7423 Fair Oaks BlvdCarmichael, CA 95608

  • Mixed-use properties
  • 10,000 SF
For Lease
$30/SF/YR View listing

Property Details for 7423 Fair Oaks Blvd

Year built
1989
Lot size
0.82 AC
Property size (Sq ft)
10,000 SF
Zone code
SC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
258-0310-037-0000
APU
25803100370000

Description

This exceptional Class A retail opportunity is located in Carmichael, California, at 7423 Fair Oaks Blvd, near the intersection of Manzanita Ave. The property offers multiple suites available for lease within a single-story building, perfect for a variety of retail or restaurant uses. Suites are divisible, with a minimum leasable area of 2,000 square feet and a maximum contiguous space of 4,000 square feet. The total building square footage is not currently specified. This prime location benefits from a new signalized intersection, enhancing visibility and accessibility for businesses. Furthermore, a proposed pad site adjacent to the new main entrance presents additional development potential. The property is situated in Sacramento County, California, and boasts a highly desirable address in the thriving Carmichael community, zip code 95608. This presents a unique chance to establish a presence in a vibrant and growing market. The property's strategic location and modern amenities make it an ideal choice for businesses seeking a high-profile location with excellent visibility and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,641,821
    6.5%
    $1,515,527
    7%
    $1,407,275
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,213,090
    Geo Method
    $2,213,090
  • Alternative Use

    Use
    Valuation
    Residential
    $1,515,527
    Hospitality
    $1,388,214
    Educational
    $1,154,978
    Medical
    $1,194,700
    Retail
    $1,796,633
7423 Fair Oaks Blvd, Carmichael, California

Location Insight

City
Carmichael
County
Sacramento
State
California
Latitude
38.6366
Longitude
-121.329
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
2024
$22,660
$595,437
$1,181,785
$1,777,222
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