This exceptional retail opportunity is located at 4035 Grass Valley Highway in Auburn, California, 95602. The property is a strip center totaling 9,025 square feet, with 1,100 square feet currently available for lease. This space represents a minimum divisible unit, with a maximum contiguous space also of 1,100 square feet. The center enjoys a high-traffic location just off Highway 49, near the intersection of Dry Creek Road, providing excellent visibility and accessibility. Prominent monument signage is available on Highway 49, and building signage may also be an option for the new tenant. The property is situated in Placer County and benefits from existing strong tenants, including a Beach Hut Deli and a personalized fitness center, creating a vibrant and established retail environment. This space is ideal for a variety of retail uses and presents a compelling opportunity for businesses seeking high visibility and convenient access in a thriving community. The address is 4035 Grass Valley Highway, Auburn, CA 95602.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,651,030
6.5%
$4,293,258
7%
$3,986,598
Comparable approach
Method
Valuation
Relative Method
$6,979,877
Geo Method
$7,244,686
Alternative Use
Use
Valuation
Residential
$3,621,524
Hospitality
$3,317,297
Educational
$2,759,952
Medical
$2,854,871
Retail
$4,293,258
Location Insight
City
Auburn
County
Placer
State
California
Latitude
38.9579
Longitude
-121.102
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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