Fully Leased Retail
3033 Hurley Way Sacramento, CA 95864
New
3033 Hurley Way, Sacramento, CA, 95864
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For Sale
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Fully leased retail building on a corner lot at Hurley Way and Morse Ave, zoned SC for shopping center uses.
Property Size10,220 SF
Price / SF$273.97
Days on Market7
Property Features for 3033 Hurley Way
General Information
- Standard status
- Active
- Size
- 10,220 SF
- Property subtype
- Retail
Listing Agency
Mueller Commercial
Listed by
Daniel Mueller · License #CA
Source
Crexi
Added: Jul 11 Checked: Jul 15 at 1:57 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 Mueller Commercial
Investment Insights
Based on property information with market context.
This fully leased commercial retail building is located at the northwesterly corner of Hurley Way and Morse Ave in Sacramento, California. The property is positioned in a shopping-center zone (SC) and supports a range of light commercial uses.
Per the posted zoning description, SC allows retail and professional office space, as well as the sale of commodities or performance of services, including repair facilities and offices. The zone also references grocery stores, apartments, and potential mixed-use development.
The building is approximately 2.15 miles north of US 50 and about 2.80 miles east of Interstate 80, providing convenient access within the surrounding commercial area.
Per the posted zoning description, SC allows retail and professional office space, as well as the sale of commodities or performance of services, including repair facilities and offices. The zone also references grocery stores, apartments, and potential mixed-use development.
The building is approximately 2.15 miles north of US 50 and about 2.80 miles east of Interstate 80, providing convenient access within the surrounding commercial area.
Key Highlights
- Fully leased commercial retail building on the corner of Hurley Way and Morse Ave
- Zoned SC – Shopping Center (light commercial) allowing retail and professional office use
- SC zoning also allows sale of commodities and performance of services, including repair facilities and grocery stores
Local Financial Insights For Retail
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 | $240.4k | $23.52 |
| − Vacancy | −$13.9k | −$1.36 |
| EGI | $226.4k | $22.16 |
| − OpEx | −$67.9k | −$6.65 |
| NOI | $158.5k | $15.51 |
10,220 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.26M
$1.98M – $2.64M
NOI $158,503 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.75M
$2.40M – $3.20M
NOI $192,238 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sindbad Market & Bakery ...
Grocery & Convenience Store
Price Cutter Market
Grocery & Convenience Store
Sinbad Market & Bakery
Restaurant
Upper Echelon Event ...
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Fully leased retail building on a corner lot at Hurley Way and Morse Ave, zoned SC for shopping center uses.
Where is this retail space located?
The property is located at 3033 Hurley Way Sacramento, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Fully leased commercial retail building on the corner of Hurley Way and Morse Ave; Zoned SC – Shopping Center (light commercial) allowing retail and professional office use; SC zoning also allows sale of commodities and performance of services, including repair facilities and grocery stores
