3440 Capitol AveWest Sacramento, CA 95691

  • Warehouses
  • 1,440 SF
For Sale
$12,000,000 View listing

Property Details for 3440 Capitol Ave

Year built
1997
Construction
TILT-UP CONCRETE
Lot size
5.15 AC
Property size (Sq ft)
1,440 SF
Zone code
M-2
Property type
Warehouses
APN
008-030-067-000
APU
8030067000

Description

This exceptional investment opportunity presents a 1,400-square-foot single-tenant industrial distribution center situated on a substantial 7.7-acre lot in West Sacramento, CA. The property, built in 1997, is classified as Class C and features M-2 Heavy Industrial Zoning, allowing for a wide range of uses including manufacturing, processing, assembly, research, wholesale, storage, and more. The property includes two parcels (APN: 008-030-067-000 and APN: 008-030-005-000), offering significant flexibility and potential for expansion. Currently configured for truck parking and operations, the site also offers existing office and storage space. The asking price is $12,000,000, translating to a price per square foot of $8,571.43. The property's prime location provides excellent accessibility and visibility, with convenient proximity to major freeways (Interstate 80 and Interstate 5) and the Port of West Sacramento, significantly enhancing logistics and shipping capabilities. The lease on the existing tenant expires December 31, 2025, representing a remaining lease term of approximately 1.1 years. This presents a unique opportunity to acquire a well-located industrial property in a thriving area with potential for future development within a growing industrial market. The one-story building offers a solid foundation for various industrial uses, benefiting from its strategic location and flexible zoning.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $691,973
    6.5%
    $638,745
    7%
    $593,120
  • Comparable approach

    Method
    Valuation
    Relative Method
    $328,965
    Geo Method
    $328,965
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $320,880
    Mixed-Use / Specialty
    $314,484
    Hospitality / Lodging
    $223,888
    Office
    $307,145
    Institutional / Educational
    $325,059
    Residential Income
    $380,319
    Multifamily
    $485,252
    Automotive / Energy
    $278,622
    Parking / Income-Based Land
    $101,338
    Restaurant / Food Service
    $152,356
    Healthcare / Senior Housing
    $327,883

Location Insight

City
West Sacramento
County
Yolo
State
California
Latitude
38.5801
Longitude
-121.556
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
2023
$12,393
$706,255
$181,086
$887,341
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-
-
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