5227 Manzanita AveCarmichael, CA 95608

Property Details for 5227 Manzanita Ave

Year built

1974

Construction

TILT-UP CONCRETE

Lot size

0.63 AC

Property size (Sq ft)

8,000 SF

Zone code

LC

Property type

Retail properties

Property subtype

Retail space

APN

230-0042-007-0000

APU

23000420070000

Description

This exceptional 8,000 square foot freestanding retail building is ideally situated on Manzanita Avenue in the thriving Carmichael community of Sacramento County, California. The property boasts a single-tenant occupancy, offering a unique opportunity for a business seeking a prominent location with high visibility. Its convenient placement on Manzanita Avenue ensures excellent accessibility for customers and ample street parking. The building's substantial size provides ample space for a variety of retail uses, allowing for flexible layout configurations to suit specific business needs. Located in the 95608 zip code, this property benefits from Carmichael's strong demographics and robust local economy. The building's freestanding nature offers excellent branding opportunities and a distinct presence within the commercial landscape. This is a rare opportunity to secure a significant retail space in a desirable and high-traffic area. The property is classified as Retail, Subtype Freestanding, and offers a single tenancy. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering. Further details regarding lease terms and conditions are available upon request. This property presents a compelling investment opportunity for businesses seeking a strong foothold in the Carmichael market. The address is 5227 Manzanita Ave, Carmichael, CA 95608.

• CAP approach

  CAP return

  Valuation

  6%

  $1,557,082

  6.5%

  $1,437,306

  7%

  $1,334,642

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,878,445

  Geo Method

  $2,878,445

• Alternative Use

  Use

  Valuation

  Residential

  $1,212,422

  Hospitality

  $1,110,572

  Educational

  $923,983

  Medical

  $955,760

  Retail

  $1,437,306

Location Insight

City

Carmichael

County

Sacramento

State

California

Latitude

38.6614

Longitude

-121.328

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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