9045 Fair Oaks BlvdCarmichael, CA 95608

Property Details for 9045 Fair Oaks Blvd

Year built

1985

Construction

WOOD

Lot size

1.10 AC

Property size (Sq ft)

13,116 SF

Zone code

LC

Property type

Retail properties

Property subtype

Strip malls

APN

247-0280-012-0000

APU

24702800120000

Description

This exceptional retail property, located at 9045 Fair Oaks Blvd in Carmichael, CA 95608, presents a unique investment opportunity. The San Juan Center, a multi-tenant strip center totaling 8,361 square feet, boasts a prime location at the signalized intersection of Fair Oaks Boulevard and San Juan Avenue, two of the area's busiest thoroughfares. Currently, 7,124 square feet of space is available, divisible into units ranging from a minimum of 1,314 square feet to a maximum contiguous space of 2,248 square feet. Three spaces are currently available for lease. The center benefits from strong demographics, surrounded by dense residential neighborhoods. Existing tenants include well-established businesses such as Family Donuts, Royal Nails, and Pasquale's Pizza, creating a vibrant and successful retail environment. Ample parking is provided, with a ratio of 6.35 spaces per 1,000 square feet. This property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses seeking a thriving Carmichael market presence within Sacramento County. The property is situated in a high-traffic area with excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $2,552,836

  6.5%

  $2,356,464

  7%

  $2,188,145

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,719,210

  Geo Method

  $4,719,210

• Alternative Use

  Use

  Valuation

  Residential

  $1,987,765

  Hospitality

  $1,820,782

  Educational

  $1,514,869

  Medical

  $1,566,968

  Retail

  $2,356,464

Location Insight

City

Carmichael

County

Sacramento

State

California

Latitude

38.6368

Longitude

-121.292

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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