Versatile Commercial/Industrial Property Near
4020 Florin Rd Sacramento, CA 95823
4020 Florin Rd, Sacramento, CA, 95823
$4,200,000
For Sale
$4,200,000
Expansive commercial/industrial property with flexible space and convenient access.
Property Size39,026 SF
Lot Size3.72 Acres
Price / SF$107.62
Days on Market89
Property Features for 4020 Florin Rd
General Information
- Standard status
- Active
- Size
- 39,026 SF
- Lot size
- 3.72 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1978
Listing Agency
COLDWELL BANKER REALTY
(925) 838-9999
Listed by
Jon Ahern · License #01169357
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 3:57 pm Checked: Jul 19 at 6:25 am
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This expansive commercial/industrial property offers approximately 39,026 square feet of building space situated on a 3.72-acre lot. The building features two dock-high loading positions, one grade-level roll-up door, and ample on-site parking. A newer roof adds long-term value. The property is zoned C-2, allowing for a wide range of commercial and industrial uses. Formerly operated as a drugstore and most recently used as a tile and flooring showroom, this property provides excellent functionality for distribution, showroom, or light industrial operations. Strategically located near Highway 99, the property offers convenient regional access for employees, customers, and logistics. The location has a bike score of 71, indicating it is very bikeable, a walk score of 80, indicating it is very walkable, and a transit score of 40, indicating some transit options are available.
Key Highlights
- Great Location on Major Hwy
- Rustic and Ready
- Various types of businesses will fit
Local Financial Insights For Industrial
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 | $374.6k | $9.60 |
| − Vacancy | −$22.1k | −$0.57 |
| EGI | $352.5k | $9.03 |
| − OpEx | −$105.8k | −$2.71 |
| NOI | $246.8k | $6.32 |
39,026 SF · lease $9.60/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$8.65M
$7.57M – $10.09M
NOI $605,258 @ 7.0% cap · market cap 14.41%
Second Best
Flex RnD
$7.28M
$6.37M – $8.49M
NOI $509,570 @ 7.0% cap · market cap 12.13%
Theoretical Best
Office A
$22.17M
$19.40M – $25.87M
NOI $1,551,907 @ 7.0% cap · market cap 36.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
higi
Physician
Krystin Huynh, PharmD
Pharmacy
Daitrang Tran, PharmD
Pharmacy
Kimthu Huynh
Pharmacy
New ABC Tile
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- Murillo's Tacos — 7218 Franklin Blvd, Sacramento, CA 95823
FAQs
What type of property is this?
Flex space - Expansive commercial/industrial property with flexible space and convenient access.
Where is this flex space located?
The property is located at 4020 Florin Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
