Versatile Commercial/Industrial Property Near
4020 Florin Rd Sacramento, CA 95823
For Sale
$4,200,000
Expansive commercial/industrial property with flexible space and convenient access.
Property Size39,026 SF
Lot Size3.72 Acres
Price / SF$107.62
Days on Market97
Property Features for 4020 Florin Rd
General Information
Standard status
Active
Size
39,026 SF
Lot size
3.72 Acres
Property subtype
Commercial
Building Details
Year Built
1978
Listing Agency:
Coldwell Banker Realty
(925) 838-9999
Listed By:
Jon Ahern · License #01169357
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 10:05AM
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
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 For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $374.6k | $9.60 |
| − Vacancy | −$22.1k | −$0.57 |
| EGI | $352.5k | $9.03 |
| − OpEx | −$105.8k | −$2.71 |
| NOI | $246.8k | $6.32 |
39,026 SF · lease $9.60/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$8.65M
$7.57M – $10.09M
NOI $605,258 @ 7.0% cap · market cap 14.41%
Second Best
Flex RnD
$7.28M
$6.37M – $8.49M
NOI $509,570 @ 7.0% cap · market cap 12.13%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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
