109 15Th StWest Sacramento, CA 95691
- Retail properties
- 0.71 AC
Property Details for 109 15Th St
- Year built
- 1957
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.71 AC
- Zone code
- C-1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 058-054-014-000
- APU
- 58054014000
Description
This exceptional 8,900-square-foot retail space is located at 109 15th St, West Sacramento, CA 95691, offering a prime opportunity for a new business. Situated on a 30,950-square-foot lot, this single-story, 1957-built building boasts prominent visibility from 15th Street, thanks to its location off a high-traffic intersection. The property includes approximately 38 parking spaces, providing ample convenience for customers. Zoned C-1 for retail use, this location benefits from excellent freeway access and proximity to Sutter Health Park and downtown Sacramento. The property is situated within a federally designated Opportunity Zone, presenting significant investment advantages. The planned Broadway Bridge Project, anticipated completion between 2030 and 2035, is adjacent to the property, promising future growth and development in the area. The building's single tenancy allows for complete control and customization. The APN is 058-054-014-000. The cross street is Jefferson Blvd. Note that the building is currently fully occupied. A virtual tour is available online.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $13,346,156
- 6.5%
- $12,319,529
- 7%
- $11,439,562
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,135,983
- Geo Method
- $11,135,983
-
Alternative Use
- Use
- Valuation
- Residential
- $10,391,983
- Hospitality
- $9,519,001
- Educational
- $7,919,697
- Medical
- $8,192,068
- Retail
- $12,319,529
Location Insight
- City
- West Sacramento
- County
- Yolo
- State
- California
- Latitude
- 38.5709
- Longitude
- -121.525
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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