3191 Zinfandel DrRancho Cordova, CA 95670

  • Mixed-use properties
  • 9,120 SF
For Sale

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
3191 Zinfandel Dr, Rancho Cordova, California

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

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
$54,751
$612,000
$3,325,200
$3,937,200
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