521 Bidwell StFolsom, CA 95630

Property Details for 521 Bidwell St

Lot size

0.97 AC

Zone code

C-2

Property type

Retail properties

Property subtype

Banks

APN

071-0440-015-0000

APU

7104400150000

Description

This exceptional investment opportunity presents a fee-simple interest in a Class A, 6,160 square foot US Bank branch located at 521 E Bidwell St, Folsom, CA 95630. The property sits on a 1.33-acre lot, boasting a highly visible, hard-corner location with over 28,200 vehicles passing daily. This is the only US Bank branch in Folsom, equipped with a drive-thru for added convenience. The property is subject to an absolute triple-net lease with US Bank National Association (S&P rated A), providing a strong, credit-rated tenant. The current lease expires April 30, 2029, with two five-year renewal options. The asking price is $3,825,000, representing a price per square foot of $620.94 and a 5.25% cap rate based on a net operating income (NOI) of $200,796. A 10% rental rate increase is scheduled for May 2025. Folsom's demographics are exceptional, with average household incomes exceeding $109,000 within a three-mile radius. E. Bidwell Street serves as Folsom's primary retail artery, connecting to US Highway 50, ensuring high traffic and visibility. The substantial deposit base of over $182 million (as of June 2023, per FDIC data) further strengthens this investment's appeal. Buyer to verify lot size.

• CAP approach

  CAP return

  Valuation

  6%

  $9,750,186

  6.5%

  $9,000,171

  7%

  $8,357,302

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,632,263

  Geo Method

  $15,187,394

• Alternative Use

  Use

  Valuation

  Residential

  $7,591,982

  Hospitality

  $6,954,214

  Educational

  $5,785,824

  Medical

  $5,984,808

  Retail

  $9,000,171

Location Insight

City

Folsom

County

Sacramento

State

California

Latitude

38.6726

Longitude

-121.165

CBSA code

40900

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].