East Sacramento Corner Retail
For Sale
$1,895,000
3001 L Street, Sacramento, CA 95816
Retail space in East Sacramento with freeway access.
Property Size10,300 SF
Price / SF$183.98
Days on Market214
Property Features for 3001 L Street
General Information
Standard status
Active
Size
10,300 SF
Property subtype
Retail
Site & Location
Neighborhood
East Sacramento
Listing Agency:
CBRE | Sacramento
Listed By:
Chris Campbell · License #1204114
(916) 446-8760
Source:
Cbre
Added: Mar 25
Changed: Oct 23
Last Checked: Oct 23 at 4:51AM
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 CBRE | Sacramento
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on the corner of L and 30th Streets in East Sacramento, this retail space offers quick access to the Capital City Freeway. The property is in close proximity to the Sutter Health medical complex. The property size is 10300 square feet.
Key Highlights
- Located on the corner of L and 30th Streets in East Sacramento
- Quick access to Captial City Freeway
- Close proximity to Sutter Health medical complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,744
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,194,880
$3.2M
Cap Rate 7%
$2,282,057
$2.3M
Cap Rate 9%
$1,774,933
$1.8M
Market Conditions
NOI Build-Up for 10,300 SF
Gross rent
$242.3K $23.52/SF
− Vacancy
−$14.1K −$1.36/SF
EGI
$228.2K $22.16/SF
− OpEx
−$68.5K −$6.65/SF
NOI
$159.7K $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 Rate 5%
$3,194,880
Cap Rate 7%
$2,282,057
Cap Rate 9%
$1,774,933
Alternative Uses
Best Use
Retail
$2.28M
$2.00M – $2.66M
NOI $159,744 @ 7.0% cap · market cap 8.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.77M
$2.42M – $3.23M
NOI $193,743 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,515
Businesses Nearby
225k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 35%
Groceries 22%
Hotels & Casinos 3%
Safeway
Groceries
50,469 visits/mo
0.1 miles
McDonald's
Dining
32,775 visits/mo
0.1 miles
ARCO
Shops & Services
20,933 visits/mo
0.2 miles
Del Taco
Dining
16,425 visits/mo
0.0 miles
Shell
Shops & Services
11,184 visits/mo
0.3 miles
Demographics for 95816, CA
18,606
Population
11,553
Households
1.6
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
6,891
Density / Sq Mi
$90,521
Median Household Income
$61,407
Median Earnings
$1,647
Median Rent
$789,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in East Sacramento with freeway access.
Where is this retail space located?
The property is located at 3001 L Street Sacramento, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Located on the corner of L and 30th Streets in East Sacramento; Quick access to Captial City Freeway; Close proximity to Sutter Health medical complex
