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    Sacramento Retail Building on MLK Title is generated by Realmo AI

    3308-3324 Martin Luther King Jr Blvd, Sacramento, CA

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    Retail building in Oak Park with high traffic volume.

    Type:RETAIL
    Property size:
    5,000 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $244/SF
    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

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    Listing Contact
    Daniel Mueller
    Daniel Mueller

    Listing agent Daniel Mueller

    Listing office Century 21 - Mueller Commercial | Sacramento

    Listing date Jun 4, 2025

    Source Moodyscre

    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

    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

    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.

    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
    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 (±1% cap)
    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 (±1% cap)
    NOI $94,050 @ 7.0% cap · market cap 7.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.465
    Latitude
    38.5444

    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.
    (916) 704-9341 Call to check price and availability
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