8861 Greenback LnOrangevale, CA 95662

Property Details for 8861 Greenback Ln

Year built

1987

Construction

TILT-UP CONCRETE

Lot size

2.76 AC

Property size (Sq ft)

31,180 SF

Zone code

SPA

Property type

Retail properties

Property subtype

Strip malls

APN

223-0081-017-0000

APU

22300810170000

Description

This exceptional retail property, located at 8861 Greenback Lane in Orangevale, California (zip code 95662), offers 16,959 square feet of vacant space in a strip center configuration. The property is situated in Sacramento County and presents a unique opportunity for multiple tenants or a single large occupant. Individual spaces range from a minimum of 687 square feet to a maximum contiguous space of 3,968 square feet, providing flexibility for various business needs. The entire 16,959 square feet is currently available for lease. This prime location in Orangevale offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's convenient location within Sacramento County ensures easy access for customers and employees alike. With eight available spaces, this retail center provides a diverse range of options for potential tenants seeking to establish or expand their businesses in a thriving community. The property is classified as a retail strip center, offering a well-established and easily accessible retail environment. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant retail presence in a desirable Orangevale location. The property's size and layout offer considerable potential for a variety of retail concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $6,742,678

  6.5%

  $6,224,011

  7%

  $5,779,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,979,847

  Geo Method

  $11,218,739

• Alternative Use

  Use

  Valuation

  Residential

  $5,250,186

  Hospitality

  $4,809,142

  Educational

  $4,001,150

  Medical

  $4,138,756

  Retail

  $6,224,011

Location Insight

City

Orangevale

County

Sacramento

State

California

Latitude

38.6796

Longitude

-121.228

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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