Sacramento Retail Property for
For Sale
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910-912 Grand Ave, Sacramento, CA
Retail property in Sacramento's Del Paso Heights neighborhood.
Property Size3,724 SF
Lot Size0.16 Acres
Price / SF$187.96
Days on Market895
Property Features for 910-912 Grand Ave
General Information
Standard status
Active
Size
3,724 SF
Lot size
0.16 Acres
Property subtype
RETAIL
Listing Agency:
Century 21 - Mueller Commercial | Sacramento
(916) 704-9341
Listed By:
Cameron Freelove
(916) 613-3899
Source:
Moodyscre
Added: Mar 28, 2024
Changed: Aug 13
Last Checked: Sep 8 at 11:05AM
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 Century 21 - Mueller Commercial | Sacramento
Investment Insights
Based on property information with market context.
Located in Sacramento's Del Paso Heights neighborhood, this retail property offers 3,724 square feet of space. The area benefits from community organizations focused on enhancing resident quality of life through initiatives in education, economic development, public safety, and community engagement. Ongoing revitalization efforts aim to attract businesses and improve economic opportunities. The neighborhood is served by several public and private schools. Transportation options are readily available, connecting Del Paso Heights to other parts of Sacramento via roadways and public transportation. Housing options include a mix of single-family homes, apartments, and rental properties. Community policing and neighborhood watch programs address safety concerns.
Key Highlights
- Well‑connected to other parts of Sacramento via roadways and public transportation.
- Mix of housing options including single‑family homes, apartments and rental properties.
- Several public and private schools serving the local community.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,756
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,155,120
$1.2M
Cap Rate 7%
$825,086
$825.1K
Cap Rate 9%
$641,733
$641.7K
Market Conditions
NOI Build-Up for 3,724 SF
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.
Gross rent
$87.6K $23.52/SF
− Vacancy
−$5.1K −$1.36/SF
EGI
$82.5K $22.16/SF
− OpEx
−$24.8K −$6.65/SF
NOI
$57.8K $15.51/SF
Area
Sacramento, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,155,120
Cap Rate 7%
$825,086
Cap Rate 9%
$641,733
Alternative Uses
Best Use
Retail
$825.1K
$722.0K – $962.6K
NOI $57,756 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.00M
$875.6K – $1.17M
NOI $70,048 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Home Improvements & Furnishings 19%
Pape Kenworth
Shops & Services
2,778 visits/mo
0.3 miles
United Rentals
Home Improvements & Furnishings
640 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Retail property in Sacramento's Del Paso Heights neighborhood.
Where is this retail property located?
The property is located at 910-912 Grand Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $699,950.
What are key features of this property?
This property features: Well‑connected to other parts of Sacramento via roadways and public transportation.; Mix of housing options including single‑family homes, apartments and rental properties.; Several public and private schools serving the local community.
