Fully Leased Mixed-Use
For Sale
Contact for pricing
3010 - 3020 Freeport Blvd, Sacramento, CA 95818
Retail suites and residential units line a visible commercial corridor.
Property Size4,900 SF
Lot Size0.22 Acres
Price / SF$255.10
Days on Market64
Property Features for 3010 - 3020 Freeport Blvd
General Information
Standard status
Active
Size
4,900 SF
Class
B
Total Parking Spaces
11
Lot size
0.22 Acres
Property subtype
Mixed Use
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$51,120
Site & Location
Traffic Count
18,000 vehicles/day
Road Access
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1954
Buildings
1
Units
5
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Sacramento
(916) 724-1326
Listed By:
Edward Nelson · License #CA 01452610
Source:
Crexi
Added: Jun 29
Changed: Aug 30
Last Checked: Aug 31 at 5:56AM
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 Marcus & Millichap - Sacramento
Investment Insights
Based on property information with market context.
This mixed-use property contains five units: three retail or commercial suites and two residential units. The approximately 4,900-square-foot building includes about 3,910 square feet of commercial space and 990 square feet of residential area. All units are currently leased, creating a combination of commercial and residential occupancy within one asset. Built in 1954, the property occupies two separate legal parcels totaling approximately 0.22 acres.
Positioned along Freeport Boulevard in Sacramento, the property has street frontage, visibility, and reported traffic exceeding 18,000 vehicles per day. C.K. McClatchy High School, Sacramento City College, and William Land Regional Park are identified nearby, while Downtown Sacramento is approximately 2.5 miles away. The surrounding corridor includes retail, dining, service businesses, and residential and multifamily properties. The address is 3010 - 3020 Freeport Blvd, Sacramento, CA 95818.
Positioned along Freeport Boulevard in Sacramento, the property has street frontage, visibility, and reported traffic exceeding 18,000 vehicles per day. C.K. McClatchy High School, Sacramento City College, and William Land Regional Park are identified nearby, while Downtown Sacramento is approximately 2.5 miles away. The surrounding corridor includes retail, dining, service businesses, and residential and multifamily properties. The address is 3010 - 3020 Freeport Blvd, Sacramento, CA 95818.
Key Highlights
- Five‑unit configuration with three retail/commercial suites and two residential units
- Approximately 4,900 square feet across the mixed‑use building
- Commercial area totals roughly 3,910 square feet; residential area totals 990 square feet
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
$75,995
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
6.08%
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%
$1,519,900
$1.5M
Cap Rate 7%
$1,085,643
$1.1M
Cap Rate 9%
$844,389
$844.4K
Market Conditions
NOI Build-Up for 4,900 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
$115.2K $23.52/SF
− Vacancy
−$6.7K −$1.36/SF
EGI
$108.6K $22.16/SF
− OpEx
−$32.6K −$6.65/SF
NOI
$76.0K $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%
$1,519,900
Cap Rate 7%
$1,085,643
Cap Rate 9%
$844,389
Alternative Uses
Best Use
Retail
$1.09M
$949.9K – $1.27M
NOI $75,995 @ 7.0% cap · market cap 6.08%
Second Best
Mixed Use
$966.0K
$845.3K – $1.13M
NOI $67,620 @ 7.0% cap · market cap 5.41%
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,169 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
18,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 89%
Shops & Services 11%
McDonald's
Dining
16,812 visits/mo
0.0 miles
The UPS Store
Shops & Services
2,278 visits/mo
0.1 miles
Round Table Pizza
Dining
2,118 visits/mo
0.0 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 - Retail suites and residential units line a visible commercial corridor.
Where is this mixed-use property located?
The property is located at 3010 - 3020 Freeport Blvd Sacramento, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Five‑unit configuration with three retail/commercial suites and two residential units; Approximately 4,900 square feet across the mixed‑use building; Commercial area totals roughly 3,910 square feet; residential area totals 990 square feet
