701 Market BlvdSacramento, CA 95834
- Office properties
- 1,674 SF
Property Details for 701 Market Blvd
- Year built
- 1981
- Lot size
- 3.57 AC
- Property size (Sq ft)
- 1,674 SF
- Zone code
- M-1
- Property type
- Office properties
- Property subtype
- Other data centers and call centers
- APN
- 237-0420-048-0000
- APU
- 23704200480000
Description
This exceptional 3.57-acre industrial property, located at 701 N. Market Blvd in Sacramento, California, presents a compelling investment opportunity. The property is zoned M-1 Light Industrial, offering flexibility for a variety of distribution and light manufacturing uses. Its prime location provides immediate access to Interstates 80 and 5, ensuring efficient transportation and logistics. The parcel features utilities already on-site, simplifying development and reducing upfront costs. The APN is 237-0420-048. This site is ideal for a joint venture build, allowing for collaborative development and shared resources. The property's strategic location within Sacramento County, combined with its readily available utilities and convenient freeway access, makes it an attractive option for businesses seeking a well-connected and functional industrial space. The zoning designation allows for a range of industrial uses, providing potential buyers with considerable flexibility in their development plans. This is a rare opportunity to acquire a substantial parcel of land in a high-demand area, perfectly suited for distribution and logistics operations. The existing infrastructure and convenient access to major transportation arteries make this a highly desirable location for businesses seeking to establish or expand their operations in the Sacramento region. The property's size and zoning make it suitable for a variety of development projects, offering significant potential for future growth and return on investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $301,692
- 6.5%
- $278,485
- 7%
- $258,593
-
Comparable approach
- Method
- Valuation
- Relative Method
- $239,014
- Geo Method
- $239,014
-
Alternative Use
- Use
- Valuation
- Residential
- $345,321
- Hospitality
- $316,312
- Educational
- $263,168
- Medical
- $272,219
- Retail
- $409,373
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.6482
- Longitude
- -121.478
- 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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