8042 Greenback LnCitrus Heights, CA 95610

  • Turn key restaurants
  • 3,870 SF

Property Details for 8042 Greenback Ln

Year built
1978
Construction
WOOD
Lot size
0.33 AC
Property size (Sq ft)
3,870 SF
Zone code
LC
Property type
Turn key restaurants
APN
243-0350-035-0000
APU
24303500350000

Description

This ±3,870 square foot freestanding retail building is ideally situated on Greenback Lane in Citrus Heights, California, zip code 95610. The single-story structure offers excellent visibility and high traffic counts due to its prime location. Its freestanding nature provides ample parking and convenient access for customers. The property is conveniently located just blocks from the Sunrise Marketplace, ensuring high foot traffic and exposure to a large consumer base. This presents a unique opportunity for a variety of retail businesses seeking a prominent location with strong visibility and accessibility. The building's single-tenancy configuration offers flexibility and control for the owner-occupier or investor. The property's address is 8042 Greenback Lane, Citrus Heights, CA 95610. Its geographic coordinates are 38.6784565653308 latitude and -121.26335608612955 longitude. This presents a compelling investment opportunity in a thriving retail corridor. The property's size and location make it suitable for a wide range of retail uses. Serious inquiries are encouraged to explore this exceptional retail property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $616,825
    6.5%
    $569,377
    7%
    $528,707
  • Comparable approach

    Method
    Valuation
    Relative Method
    $574,661
    Geo Method
    $574,661
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,144,280
    Mixed-Use / Specialty
    $553,631
    Hospitality / Lodging
    $388,324
    Office
    $536,057
    Institutional / Educational
    $570,651
    Residential Income
    $667,662
    Multifamily
    $876,795
    Automotive / Energy
    $489,130
    Parking / Income-Based Land
    $182,344
    Restaurant / Food Service
    $258,676
    Healthcare / Senior Housing
    $581,804

Location Insight

City
Citrus Heights
County
Sacramento
State
California
Latitude
38.6782
Longitude
-121.263
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
$8,717
$296,986
$341,692
$638,678
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-
-
-

FAQs

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