2441 Northgate BlvdSacramento, CA 95833

  • Retail properties
  • 20,744 SF
For Lease
$15/SF/YR View listing

Property Details for 2441 Northgate Blvd

Year built
1972
Construction
TILT-UP CONCRETE
Lot size
1.75 AC
Property size (Sq ft)
20,744 SF
Zone code
C-2-SPD
Property type
Retail properties
Property subtype
Retail space
APN
274-0110-044-0000
APU
27401100440000

Description

This exceptional single-tenant retail property, located at 2441 Northgate Blvd in Sacramento, California (zip code 95833), offers 20,744 square feet of versatile commercial space. Situated in the Northgate submarket of Sacramento County, this Jr. Anchor retail building enjoys a prime location on bustling Northgate Boulevard, providing excellent visibility and accessibility. Its strategic placement offers significant advantages for businesses seeking high foot traffic and convenient access for customers. The property's convenient location is further enhanced by its proximity to Interstate 80 and Highway 160, ensuring easy access for both local and regional clientele. This makes it an ideal location for a variety of retail applications. The property is classified as both Retail and Special Purpose. This presents a unique opportunity for businesses seeking a high-impact location in a thriving Sacramento neighborhood. The property's size and location make it a compelling investment opportunity for businesses seeking to establish or expand their presence in the North Sacramento market. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,495,636
    6.5%
    $5,072,894
    7%
    $4,710,545
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,463,808
    Geo Method
    $7,463,808
  • Alternative Use

    Use
    Valuation
    Residential
    $4,279,176
    Hospitality
    $3,919,702
    Educational
    $3,261,146
    Medical
    $3,373,302
    Retail
    $5,072,894
2441 Northgate Blvd, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6106
Longitude
-121.477
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
$20,109
$718,749
$709,323
$1,428,072
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