8940 Greenback LnOrangevale, CA 95662

Property Details for 8940 Greenback Ln

Year built

2006

Construction

WOOD

Lot size

0.47 AC

Property size (Sq ft)

6,110 SF

Zone code

SPA

Property type

Retail properties

Property subtype

Retail space

APN

223-0142-057-0000

APU

22301420570000

Description

This exceptional 1,240 square foot retail space, located at 8940 Greenback Ln in Orangevale, CA 95662, is ideally suited for a hair salon. Situated within a larger 6,110 square foot Class A building, this immediately available space offers a turnkey opportunity for a new or expanding business. The property boasts a convenient location with excellent visibility and accessibility, situated near Hazel Avenue in the thriving Citrus Heights/Orangevale submarket of Sacramento County. The 0.47-acre lot provides ample parking and outdoor space. The space is zoned SPA, ensuring compliance with all necessary regulations for a hair salon operation. The property's APN is 223-0142-057-0000. This is a multiple tenancy building, offering the potential for synergy with other businesses. The minimum divisible space is 1,240 square feet, making it perfect for a salon of various sizes. This is a rare opportunity to establish a thriving business in a desirable location. Don't miss out on this chance to secure a prime retail space in a high-traffic area. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,328,570

  6.5%

  $1,226,372

  7%

  $1,138,774

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,148,939

  Geo Method

  $2,198,412

• Alternative Use

  Use

  Valuation

  Residential

  $1,034,491

  Hospitality

  $947,588

  Educational

  $788,382

  Medical

  $815,496

  Retail

  $1,226,372

Location Insight

City

Orangevale

County

Sacramento

State

California

Latitude

38.6779

Longitude

-121.224

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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