2779 Bidwell StFolsom, CA 95630

  • Community centers
  • 7,723 SF

Property Details for 2779 Bidwell St

Year built
2002
Construction
TILT-UP CONCRETE
Lot size
1.30 AC
Property size (Sq ft)
7,723 SF
Zone code
C-3 (PD)
Property type
Community centers
APN
072-1700-045-0000
APU
7217000450000

Description

This ±3,991 square foot retail space is located within Broadstone Plaza II, a thriving ±532,000 square foot regional power center in Folsom, California (zip code 95630). Situated at 2779-2799 E Bidwell St, this property benefits from its position within the rapidly growing Broadstone Master Planned Community, surrounded by upscale residential areas and other significant commercial developments. The center itself boasts a strong tenant mix of big-box retailers, restaurants, and shops, attracting a substantial customer base from Folsom and surrounding communities including El Dorado Hills, Cameron Park, Granite Bay, and Placerville. The expansive trade area, encompassing the Highway 50 corridor, boasts a population exceeding 80,000, with approximately 372,000 people within a 10-mile radius. The Broadstone Master Plan further enhances the area's appeal, encompassing 2,500 single-family homes, 650 multi-family units, and approximately 370 acres designated for future office park development. This presents a unique opportunity to establish a business within a dynamic and high-traffic retail environment, benefiting from the significant residential and commercial growth in the area. The space is ideal for a variety of retail uses and offers excellent visibility and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,783,954
    6.5%
    $1,646,726
    7%
    $1,529,103
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,677,208
    Geo Method
    $2,778,779
  • Alternative Use

    Use
    Valuation
    Residential
    $1,389,075
    Hospitality
    $1,272,386
    Educational
    $1,058,610
    Medical
    $1,095,017
    Retail
    $1,646,726

Location Insight

City
Folsom
County
Sacramento
State
California
Latitude
38.6539
Longitude
-121.124
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
$21,995
$803,677
$1,162,660
$1,966,337
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