Sale or Lease. This property is located in a heavily-trafficked retail strip development on Marysville Blvd in the North Sacramento area. The property has two bathrooms already built and the rest open space for use. Any owner-user would have high visibility for signage and any investor would have a great return at 5.7% cap rate (assuming a $1.00 per sq ft lease rate).
This is a great commercial property for both sale and or Land lease, the owner is willing to break up the property for smaller land lease tenants or sale the entire property. This property is perfect for a gas station, fast food, retail, etc. The property sits on a high traffic corner in a great part of Sacramento.
Easy access from I 80 freeway. Approved plans are available. Ready to build on 2.47 acreage. Plans approved by city, all fees paid. Construction approved for 6000 soft buidable bldg. for office space and shop and 2 restrooms.There are 2 Engine BAY and 60 truck/trailer parking approved. 1 mile from main freeway. Cross St is Raleys blvd. and Main Ave.
The median home value in Sacramento, CA is $427,200. This is lower than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Sacramento, CA is $427,200. Approximately 47.71% of Sacramento homes are owned, compared to 47.44% rented, while 4.86% are vacant. Sacramento real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sacramento real estate agent to arrange a tour today!
Sacramento, California 95838 has a population of 518,605. Sacramento 95838 is less family-centric than the surrounding county with 26.13% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Sacramento, California 95838 is $71,074. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Sacramento 95838 is 35.2 years.
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 19.9 inches per year, with 0 inches of snow per year.