Corner Storefront
For Sale
$335,000
3637 Marconi Ave, Sacramento, CA 95821
Standalone commercial space with flexible interior layout, parking, climate control, and access from both the front and rear.
Property Size1,097 SF
Price / SF$305.38
Days on Market22
Property Features for 3637 Marconi Ave
General Information
Standard status
Active
Size
1,097 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Road Access
Yes
Amenities
central heating and air conditioning
kitchenette
washer and dryer hookups
front and rear access
Building Details
Year Built
1953
Listing Agency:
HomeSmart ICARE Realty
(916) 608-0888
Listed By:
Joyce Lin · License #01723270
Source:
Homesofgreatersacramento
Added: Aug 10
Changed: Aug 31
Last Checked: Aug 31 at 5:47PM
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 HomeSmart ICARE Realty
Investment Insights
Based on property information with market context.
Built in 1953, this standalone storefront property occupies a corner setting in Sacramento. The interior is arranged around an open floor plan that can support a range of commercial configurations, with central heating and air conditioning for year-round climate control.
The property includes a kitchenette, washer and dryer hookups, and entry points at the front and rear. Ample on-site parking and street exposure add practical convenience for daily operations. The address is 3637 Marconi Avenue, Sacramento, CA 95821.
The property includes a kitchenette, washer and dryer hookups, and entry points at the front and rear. Ample on-site parking and street exposure add practical convenience for daily operations. The address is 3637 Marconi Avenue, Sacramento, CA 95821.
Key Highlights
- Standalone corner commercial property at 3637 Marconi Avenue, Sacramento, CA 95821
- Open floor plan with flexible commercial configuration
- Central heating and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,013
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$340,260
$340.3K
Cap Rate 7%
$243,043
$243.0K
Cap Rate 9%
$189,033
$189.0K
Market Conditions
NOI Build-Up for 1,097 SF
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.
Gross rent
$25.8K $23.52/SF
− Vacancy
−$1.5K −$1.36/SF
EGI
$24.3K $22.16/SF
− OpEx
−$7.3K −$6.65/SF
NOI
$17.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$340,260
Cap Rate 7%
$243,043
Cap Rate 9%
$189,033
Alternative Uses
Best Use
Retail
$243.0K
$212.7K – $283.6K
NOI $17,013 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$294.8K
$257.9K – $343.9K
NOI $20,635 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
949
Businesses Nearby
107k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 33%
Dining 31%
Shops & Services 24%
Apparel 11%
Raley's
Groceries
35,606 visits/mo
0.2 miles
Dollar Tree
Shops & Services
21,284 visits/mo
0.5 miles
Jack in the Box
Dining
13,950 visits/mo
0.3 miles
Goodwill
Apparel
12,104 visits/mo
0.5 miles
Wendy's
Dining
11,322 visits/mo
0.4 miles
Demographics for 95821, CA
39,310
Population
16,403
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
5,537
Density / Sq Mi
$58,331
Median Household Income
$41,630
Median Earnings
$1,342
Median Rent
$470,900
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Standalone commercial space with flexible interior layout, parking, climate control, and access from both the front and rear.
Where is this storefront property located?
The property is located at 3637 Marconi Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Standalone corner commercial property at 3637 Marconi Avenue, Sacramento, CA 95821; Open floor plan with flexible commercial configuration; Central heating and air conditioning
