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    3940 Norwood Avenue Sacramento, CA 95838

    Source: https://www.intero.com
    For Sale
    $2,900,000

    2.23 AC Great Commercial Property for Sale and or Land Lease

    Property size:
    97,139 SF

    Description

    Added:
    May 20, 2025
    Days on Market:
    204
    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.

    Property Features for 3940 Norwood Avenue

    General Information

    Property type
    Commercial land
    Square Feet
    97,139 SF
    Price / Square Foot
    $29
    Elevators
    N/A
    Lot Size
    97,139 SF
    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
    State
    California
    Longitude
    -118.755997
    Latitude
    36.7014631

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    FAQs

    What type of property is this?
    Commercial land - 2.23 AC Great Commercial Property for Sale and or Land Lease
    Where is this commercial land located?
    The property is located at 3940 Norwood Avenue Sacramento, CA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    (408) 461-0262
    Request Owner's contact information
    3940 Norwood Avenue 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 Avenue Sacramento, CA 95838
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