Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4705 Manzanita Ave Carmichael, CA 95608

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.72 SF/Yr

    Retail spaces available from 565 to 2,530 SF.

    Property size:
    2,530 SF
    Lot size:
    0.65 Acres

    Property Features for 4705 Manzanita Ave

    General Information

    Size
    2,530 SF
    Lot size
    0.65 Acres

    We can help!

    Listing Contact
    Travis Monson
    Source: Moodyscre

    Listing Agent: Travis Monson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Carmichael Retail Space For Rent

    Retail spaces ranging from 565 to 2,530 square feet are available for rent. The rental rate is between $1.72 and $1.82 per square foot on a modified gross lease. Lease terms are negotiable. The property is located in Carmichael, California.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmichael
    County
    Sacramento
    State
    California
    Longitude
    -121.327748
    Latitude
    38.649188

    Nearby Similar for Lease

    • $0.95 SF/Yr
      1,350 SF

      Carmichael Retail Space For Lease

      Retail and service space in a busy shopping center.
      4949 Marconi Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing
      52,778 SF

      Carmichael Medical Office Building

      Prime Medical Office Space Available in Carmichael, CA
      6620 Coyle Ave, Carmichael, CA 95608
      View Details
    • $2 SF/Yr
      1,104 SF

      Freestanding Restaurant Space Available

      Former restaurant space for lease with tenant improvement allowance.
      2834 Walnut Ave, Carmichael, CA 95608
      View Details
    • $16 SF/Yr
      8,680 SF

      Fair Oaks Blvd Retail Space

      800 SF Retail/Office Suite Available
      5925 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $17 SF/Yr
      8,361 SF

      Carmichael Retail Center Opportunity

      High-traffic location, multiple spaces available.
      9045 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $9 SF/Yr
      70,000 SF

      Carmichael Oaks Retail Center

      Prime Carmichael retail space, 30,000 SF available.
      6408 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $13 SF/Yr
      7,244 SF

      Carmichael Retail Center - Fair Oaks Blvd

      Prime Carmichael Retail Space Available
      7630 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $1.50 SF/Yr
      900 SF

      Retail Space Near Rayley's

      Retail space adjacent to Rayley's with turn-key delivery conditions.
      1828 Walnut Ave, Carmichael, CA 95608
      View Details
    • $2 SF/Yr
      151,186 SF

      Crestview Village Shopping Center

      Carmichael Retail Center - High Visibility
      4006 Manzanita Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing
      30,302 SF

      Carmichael Retail Center Opportunity

      High-profile retail space available in Carmichael, CA.
      7241 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $21 SF/Yr
      30,983 SF

      Carmichael Retail Center Opportunity

      Prime retail space, high visibility, strong anchors.
      4141 Manzanita Ave, Carmichael, CA 95608
      View Details
    • $10 SF/Yr
      15,199 SF

      Carmichael Warehouse Space Available

      Large warehouse space for lease in Carmichael, CA
      4044-4046 Wayside Ln, Carmichael, CA 95608
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces available from 565 to 2,530 SF.
    Where is this retail space located?
    The property is located at 4705 Manzanita Ave Carmichael, CA.
    What is the lease rate?
    The lease rate is $1.72 SF/Yr.
    What are key features of this property?
    This property features: - Retail spaces available, ranging from 565 SF to 2,530 SF.; - Price range of $1.72 – $1.82 per SF, MG.; - Term is negotiable.
    (916) 929-2000
    Request Owner's contact information
    4705 Manzanita Ave Carmichael, CA 95608
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4705 Manzanita Ave
    Carmichael, CA 95608
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4705 Manzanita Ave Carmichael, CA 95608
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Travis Monson
    (916) 929-2000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.