Industrial Building with Fenced
For Sale
Contact for pricing
3850 Happy Lane, Sacramento, CA 95827
M-1-zoned industrial property with three-phase power and a paved, secured yard.
Property Size23,400 SF
Price / SF$210
Days on Market107
Property Features for 3850 Happy Lane
General Information
Standard status
Active
Size
23,400 SF
Class
B
Property subtype
Retail, Industrial
Zoning
M-1
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Three-Phase Power
Yes
Building Details
Year Built
1991
Construction
tilt-up concrete
Listing Agency:
JLL - Sacramento, California
Listed By:
RJ JIMENEZ · License #02248675
(904) 597-9341
Source:
Crexi
Added: Jul 2
Changed: Oct 14
Last Checked: Oct 16 at 9:36AM
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 JLL - Sacramento, California
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Investment Insights
Based on property information with market context.
This industrial property offers 23,400 square feet in a concrete tilt-up building constructed in 1991. The improvements include three-phase power and are supported by a large fenced and paved yard, providing a defined outdoor area for industrial operations, storage, or circulation.
The property is located at 3850 Happy Lane in Sacramento, adjacent to the Happy Lane Business Park. It is less than 2 miles south of Highway 50 at the Bradshaw Road exit, providing a documented connection to a regional highway route.
The property is located at 3850 Happy Lane in Sacramento, adjacent to the Happy Lane Business Park. It is less than 2 miles south of Highway 50 at the Bradshaw Road exit, providing a documented connection to a regional highway route.
Key Highlights
- 23,400‑square‑foot industrial building
- Concrete tilt‑up construction completed in 1991
- Three‑phase power service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$179,678
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,593,560
$3.6M
Cap Rate 7%
$2,566,829
$2.6M
Cap Rate 9%
$1,996,422
$2.0M
Market Conditions
NOI Build-Up for 23,400 SF
Gross rent
$224.6K $9.60/SF
− Vacancy
−$13.3K −$0.57/SF
EGI
$211.4K $9.03/SF
− OpEx
−$31.7K −$1.36/SF
NOI
$179.7K $7.68/SF
Area
Sacramento, CA
Vacancy
5.90%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,593,560
Cap Rate 7%
$2,566,829
Cap Rate 9%
$1,996,422
Alternative Uses
Best Use
Warehouse
$2.57M
$2.25M – $2.99M
NOI $179,678 @ 7.0% cap · market cap 3.66%
Second Best
Industrial
$2.54M
$2.22M – $2.96M
NOI $177,602 @ 7.0% cap · market cap 3.61%
Theoretical Best
Specialty Retail
$6.29M
$5.50M – $7.34M
NOI $440,154 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 95827, CA
21,566
Population
7,922
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
2,423
Density / Sq Mi
$82,382
Median Household Income
$42,331
Median Earnings
$1,790
Median Rent
$419,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Industrial property - M-1-zoned industrial property with three-phase power and a paved, secured yard.
Where is this industrial property located?
The property is located at 3850 Happy Lane Sacramento, CA.
What is the asking price?
The asking price for this property is $4,914,000.
What are key features of this property?
This property features: 23,400‑square‑foot industrial building; Concrete tilt‑up construction completed in 1991; Three‑phase power service
