515 Michigan BlvdWest Sacramento, CA 95691

Property Details for 515 Michigan Blvd

Year built

1985

Lot size

0.38 AC

Zone code

R-4

Property type

Healthcare properties

Property subtype

Medical offices

APN

008-140-081-000

APU

8140081000

Description

This exceptional 3,707 square foot freestanding commercial building in West Sacramento, California, presents a unique investment opportunity. Situated on a 0.38-acre lot at the highly visible corner of Jefferson Boulevard and Michigan Boulevard, this two-story building offers convenient access to Highway 80. Built in 1985, the property features a single tenancy and boasts ADA accessibility, including restrooms and a stair lift. The Central Business District zoning allows for diverse uses, including retail, office, restaurant, assembly, veterinary services, and even residential on the upper floor (verification with the City of West Sacramento is recommended). Currently configured as a medical office, the space includes multiple exam rooms with sinks, a reception area, a waiting room, and two restrooms on each level. The property also includes a gated, fenced lot with 16 parking spaces. The APN is 008-140-081-000, located in Yolo County, CA, 95691. This versatile property is available for sale or lease and is ready for its next chapter. The building has one elevator.

• CAP approach

  CAP return

  Valuation

  6%

  $5,138,470

  6.5%

  $4,743,202

  7%

  $4,404,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,393,564

  Geo Method

  $2,393,564

• Alternative Use

  Use

  Valuation

  Residential

  $5,881,571

  Hospitality

  $5,387,488

  Educational

  $4,482,326

  Medical

  $4,636,480

  Retail

  $6,972,508

Location Insight

City

West Sacramento

County

Yolo

State

California

Latitude

38.5832

Longitude

-121.527

CBSA code

40900

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].