3308 Martin Luther King Jr BlvdSacramento, CA 95817

Property Details for 3308 Martin Luther King Jr Blvd

Year built

1951

Construction

TILT-UP CONCRETE

Lot size

0.11 AC

Property size (Sq ft)

2,600 SF

Zone code

C-1

Property type

Retail space

APN

013-0354-012-0000

APU

1303540120000

Description

This exceptional investment opportunity presents a multi-tenant retail building ideally situated at 3308-3324 Martin Luther King Jr Boulevard in Sacramento, California, 95817. The property, categorized as a storefront retail space, is offered at an asking price of $1,220,000. This strategically located building provides significant potential for investors seeking a strong foothold in a vibrant Sacramento market. The property's multi-tenant configuration offers diversified income streams and inherent resilience. The exact square footage and tenant occupancy details are available upon request. The address is easily accessible, boasting high visibility and foot traffic, making it an attractive location for a variety of retail businesses. Further due diligence is encouraged to fully assess the property's financial performance and potential. Detailed financial statements and lease agreements can be provided to qualified buyers. This is a rare chance to acquire a well-positioned retail property in a thriving area of Sacramento. The property's location within Sacramento County offers convenient access to major transportation routes and a diverse customer base. Serious inquiries are welcome. Contact us to schedule a viewing and explore this lucrative investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $580,241

  6.5%

  $535,607

  7%

  $497,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $386,077

  Geo Method

  $386,077

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,034,010

  Mixed-Use / Specialty

  $537,933

  Hospitality / Lodging

  $400,179

  Office

  $539,149

  Institutional / Educational

  $560,748

  Residential Income

  $656,075

  Multifamily

  $763,380

  Automotive / Energy

  $480,641

  Parking / Income-Based Land

  $161,679

  Restaurant / Food Service

  $288,822

  Healthcare / Senior Housing

  $547,297

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5444

Longitude

-121.465

CBSA code

40900

CBSA name

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

Property Tax & Assessments

FAQs

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