7649 Fair Oaks BlvdCarmichael, CA 95608

Property Details for 7649 Fair Oaks Blvd

Year built

1965

Lot size

0.38 AC

Property size (Sq ft)

984 SF

Zone code

GC

Property type

Auto shops

APN

245-0180-010-0000

APU

24501800100000

Description

This exceptional investment opportunity presents a 948 square foot auto repair building situated on a spacious 16,500 square foot lot in Carmichael, California. Located at 7649 Fair Oaks Blvd, this single-story, 1965-built property boasts a prime location with high visibility and significant traffic counts. Fair Oaks Boulevard sees 29,189 average daily traffic (ADT), while nearby Manzanita Avenue registers 34,303 ADT. Currently 100% occupied under a NNN lease expiring December 31, 2025 (1.1 years remaining), this property offers a stable income stream. The asking price is $849,000, translating to $895.57 per square foot. The property features a separate fenced yard and storage container, providing additional rental potential or tenant flexibility. Zoned for General Commercial use in Sacramento County (APN: 245-0180-010-0000), this property is an ideal investment for owner-users or those seeking a strong, established tenant base in a high-traffic area. The property's accessibility and location within a thriving commercial environment contribute to its long-term success potential. Please note that the property is fully occupied

• CAP approach

  CAP return

  Valuation

  6%

  $191,521

  6.5%

  $176,789

  7%

  $164,161

• Comparable approach

  Method

  Valuation

  Relative Method

  $354,049

  Geo Method

  $354,049

• Alternative Use

  Use

  Valuation

  Residential

  $149,128

  Hospitality

  $136,600

  Educational

  $113,650

  Medical

  $117,558

  Retail

  $176,789

Location Insight

City

Carmichael

County

Sacramento

State

California

Latitude

38.6371

Longitude

-121.324

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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