9028 Franklin BlvdElk Grove, CA 95758
- Mixed-use properties
- 6,600 SF
Property Details for 9028 Franklin Blvd
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 0.73 AC
- Property size (Sq ft)
- 6,600 SF
- Zone code
- BP
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 119-0810-060-0000
- APU
- 11908100600000
Description
This 1,628 square foot commercial office space is part of the 12,074 square foot Laguna Center in Elk Grove, CA (95758), located at 9028 Franklin Blvd. The Class B building features multiple tenants, including Laguna Family Dental and BT Orthodontics, State Farm Insurance, and others. This prime location offers excellent visibility and accessibility, situated near the intersection of Franklin Blvd and Laguna Blvd. The property benefits from high traffic counts due to its proximity to a thriving retail hub including Bel Air, Safeway, CVS, Walgreens, Starbucks, and numerous banks and restaurants. Elk Grove is a rapidly growing city with a population of approximately 172,000, boasting low crime rates, excellent schools, and ample parks and trails. The area is also home to major employers within the Elk Grove Unified School District. This presents a unique opportunity for businesses seeking a well-established location in a dynamic and family-friendly community within the greater Sacramento region. The available space is ideal for medical or general commercial use.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,376,782
- 6.5%
- $1,270,876
- 7%
- $1,180,099
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,460,639
- Geo Method
- $1,460,639
-
Alternative Use
- Use
- Valuation
- Residential
- $1,270,876
- Hospitality
- $1,164,115
- Educational
- $968,530
- Medical
- $1,001,840
- Retail
- $1,506,603
Location Insight
- City
- Elk Grove
- County
- Sacramento
- State
- California
- Latitude
- 38.4295
- Longitude
- -121.448
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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