6431 Fair Oaks BlvdCarmichael, CA 95608
- Retail properties
- 33,190 SF
Property Details for 6431 Fair Oaks Blvd
- Year built
- 1974
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.99 AC
- Property size (Sq ft)
- 33,190 SF
- Zone code
- SPA
- Property type
- Retail properties
- Property subtype
- Other individual retail properties
- APN
- 272-0160-025-0000
- APU
- 27201600250000
Description
This exceptional single-tenant retail property, located at 6431 Fair Oaks Blvd in Carmichael, California, presents a compelling investment opportunity. The ±33,190 square foot freestanding building sits on a 2.99-acre lot at the high-traffic intersection of Fair Oaks Boulevard and Marconi Avenue, boasting excellent visibility and accessibility. Zoned SPA, this property is ideally suited for a grocery store tenant. The building is a single-story structure, offering ample space for retail operations. Carmichael is a prosperous suburb within the Greater Sacramento metropolitan area, approximately 10 miles northeast of Downtown Sacramento and the state Capitol. The area is characterized by a dense population and above-average household incomes, creating a strong and stable market for retail businesses. This location offers significant potential for growth and return on investment due to its prime location and established market. The property's size and visibility make it an attractive option for a variety of retail uses, particularly within the grocery sector. The address is 6431 Fair Oaks Blvd, Carmichael, CA 95608.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,459,943
- 6.5%
- $5,963,024
- 7%
- $5,537,094
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,941,948
- Geo Method
- $11,941,948
-
Alternative Use
- Use
- Valuation
- Residential
- $5,030,034
- Hospitality
- $4,607,484
- Educational
- $3,833,373
- Medical
- $3,965,208
- Retail
- $5,963,024
Location Insight
- City
- Carmichael
- County
- Sacramento
- State
- California
- Latitude
- 38.618
- Longitude
- -121.33
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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