Versatile Commercial/Industrial Property Near
For Sale
$4,200,000
4020 Florin Rd, Sacramento, CA 95823
Expansive commercial/industrial property with flexible space and convenient access.
Property Size39,026 SF
Lot Size3.72 Acres
Price / SF$107.62
Days on Market259
Property Features for 4020 Florin Rd
General Information
Standard status
Active
Size
39,026 SF
Lot size
3.72 Acres
Property subtype
Commercial/Industrial
Site & Location
Neighborhood
Parkway
Building Details
Year Built
1978
Listing Agency:
Coldwell Banker Realty
(925) 837-4100
Listed By:
Jon Ahern · License #01169357
(925) 838-9999
Source:
Exitrealty
Added: Feb 13
Changed: Oct 26
Last Checked: Oct 20 at 6:17PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This expansive commercial/industrial property offers approximately 39,026 square feet of building space situated on a 3.72-acre lot. The building features two dock-high loading positions, one grade-level roll-up door, and ample on-site parking. A newer roof adds long-term value. The property is zoned C-2, allowing for a wide range of commercial and industrial uses. Formerly operated as a drugstore and most recently used as a tile and flooring showroom, this property provides excellent functionality for distribution, showroom, or light industrial operations. Strategically located near Highway 99, the property offers convenient regional access for employees, customers, and logistics. The location has a bike score of 71, indicating it is very bikeable, a walk score of 80, indicating it is very walkable, and a transit score of 40, indicating some transit options are available.
Key Highlights
- Great Location on Major Hwy
- Rustic and Ready
- Various types of businesses will fit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$246,782
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,935,640
$4.9M
Cap Rate 7%
$3,525,457
$3.5M
Cap Rate 9%
$2,742,022
$2.7M
Market Conditions
NOI Build-Up for 39,026 SF
Gross rent
$374.6K $9.60/SF
− Vacancy
−$22.1K −$0.57/SF
EGI
$352.5K $9.03/SF
− OpEx
−$105.8K −$2.71/SF
NOI
$246.8K $6.32/SF
Area
ZIP 95823
Vacancy
5.90%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,935,640
Cap Rate 7%
$3,525,457
Cap Rate 9%
$2,742,022
Alternative Uses
Best Use
Flex RnD
$7.28M
$6.37M – $8.49M
NOI $509,570 @ 7.0% cap · market cap 12.13%
Second Best
Industrial
$3.53M
$3.08M – $4.11M
NOI $246,782 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$22.17M
$19.40M – $25.87M
NOI $1,551,907 @ 7.0% cap · market cap 36.95%
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
884
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 95823, CA
81,212
Population
25,465
Households
3.2
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
11.5 sq mi
ZIP Area
7,062
Density / Sq Mi
$63,701
Median Household Income
$34,582
Median Earnings
$1,533
Median Rent
$372,100
Median Home Value
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Market
Vacancy Rate% for Industrial in Sacramento, CA
Similar Off Market Nearby
- Murillo's Tacos — 7218 Franklin Blvd, Sacramento, CA 95823
Frequently Asked Questions
What type of property is this?
Flex space - Expansive commercial/industrial property with flexible space and convenient access.
Where is this flex space located?
The property is located at 4020 Florin Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
