12440 Jackson Gate RdJackson, CA 95642
- Commercial real estate
- 12,670 SF
Property Details for 12440 Jackson Gate Rd
- Year built
- 2008
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.05 AC
- Property size (Sq ft)
- 12,670 SF
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 044-030-023-000
- APU
- 44030023000
Description
Jackson Gate South, a prime retail investment opportunity in Jackson, CA (95642), presents three commercial buildings totaling 12,450 rentable square feet on a 1.05-acre lot. This Class B property boasts a strong 94% occupancy rate, anchored by three tenants including O'Reilly Auto Parts and SpeeDee Oil Change & Auto Service, both with over fifteen years of operation at this location and long-term lease options. The property benefits from a highly visible location at the signalized intersection of Highway 49 and Jackson Gate Road, just north of the intersection of Highway 88 & Highway 49, with excellent exposure to approximately 21,000 vehicles daily. The current Net Operating Income (NOI) is $306,294, with a pro-forma NOI of $325,295, resulting in a 6.59% cap rate and a pro-forma cap rate of 7.00%. The asking price is $4,650,000, translating to a price per square foot of $367.01. Built in 2008, the property features three single-story buildings with a total of four units, operating under NNN leases with credit-rated tenants. The property is zoned C2 and has multiple points of ingress and egress. Seller financing is available at 5% interest. This fee-simple ownership opportunity offers a low-management asset with an attractive yield and strong potential for future growth. The APN is 044-030-023-000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,278,854
- Hospitality
- $2,087,418
- Educational
- $1,736,707
- Medical
- $1,796,435
- Retail
- $2,701,544
Location Insight
- City
- Jackson
- County
- Amador
- State
- California
- Latitude
- 38.3673
- Longitude
- -120.795
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.
- 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].