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    3940 Norwood Ave Sacramento, CA 95838

    Sponsored
    For Sale
    $2,900,000

    Commercial Lots & Land - SACRAMENTO, CA

    Lot size:
    2.23 Acres
    Days on Market:
    76
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 3940 Norwood Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    M-1-PU
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    2.23 Acres

    Building Details

    Architectural style
    Other

    Intero Real Estate Services, Inc. (866) 334-7356 [email protected]

    Listing agent Daniel Gluhaich (408) 778-7474 License #00963076

    Listing date Oct 22, 2025

    MLS# ML81934033 Listing URL

    Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Sacramento

    This commercial property, totaling 2.23 acres, is available for sale or land lease. The owner is open to dividing the property for smaller land lease tenants or selling the entire parcel. Situated on a high-traffic corner in Sacramento, the property is suitable for various commercial uses, including a gas station, fast food establishment, or retail space. The zoning is M-1-PU.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4561638
    Latitude
    38.6390918

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    FAQs

    What type of property is this?
    Commercial land - 2.23 acre commercial land for sale or land lease.
    Where is this commercial land located?
    The property is located at 3940 Norwood Ave Sacramento, CA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - High traffic corner location; - Suitable for gas station, fast food, retail; - Land lease option available
    (408) 461-0262
    Request Owner's contact information
    3940 Norwood Ave Sacramento, CA 95838
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    Sacramento, CA 95838
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3940 Norwood Ave Sacramento, CA 95838
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