Two-Building Mixed-Use
For Sale
Contact for pricing
2733-2735 Riverside Blvd, Sacramento, CA 95818
Two standalone buildings offer flexible occupancy for retail, service, office, or creative commercial uses.
Property Size3,600 SF
Price / SF$194.44
Days on Market146
Property Features for 2733-2735 Riverside Blvd
General Information
Standard status
Active
Size
3,600 SF
Class
C
Property subtype
Mixed Use, Office, Retail
Investment Type
Owner/User
Additional Details
Road Access
Yes
Building Details
Buildings
2
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
Coldwell Banker Realty
Listed By:
Teresa Olson · License #01880615
Source:
Crexi
Added: Apr 7
Changed: Aug 30
Last Checked: Aug 30 at 5:50AM
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 mixed-use property includes two adjacent standalone buildings at 2733–2735 Riverside Blvd. Each structure measures approximately 1,500 square feet, and one includes an additional approximately 600-square-foot storage area, bringing the reported property size to 3,600 square feet. The buildings are well maintained and provide separate structures for an owner-user, re-tenanting, or multi-tenant configuration. One building is currently occupied by the seller’s dry-cleaning business, with the seller’s retirement creating a transition opportunity.
The property has frontage along Riverside Blvd and is located in Sacramento’s Land Park corridor near Curtis Park. Downtown Sacramento is minutes away, and the surrounding area includes residential neighborhoods and neighborhood-serving businesses. The site is suitable for boutique retail, café, wine bar, salon, wellness, professional office, or creative studio use, as identified for the property.
The property has frontage along Riverside Blvd and is located in Sacramento’s Land Park corridor near Curtis Park. Downtown Sacramento is minutes away, and the surrounding area includes residential neighborhoods and neighborhood-serving businesses. The site is suitable for boutique retail, café, wine bar, salon, wellness, professional office, or creative studio use, as identified for the property.
Key Highlights
- Two adjacent standalone buildings at 2733–2735 Riverside Blvd
- Reported total property size of 3,600 SF
- Each building measures approximately 1,500 SF
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
$55,833
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
7.98%
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%
$1,116,660
$1.1M
Cap Rate 7%
$797,614
$797.6K
Cap Rate 9%
$620,367
$620.4K
Market Conditions
NOI Build-Up for 3,600 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
$84.7K $23.52/SF
− Vacancy
−$4.9K −$1.36/SF
EGI
$79.8K $22.16/SF
− OpEx
−$23.9K −$6.65/SF
NOI
$55.8K $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%
$1,116,660
Cap Rate 7%
$797,614
Cap Rate 9%
$620,367
Alternative Uses
Best Use
Retail
$797.6K
$697.9K – $930.6K
NOI $55,833 @ 7.0% cap · market cap 7.98%
Second Best
Mixed Use
$709.7K
$621.0K – $828.0K
NOI $49,680 @ 7.0% cap · market cap 7.10%
Theoretical Best
Specialty Retail
$967.4K
$846.5K – $1.13M
NOI $67,716 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 93%
Shops & Services 7%
Target
Superstores
106,363 visits/mo
0.4 miles
Golden 1 Credit Union
Shops & Services
8,608 visits/mo
0.5 miles
Demographics for 95818, CA
22,375
Population
11,301
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,737
Density / Sq Mi
$120,509
Median Household Income
$72,803
Median Earnings
$1,650
Median Rent
$768,700
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two standalone buildings offer flexible occupancy for retail, service, office, or creative commercial uses.
Where is this mixed-use property located?
The property is located at 2733-2735 Riverside Blvd Sacramento, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two adjacent standalone buildings at 2733–2735 Riverside Blvd; Reported total property size of 3,600 SF; Each building measures approximately 1,500 SF
