitude
-121.446
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
$5,151
$132,600
$295,800
$428,400
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FAQs

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