3308-3324 Martin Luther King Jr Blvd, Sacramento, CA
Retail building in Oak Park with high traffic volume.
- Added:
- Jun 4, 2025
- Days on Market:
- 372
- Last Refresh:
- May 20 at 8:14 pm
Property Features for 3308-3324 Martin Luther King Jr Blvd
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.22 Acres
- Property subtype
- RETAIL
Listing agent Daniel Mueller
Listing office Century 21 - Mueller Commercial | Sacramento (916) 704-9341
Listing date Jun 4, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Century 21 - Mueller Commercial | Sacramento
HighLights
- Four‑unit retail building in Sacramento's Oak Park neighborhood with high traffic volume.
- Zoned C‑1, offering a premier retail investment opportunity with potential upside.
- +\/- 5,000 sqft building on +\/- 0.33 AC of commercially zoned land.
- Convenient access to Hwy 99 and I‑5.
- Located on MLK Blvd in an area with shopping, dining, housing, and education.
- Offered at $250.00 per sqft, totaling $1,250,000.
Overview
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 | $117.6k | $23.52 |
| − Vacancy | −$6.8k | −$1.36 |
| EGI | $110.8k | $22.16 |
| − OpEx | −$33.2k | −$6.65 |
| NOI | $77.5k | $15.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.465
- Latitude
- 38.5444