4980 Watt AveNorth Highlands, CA 95660

Property Details for 4980 Watt Ave

Year built

1990

Construction

WOOD

Lot size

0.78 AC

Property size (Sq ft)

7,982 SF

Zone code

SPA

Property type

Retail properties

Property subtype

Retail space

APN

228-0251-050-0000

APU

22802510500000

Description

Watt Rose Square, located at 4980 Watt Avenue in North Highlands, California (zip code 95660), presents a prime retail investment opportunity. This 0.34-acre site boasts a total building area of 19,900 square feet, offering multiple tenancy options. Currently, there are 6,595 square feet of vacant space available, divisible into units as small as 1,506 square feet, with a maximum contiguous space of 5,089 square feet. The property benefits from a high-traffic location along a major north-south thoroughfare in Sacramento, ensuring excellent visibility and accessibility. The strategic placement across the street from established businesses like Panda Express and Starbucks, and in close proximity to national chains including Jack in the Box, Pizza Hut, McDonald's, Carl's Jr., WingStop, Metro PCS, Subway, Taco Bell, and a new Super Walmart, guarantees significant foot traffic and consumer exposure. This exceptional location provides a strong foundation for a thriving retail operation, making it an ideal investment for businesses seeking high visibility and a dense customer base. The property's size and layout offer flexibility for a variety of retail uses, catering to both established businesses and new ventures. This is a rare opportunity to acquire a well-positioned retail property in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,901,656

  6.5%

  $1,755,375

  7%

  $1,629,991

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,871,968

  Geo Method

  $2,871,968

• Alternative Use

  Use

  Valuation

  Residential

  $1,480,724

  Hospitality

  $1,356,336

  Educational

  $1,128,455

  Medical

  $1,167,265

  Retail

  $1,755,375

Location Insight

City

North Highlands

County

Sacramento

State

California

Latitude

38.6569

Longitude

-121.382

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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