9028 Franklin BlvdElk Grove, CA 95758

  • Mixed-use properties
  • 6,600 SF
For Lease
$23.40/SF/YR View listing

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
9028 Franklin Blvd, Elk Grove, California

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

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
$16,697
$365,000
$1,135,000
$1,500,000
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