2515 Iron Point RdFolsom, CA 95630

Property Details for 2515 Iron Point Rd

Year built

2005

Construction

WOOD

Lot size

0.98 AC

Property size (Sq ft)

3,177 SF

Zone code

C-3 (PD)

Property type

Drive through restaurants

APN

072-1190-127-0000

APU

7211901270000

Description

This exceptional freestanding retail building, located at 2515 Iron Point Rd in Folsom, CA 95630, presents a rare opportunity for a discerning buyer. Boasting 3,177 square feet of space and a convenient drive-thru, this single-tenant property is situated on a 0.98-acre lot. Built in 2005, the one-story building features 42 parking spaces, ensuring ample customer convenience. The property's strategic location within the Broadstone Master Planned Community places it in the heart of one of California's fastest-growing areas, surrounded by high-quality residential developments and other significant commercial and office spaces. The C-3 PD zoning provides flexibility for a variety of retail uses. The property's address is further identified by its cross street, Broadstone Point, and its Assessor's Parcel Number (APN) is 072-1190-127-0000. This is a remarkable chance to acquire a well-positioned, established retail property in a thriving market. The property's size, amenities, and location make it an ideal investment for those seeking a strong return in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $609,270

  6.5%

  $562,403

  7%

  $522,231

• Comparable approach

  Method

  Valuation

  Relative Method

  $454,513

  Geo Method

  $471,757

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,139,050

  Mixed-Use / Specialty

  $543,302

  Hospitality / Lodging

  $376,345

  Office

  $522,267

  Institutional / Educational

  $558,705

  Residential Income

  $653,685

  Multifamily

  $878,771

  Automotive / Energy

  $478,890

  Parking / Income-Based Land

  $182,150

  Restaurant / Food Service

  $246,089

  Healthcare / Senior Housing

  $574,677

Location Insight

City

Folsom

County

Sacramento

State

California

Latitude

38.6458

Longitude

-121.117

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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