2040 Stockton BlvdSacramento, CA 95817
- Retail properties
- 8,600 SF
Property Details for 2040 Stockton Blvd
- Year built
- 1978
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.61 AC
- Property size (Sq ft)
- 8,600 SF
- Zone code
- C-2
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 014-0013-026-0000
- APU
- 1400130260000
Description
This exceptional 0.7-acre parcel, located at 2040 Stockton Blvd in Sacramento, California (zip code 95817), presents a unique development opportunity. Zoned C-2 (General Commercial), this level lot boasts 205 feet of high-visibility frontage on Stockton Boulevard, experiencing approximately 26,000 daily car counts. Its strategic location places it at the gateway to UC Medical Center and Aggie Square, offering unparalleled access to a significant population base. The property is situated on the west side of Stockton Boulevard, directly across from a Starbucks, and enjoys convenient proximity to Highway 50 (approximately 0.2 miles) and UC Medical Center (approximately 0.4 miles). The asking price is $2,200,000, translating to a land value of $72 per square foot. The property's APN is 014-0013-026-0000. This infill site is ideal for developers seeking a high-traffic, well-located commercial property in a rapidly growing area of Sacramento. The land is currently bare and ready for development. This is a truly rare opportunity to acquire a significant commercial parcel in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,585,428
- 6.5%
- $3,309,626
- 7%
- $3,073,224
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,094,328
- Geo Method
- $3,094,328
-
Alternative Use
- Use
- Valuation
- Residential
- $2,791,794
- Hospitality
- $2,557,268
- Educational
- $2,127,617
- Medical
- $2,200,789
- Retail
- $3,309,626
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.5586
- Longitude
- -121.462
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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