Sacramento Retail Building on
For Sale
Contact for pricing
3308-3324 Martin Luther King Jr Blvd, Sacramento, CA
Retail building in Oak Park with high traffic volume.
Property Size5,000 SF
Lot Size0.22 Acres
Price / SF$244
Days on Market515
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
Site & Location
Neighborhood
Central Oak Park
Listing Agency:
Century 21 - Mueller Commercial | Sacramento
(916) 704-9341
Listed By:
John Cardoza
(916) 228-1970
Source:
Moodyscre
Added: Jun 4, 2025
Changed: Oct 26
Last Checked: Oct 30 at 3:31PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$77,545
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,550,900
$1.6M
Cap Rate 7%
$1,107,786
$1.1M
Cap Rate 9%
$861,611
$861.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$117.6K $23.52/SF
− Vacancy
−$6.8K −$1.36/SF
EGI
$110.8K $22.16/SF
− OpEx
−$33.2K −$6.65/SF
NOI
$77.5K $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 Rate 5%
$1,550,900
Cap Rate 7%
$1,107,786
Cap Rate 9%
$861,611
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,411
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
U.S. Bank
Shops & Services
4,078 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Sacramento, CA
Frequently Asked Questions
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.
