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$17,995,000
Est. payment /mo
5.86 Acres Lot
UPDATED:
08/23/2024 10:37 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224025809
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1951
Lot Size 5.860 Acres
Acres 5.86
Property Description
High visibility and traffic are excellent indicators of a potential lucrative investment. A property situated in a prime location can attract more tenants and customers, leading to higher rental income and property value. The mix of professional offices and retail spaces can help diversify the tenant base, reducing risk associated with vacancies or economic downturns affecting a specific sector. With over 125,600 gross square feet of building space and nearly 6 acres of land, there many be opportunities for expansion or redevelopment in the future, depending on zoning regulations and market demand. Evaluate the property's potential for generating rental income and its overall return on investment (ROI). Factor in financing costs, property taxes, insurance, and other expenses to determine the property's profitability. Consider your investment goals and long-term strategy for the property. Are you looking for steady rental income, capital appreciation, or a combination of both? Develop a clear investment plan to guide your decision-making process.
Location
State CA
County Sacramento
Area 10821
Direction Corner of Fulton Avenue and Marconi Avenue
Location Details Public Transportation Nearby,Freeway Nearby,Restaurant Nearby,Shopping Nearby
Interior
Heating Central, MultiZone
Cooling Central, MultiZone
Flooring Tile, Carpet, Vinyl, Concrete, Wood
Exterior
Garage Open, Common Area Shared
Utilities Available Cable Available, Internet Available
Water Access Desc Public
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 268-0140-024-0000
Special Listing Condition None
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Listed by Lyon RE Sierra Oaks