161 Palm AveAuburn, CA 95603

Property Details for 161 Palm Ave

Year built

1974

Construction

WOOD

Lot size

0.93 AC

Property size (Sq ft)

11,280 SF

Property type

Office properties

Property subtype

Other office properties

APN

001-011-042-000

APU

1011042000

Description

This exceptional retail opportunity is located on Highway 49 in the vibrant Auburn, Placer County submarket. The property offers multiple tenancy options, with a minimum divisible space of 1,080 square feet and a maximum contiguous space of 2,160 square feet. Currently, 3,240 square feet of retail space is immediately available. This prime location provides excellent visibility and accessibility for businesses seeking high foot traffic and convenient access for customers. The property's Highway 49 frontage ensures significant exposure to a large daily volume of vehicles, making it ideal for a variety of retail uses. Whether you're a single tenant seeking a larger space or multiple businesses looking for smaller units, this property offers the flexibility to accommodate diverse needs. The strategic location in Auburn, Placer County, provides access to a strong local market and a thriving community. This is a rare opportunity to secure high-visibility retail space in a desirable location with excellent potential for growth and success. The available space is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Contact us today to learn more about this exceptional retail opportunity and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,772,512

  6.5%

  $1,636,165

  7%

  $1,519,296

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,551,689

  Geo Method

  $1,610,558

• Alternative Use

  Use

  Valuation

  Residential

  $2,028,845

  Hospitality

  $1,858,411

  Educational

  $1,546,176

  Medical

  $1,599,352

  Retail

  $2,405,163

Location Insight

City

Auburn

County

Placer

State

California

Latitude

38.9088

Longitude

-121.078

CBSA code

40900

CBSA name

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

Property Tax & Assessments

FAQs

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