700 Glenn DrFolsom, CA 95630
- Retail properties
- 8,000 SF
Property Details for 700 Glenn Dr
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 0.62 AC
- Property size (Sq ft)
- 8,000 SF
- Zone code
- M-1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 071-0020-031-0000
- APU
- 7100200310000
Description
This exceptional retail opportunity is located in the vibrant city of Folsom, California, within the Sibley Retail Center at 700 Glenn Drive, zip code 95630. The property is situated in Sacramento County and offers a total of 8,600 square feet of retail space, with 2,000 square feet currently available for lease. The space is a former karate studio, providing a versatile layout adaptable to a variety of retail uses. The building's classification is commercial storefront, suitable for businesses requiring high visibility and direct street access. The property is part of a multi-tenant retail center, offering potential for synergy and shared customer traffic. The available space presents a unique chance for businesses seeking a well-located, established retail presence in a thriving community. The address is easily accessible, offering convenient access for customers and employees. This is an excellent opportunity for businesses looking to establish or expand their operations in a high-traffic area of Folsom. The 2,000 square foot space is ready for immediate occupancy, providing a blank canvas for your business vision. The property is located at 38.663584 latitude and -121.1725191 longitude.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,847,938
- 6.5%
- $1,705,789
- 7%
- $1,583,947
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,773,232
- Geo Method
- $2,878,445
-
Alternative Use
- Use
- Valuation
- Residential
- $1,438,897
- Hospitality
- $1,318,022
- Educational
- $1,096,579
- Medical
- $1,134,292
- Retail
- $1,705,789
Location Insight
- City
- Folsom
- County
- Sacramento
- State
- California
- Latitude
- 38.6635
- Longitude
- -121.172
- 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
- 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.
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