7423 Fair Oaks BlvdCarmichael, CA 95608

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

Investment properties

Property subtype

Retail residential 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.

• 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

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

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