1805 Tribute RdSacramento, CA 95815

  • Industrial properties
  • 1.98 AC
For Sale
$3,375,000 View listing

Property Details for 1805 Tribute Rd

Lot size
1.98 AC
Zone code
C-2-R-PUD
Property type
Industrial properties
Property subtype
Other industrial properties
APN
277-0320-004-0000
APU
27703200040000

Description

This exceptional 19,481 square-foot multi-tenant industrial flex property in Sacramento, CA, presents a compelling investment opportunity. Located at 1805 Tribute Road, this Class B, stabilized investment boasts a 6.53% cap rate and a strong NOI of $220,352. The property, built in 1979 and renovated in 2021, features 10 loading docks and 16-foot ceilings, spread across a two-story building on a 2.33-acre lot. Currently 100% occupied by nine tenants under triple-net leases, minimizing landlord expenses. The property includes an additional income stream of $800 per month from managing a common area parking parcel. Its prime location offers immediate access to Highway 160 and Business 80 (Capitol City Freeway), providing excellent transportation links throughout the greater Sacramento area. The property is zoned C-2-R-PUD and benefits from its proximity to downtown Sacramento and the thriving Sacramento metropolitan region. This is a rare opportunity to acquire a well-maintained, high-performing industrial property in a desirable location with significant growth potential. The asking price is $3,375,000, representing a price per square foot of $173.25. The property consists of one building and features a total of nine units. The APN is 227-0320-002 & 227-0320-004. Ownership is fee simple.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,403,126
    Hospitality
    $15,025,175
    Educational
    $12,500,770
    Medical
    $12,930,690
    Retail
    $19,445,642
1805 Tribute Rd, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5994
Longitude
-121.447
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
$10
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-
-
-
-
-
-

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