Sacramento Retail Building on
3308-3324 Martin Luther King Jr Blvd Sacramento, CA
For Sale
Contact for pricing
Retail building in Oak Park with high traffic volume.
Property Size5,000 SF
Lot Size0.22 Acres
Price / SF$244
Days on Market419
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 Agency:
Century 21 - Mueller Commercial | Sacramento
(916) 704-9341
Listed By:
Daniel Mueller
Source:
Moodyscre
Added: Jun 4, 2025
Changed: Jul 10
Last Checked: Jul 21 at 5:46AM
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 Century 21 - Mueller Commercial | Sacramento
Investment Insights
Based on property information with market context.
This retail building offers an opportunity to acquire a retail investment. The building has approximately 5,000 square feet and sits on approximately 0.33 acres. It is located on Martin Luther King Jr Boulevard in Sacramento, California. The property is zoned C-1. The surrounding area features a mix of shopping, dining, housing, and education, with convenient access to Highway 99 and I-5. This four-unit retail building with a lot is located in the Oak Park neighborhood of Sacramento and experiences high traffic volumes.
Key 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.
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 |
5,000 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.11M
$969.3K – $1.29M
NOI $77,545 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.34M
$1.18M – $1.57M
NOI $94,050 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Retail building in Oak Park with high traffic volume.
Where is this retail space located?
The property is located at 3308-3324 Martin Luther King Jr Blvd Sacramento, CA.
What is the asking price?
The asking price for this property is $1,220,000.
What are key features of this property?
This property features: 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.
