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    Retail and Office Space Available Title is generated by Realmo AI

    2217-2223 10th St, Sacramento, CA

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    Retail and office space with development potential near major highways.

    Type:RETAIL
    Property size:
    7,644 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $255/SF
    Added:
    Apr 8, 2025
    Days on Market:
    427
    Last Refresh:
    May 20 at 8:18 pm

    Property Features for 2217-2223 10th St

    General Information

    Standard status
    Active
    Size
    7,644 SF
    Lot size
    0.19 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 2217-2223 10th St Contact us

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    Listing Contact
    Trevor Jackson
    Trevor Jackson

    Listing agent Trevor Jackson License #CA 01484908

    Listing office Colliers | Sacramento

    Listing date Apr 8, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Sacramento

    HighLights

    • 10th Street retail frontage
    • Three retail/restaurant units
    • Potential for residential development on the 2nd floor
    • 2nd floor offices available
    • Close proximity to Interstate 5, Highway 80, Highway 50, and Highway 99
    • Retail Rate: $2.25/SF, NNN; Office Rate: $1.25, MG

    Overview

    This property features retail frontage on 10th Street, comprising three retail or restaurant units. The second floor offers office space with potential for residential development. The property is located in close proximity to Interstate 5, Highway 80, Highway 50, and Highway 99. The property size is 7,644 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $179.8k $23.52
    − Vacancy −$10.4k −$1.36
    EGI $169.4k $22.16
    − OpEx −$50.8k −$6.65
    NOI $118.6k $15.51
    7,644 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.69M
    $1.48M – $1.98M (±1% cap)
    NOI $118,551 @ 7.0% cap · market cap 6.08%
    Second Best
    Office B
    $1.49M
    $1.30M – $1.74M (±1% cap)
    NOI $104,143 @ 7.0% cap · market cap 5.34%
    Theoretical Best
    Specialty Retail
    $2.05M
    $1.80M – $2.40M (±1% cap)
    NOI $143,784 @ 7.0% cap · market cap 7.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Law Firm Building Supply Daycare Center Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.499
    Latitude
    38.5661

    FAQs

    What type of property is this?
    Retail space - Retail and office space with development potential near major highways.
    Where is this retail space located?
    The property is located at 2217-2223 10th St Sacramento, CA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 10th Street retail frontage; Three retail/restaurant units; Potential for residential development on the 2nd floor
    (916) 929-5999 Call to check price and availability
    More about this property
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