5640 Whitelock PkwyElk Grove, CA 95757

Property Details for 5640 Whitelock Pkwy

Year built

2006

Construction

WOOD

Lot size

2.83 AC

Property size (Sq ft)

21,600 SF

Zone code

LC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

132-1430-002-0000

APU

13214300020000

Description

This exceptional Elk Grove retail opportunity presents three vacant spaces within a thriving neighborhood strip center. The property, located at 5640 Whitelock Pkwy, 95757, comprises three buildings totaling approximately 21,000 square feet, with a combined vacancy of roughly 4,614 square feet. Three individual spaces are available for lease, offering flexible options for various retail or restaurant uses. The largest available space measures approximately 1,839 square feet, while a second space offers 1,575 square feet in shell condition, ready for tenant build-out. A third end-cap space is available, totaling 1,500 square feet. The entire property is zoned LC - Limited Commercial. The minimum divisible space is 1,500 square feet, with a maximum contiguous space of 1,575 square feet. The total building square footage is 4,914 square feet. This center benefits from its strategic location within a densely populated residential area, surrounded by numerous homes and schools, providing a strong customer base and convenient access for local residents. Its proximity to residential neighborhoods makes it an ideal location for businesses catering to everyday needs, offering a significant advantage over larger, more distant shopping centers.

• CAP approach

  CAP return

  Valuation

  6%

  $5,341,592

  6.5%

  $4,930,700

  7%

  $4,578,507

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,771,801

  Geo Method

  $7,771,801

• Alternative Use

  Use

  Valuation

  Residential

  $4,159,230

  Hospitality

  $3,809,832

  Educational

  $3,169,736

  Medical

  $3,278,748

  Retail

  $4,930,700

Location Insight

City

Elk Grove

County

Sacramento

State

California

Latitude

38.3934

Longitude

-121.437

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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