2050 Town Center PlzWest Sacramento, CA 95691

  • Community centers
  • 65,933 SF

Property Details for 2050 Town Center Plz

Year built
2008
Lot size
11.09 AC
Property size (Sq ft)
65,933 SF
Zone code
C-2
Property type
Community centers
APN
046-020-056-000
APU
46020056000

Description

Prime retail space available at Southport Town Center in West Sacramento, CA (95691), located at 2050 Town Center Plaza. This thriving shopping center boasts over 22 national and regional tenants, including major brands like Target, Nugget, and Dollar Tree, ensuring high foot traffic and visibility. Two spaces are currently available, ranging from 1,300 to 4,675 square feet, offering flexibility for various retail concepts. The property benefits from excellent ingress and egress, facilitated by two traffic signals, ensuring convenient access for customers. Significant signage opportunities exist both at the front and rear of the building, maximizing brand exposure. The center is strategically positioned within a three-mile radius of a substantial population of 87,914 people, providing a large potential customer base. This presents a unique opportunity to establish a presence in a growing and dynamic market. The property type is retail, with multiple tenancy options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,708,198
    6.5%
    $27,422,952
    7%
    $25,464,168
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,723,062
    Geo Method
    $23,723,062
  • Alternative Use

    Use
    Valuation
    Residential
    $23,132,286
    Hospitality
    $21,189,050
    Educational
    $17,629,040
    Medical
    $18,235,330
    Retail
    $27,422,952

Location Insight

City
West Sacramento
County
Yolo
State
California
Latitude
38.5507
Longitude
-121.538
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
$350,219
$9,271,800
$15,504,000
$24,775,800
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FAQs

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