8870 Auburn Folsom RdGranite Bay, CA 95746

  • Retail properties
  • 9,092 SF
For Lease
$24/SF/YR View listing

Property Details for 8870 Auburn Folsom Rd

Year built
1964
Construction
WOOD
Lot size
0.90 AC
Property size (Sq ft)
9,092 SF
Property type
Retail properties
Property subtype
Retail space
APN
048-132-067-000
APU
48132067000

Description

This exceptional 2,311 square foot medical office space is situated in Granite Bay, California, at 8870 Auburn Folsom Road, zip code 95746, within Placer County. The single-story building offers high visibility with prominent monument and building signage, ensuring excellent exposure for your practice. The space is currently entirely vacant and available for immediate occupancy. The property is classified as retail and office, specifically designated as a medical office subtype, and features multiple tenancies. There are no elevators in the building. This presents a unique opportunity for a medical professional or group seeking a well-located, readily available space with strong visibility in a thriving community. The property's prime location on Auburn Folsom Boulevard in Granite Bay provides easy access for patients and staff. The contiguous space allows for flexible layout options to suit various medical practices. This is an ideal location for establishing or expanding a medical practice in a high-traffic area with excellent signage opportunities. The address is easily accessible and well-suited for patient convenience. The 2,311 square feet provides ample room for a variety of medical services.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,100,182
    6.5%
    $1,938,630
    7%
    $1,800,156
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,151,778
    Geo Method
    $3,271,352
  • Alternative Use

    Use
    Valuation
    Residential
    $1,635,307
    Hospitality
    $1,497,932
    Educational
    $1,246,262
    Medical
    $1,289,123
    Retail
    $1,938,630
8870 Auburn Folsom Rd, Granite Bay, California

Location Insight

City
Granite Bay
County
Placer
State
California
Latitude
38.7379
Longitude
-121.171
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
$15,871
$479,671
$747,395
$1,227,066
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