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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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