Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3701 Martin Luther King Jr Blvd Sacramento, CA 95820

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $175,000

    Near quarter-acre parcel ideal for builders, investors, and developers.

    Lot size:
    0.24 Acres

    Property Features for 3701 Martin Luther King Jr Blvd

    General Information

    Lot size
    0.24 Acres

    We can help!

    Listing Contact
    Samuel Allen
    Source: Kw

    Listing Agency: Grounded R.E. Listing Agent: Samuel Allen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Developable Lot on Martin Luther

    This near quarter-acre parcel is located at 3701 Martin Luther King Jr Blvd in Oak Park. The level, developable lot offers excellent visibility and flexible C-1 zoning, allowing up to 30 dwelling units per net acre. The site is positioned to support a wide range of future plans, including mixed-use, multifamily, or small commercial concepts. The property is being sold as is, and the seller reports the site is presumed environmentally clean. The location benefits from strong traffic counts, close proximity to UC Davis Medical Center and Stockton Blvd improvements, neighborhood services, and easy access to major corridors. This lot is suitable for builders, investors, and developers looking for their next project in Sacramento.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4644851
    Latitude
    38.5409592

    Nearby Similar for Sale

    • $689,000
      2,084 SF

      Historic Midtown Sacramento Duplex

      Charming 1918 duplex in vibrant Midtown, ideal for homeowners/investors.
      1922 25Th St, Sacramento, CA 95816
      View Details
    • $850,000
      2,555 SF

      Historic Victorian Office Building

      Historic Sacramento office building, potential for residence or multifamily conversion.
      2200 L St, Sacramento, CA 95816
      View Details
    • $889,000

      Renovated Duplex in Sacramento, CA

      Updated duplex with immediate rental income potential in Sacramento.
      5408/5412 Folsom Blvd, Sacramento, CA 95819
      View Details
    • $739,888
      2,782 SF

      Sacramento Multifamily Property with Amenities

      Multifamily property featuring multiple units, kitchens, and laundry facilities.
      3135 Academy Way, Sacramento, CA 95815
      View Details
    • $165,000
      329 SF

      Downtown Sacramento Ground-Floor Office Condo

      Rare ground-floor office condo in Downtown Sacramento with private parking.
      500 N St, Sacramento, CA 95814
      View Details
    • $875,000
      3,008 SF

      North Oak Park Fourplex Opportunity

      Fourplex in North Oak Park, Sacramento, with strong rental potential.
      3208 2Nd Ave, Sacramento, CA 95817
      View Details
    • $8,736,667

      Gas Station & Laredo Taco

      New gas station and restaurant in Sacramento commuter corridor.
      3311 West El Camino Ave, Sacramento, CA 95821
      View Details
    • $2,000,000
      10,000 SF

      Sacramento Retail/Office Strip Center

      Retail/office strip center on Arden Way in Sacramento.
      2344 Arden Way, Sacramento, CA 95825
      View Details
    • $4,132,000
      2,279 SF

      New Starbucks Net Lease Property

      New construction Starbucks with drive-thru and outdoor patio for sale.
      8300 Elk Grove Florin Rd, Sacramento, CA 95829
      View Details
    • Contact for pricing
      20,000 SF

      Medical/Dental Office Focused Complex

      Well-maintained 20,000 SF medical/dental office complex for sale.
      1355 Florin Rd, Sacramento, CA 95822
      View Details
    • $219,999
      1,000 SF

      Resort-Style Condo in Arden-Arcade

      Charming 2-bed, 1-bath condo with resort-style amenities in Sacramento.
      1039 Fulton Ave, Sacramento, CA 95825
      View Details
    • $4,400,000
      42,467 SF

      Sacramento Shopping Center For Sale

      42,467 SF shopping center on 2.76 AC lot.
      410 El Camino Ave, Sacramento, CA 95815
      View Details

    FAQs

    What type of property is this?
    Land - Near quarter-acre parcel ideal for builders, investors, and developers.
    Where is this land located?
    The property is located at 3701 Martin Luther King Jr Blvd Sacramento, CA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Excellent infill opportunity in Oak Park on a near quarter-acre level, developable lot.; - Flexible C-1 zoning allows up to 30 dwelling units per net acre, supporting mixed-use, multifamily, or small commercial concepts.; - Strong traffic counts and excellent visibility on Martin Luther King Jr Blvd.
    Request Owner's contact information
    3701 Martin Luther King Jr Blvd Sacramento, CA 95820
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3701 Martin Luther King Jr Blvd
    Sacramento, CA 95820
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3701 Martin Luther King Jr Blvd Sacramento, CA 95820
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Samuel Allen
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.