8212 Fair Oaks BlvdCarmichael, CA 95608

  • Mixed-use properties
  • 2.35 AC
For Sale
$1,930,000 View listing

Property Details for 8212 Fair Oaks Blvd

Lot size
2.35 AC
Zone code
LC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
260-0031-033-0000
APU
26000310330000

Description

This exceptional investment opportunity presents a 16,850 square foot property encompassing a 7,600 square foot warehouse with ample yard space and a 9,250 square foot retail strip center. Situated on a desirable 2.35-acre lot in Carmichael, California (8212 Fair Oaks Blvd, zip code 95608), this property boasts a prime location with over 30,000 cars passing daily. The property currently enjoys a 91% occupancy rate, generating a strong net operating income (NOI) of $135,205 and a 7.01% cap rate, offering significant upside potential. The flexible LC zoning allows for a wide variety of uses, making it attractive to both investors and owner-users. Below-market rents on the existing warehouse space present a clear opportunity to increase profitability. The two buildings are strategically positioned to serve a variety of business needs, from retail operations to storage and distribution. This property is an ideal choice for investors seeking a value-add opportunity with strong cash flow and significant potential for future growth. The substantial yard space adds further versatility and income potential. The property's location on Fair Oaks Boulevard ensures high visibility and accessibility. This is a rare chance to acquire a well-positioned, multi-use property in a thriving Sacramento County market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,806,664
    6.5%
    $15,513,843
    7%
    $14,405,712
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,654,518
    Geo Method
    $22,654,518
  • Alternative Use

    Use
    Valuation
    Residential
    $15,513,843
    Hospitality
    $14,210,597
    Educational
    $11,823,050
    Medical
    $12,229,663
    Retail
    $18,391,412
8212 Fair Oaks Blvd, Carmichael, California

Location Insight

City
Carmichael
County
Sacramento
State
California
Latitude
38.6356
Longitude
-121.311
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
$14,768
$705,703
$514,685
$1,220,388
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