7478 Sandalwood DrCitrus Heights, CA 95621

  • Retail properties
  • 7,062 SF
For Lease
$15/SF/YR View listing

Property Details for 7478 Sandalwood Dr

Year built
1987
Construction
WOOD
Lot size
0.35 AC
Property size (Sq ft)
7,062 SF
Zone code
SPA
Property type
Retail properties
Property subtype
Retail space
APN
204-0620-018-0000
APU
20406200180000

Description

This exceptional commercial property, located at 7478 Sandalwood Drive in Citrus Heights, California (zip code 95621), presents a fantastic opportunity for businesses seeking office space in Sacramento County. The property is a traditional office building totaling 7,084 square feet and is currently configured with two suites. A significant portion of the building, 3,036 square feet, is immediately available for lease. The minimum leasable space is also 3,036 square feet, representing the maximum contiguous space currently available. This makes it ideal for a single tenant seeking a substantial space or potentially divisible for smaller businesses. The property boasts excellent visibility and accessibility, making it a highly desirable location within the thriving Citrus Heights submarket. The building's address is easily accessible and benefits from high traffic visibility. This is a prime opportunity to establish a presence in a dynamic and growing community. The property is classified as a traditional office building, offering a classic and functional workspace. Serious inquiries are encouraged to explore this exceptional opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,374,514
    6.5%
    $1,268,782
    7%
    $1,178,155
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,540,947
    Geo Method
    $2,540,947
  • Alternative Use

    Use
    Valuation
    Residential
    $1,070,265
    Hospitality
    $980,357
    Educational
    $815,646
    Medical
    $843,697
    Retail
    $1,268,782
7478 Sandalwood Dr, Citrus Heights, California

Location Insight

City
Citrus Heights
County
Sacramento
State
California
Latitude
38.7157
Longitude
-121.291
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
$9,348
$117,918
$656,944
$774,862
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FAQs

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