3191 Zinfandel DrRancho Cordova, CA 95670
- Mixed-use properties
- 9,120 SF
Property Details for 3191 Zinfandel Dr
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 0.77 AC
- Property size (Sq ft)
- 9,120 SF
- Zone code
- SPA (CVSPA
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 072-3010-006-0000
- APU
- 7230100060000
Description
This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Rancho Cordova, California. Strategically located at the northeast corner of Zinfandel Drive (26,708 Average Daily Traffic) and International Drive (14,215 ADT), this property benefits from high visibility and convenient access. The site is zoned CVSPA (Capital Village Special Planning Area), allowing for a variety of retail development options. Its prime location is further enhanced by its proximity to approximately 2000 units in the BDX apartment complex, numerous newer residential developments, and established office parks. This ensures a strong existing customer base and significant future growth potential. The property's convenient access to Highway 50 via the Zinfandel exit provides easy commutes for both employees and customers. The surrounding area boasts a diverse tenant mix, including national, regional, and local brands, creating a vibrant and successful commercial environment. This makes it an ideal location for a new retail development seeking to capitalize on the area's strong demographics and high traffic counts. The property's address is 3191 Zinfandel Dr, Rancho Cordova, CA 95670.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,777,038
- 6.5%
- $1,640,343
- 7%
- $1,523,176
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,018,338
- Geo Method
- $2,018,338
-
Alternative Use
- Use
- Valuation
- Residential
- $1,640,343
- Hospitality
- $1,502,545
- Educational
- $1,250,100
- Medical
- $1,293,093
- Retail
- $1,944,600
Location Insight
- City
- Rancho Cordova
- County
- Sacramento
- State
- California
- Latitude
- 38.5845
- Longitude
- -121.284
- 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
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