Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4518 Martin Luther King Jr Boulevard Sacramento, CA 95820

    View on Map
    Sponsored
    Source: https://www.intero.com
    For Sale
    $569,888

    Commercial Corner Lot with Excellent Exposure on a Busy Street

    Property size:
    984 SF

    Property Features for 4518 Martin Luther King Jr Boulevard

    General Information

    Property type
    Individual retail properties
    Square Feet
    984 SF
    Price / Square Foot
    $579
    Elevators
    N/A
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1954
    Buildings
    1
    Stories
    1

    Overview

    Commercial Corner Lot on Busy Street

    Located off Highway 99 at 4518 Martin Luther King Jr Boulevard in Sacramento, California, this commercial corner lot offers excellent exposure on a busy street, ensuring high foot and vehicle traffic. The property, with a size of 984 units and a lot size of 0.21 acres, is currently used as a retail space and is divided into two sections. One section is utilized for a sign business, while the other was recently operated as a barbershop. The versatile layout is well-suited for various uses, including small retail shops, auto repair or sales businesses, or an auto dealership. The lot also presents an opportunity for redevelopment into a multifamily residential building, taking advantage of the area's growth potential.

    We can help!

    Listing Contact
    Intero Headquarters

    Learn more

    Property Insight Report
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Signs by Tran (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    State
    California
    Longitude
    -118.755997
    Latitude
    36.7014631

    Nearby Comparable

    • $1,195,000
      4,230 SF

      Quadruplex With Upside Potential

      Quadruplex With Upside Potential
      3014 W 12th St, Los Angeles, CA 90006
      View Details
    • $730,000
      1,792 SF

      Converted Residence Now Used as an Office Building

      Converted Residence Now Used as an Office Building
      1823 11th Street, Sacramento, CA 95811
      View Details
    • $725,000
      3,920 SF

      Well Maintained Four Suite Commercial Building For Sale

      Well Maintained Four Suite Commercial Building For Sale
      4204 Martin Luther King Jr. Blvd., Sacramento, CA 95820
      View Details
    • $1,750,000
      9,000 SF

      Endless Possibilities for Large Commercial Building

      Endless Possibilities for Large Commercial Building
      7245 E Southgate Drive, Sacramento, CA 95823
      View Details
    • $1,049,000
      9,862 SF

      10,000 SF Versatile Commercial Building For Sale

      10,000 SF Versatile Commercial Building For Sale
      910 2Nd St, Sacramento, CA 95814
      View Details
    • $850,000
      5,080 SF

      Commercial Mixed-Use For Sale

      Commercial Mixed-Use For Sale
      3840 Stockton Boulevard, Sacramento, CA 95820
      View Details
    • $1,450,000
      2,400 SF

      2400 SF Great Opportunity for Restaurant or Other Business

      2400 SF Great Opportunity for Restaurant or Other Business
      7223 55th Street, Sacramento, CA 95823
      View Details
    • $1,100,000
      4,400 SF

      Auto Repair Facility with Extra Land

      Auto Repair Facility with Extra Land
      2626 E 125th St, Compton, CA 90222
      View Details
    • $873,000
      30,500.00 Acres

      Multi-Use East Los Angeles Land

      Multi-Use East Los Angeles Land
      200 S Sunol Dr, Los Angeles, CA 90063
      View Details
    • $399,000
      1,460 SF

      Modern Office Condominium For Sale

      Modern Office Condominium For Sale
      947 Enterprise Drive #I, Sacramento, CA 95825
      View Details

    Nearby Similar for Sale

    • $739,888
      2,782 SF

      Sacramento Multi-Family Investment Opportunity

      Multi-family property with 6 bedrooms, 3 baths, and 3 kitchens.
      3135 Academy Way, Sacramento, CA 95815
      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
    • $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
    • $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
    • New
      $999,900
      1,813 SF

      Two Homes on One Lot

      Two renovated homes on one lot in Elmhurst neighborhood.
      1839 42Nd St, Sacramento, CA 95819
      View Details
    • $645,000
      2,084 SF

      Historic Midtown Sacramento Duplex

      Charming 1918 duplex in vibrant Midtown Sacramento.
      1922 25Th St, Sacramento, CA 95816
      View Details
    • $600,000

      Mixed-Use Office/Art Studio Building

      Mixed-use office/art studio building in Sacramento, California.
      4330 24Th St, Sacramento, CA 95822
      View Details
    • $1,699,900
      11,864 SF

      Mixed-Use Development Opportunity

      Mixed-use building primed for development in Sacramento, CA.
      2326 Del Paso Blvd, Sacramento, CA 95815
      View Details
    • $1,600,000

      Mixed-Use Building in Sacramento

      Mixed-use office/light manufacturing building in Sacramento for sale.
      4331 Attawa Ave, Sacramento, CA 95822
      View Details
    • $699,000

      Multifamily Property in North Sacramento

      Six bedrooms, three baths, three kitchens, and three laundry facilities.
      3135 Academy Way, Sacramento, CA 95815
      View Details
    • $490,000

      Commercial Building on Stockton Boulevard

      Commercial building with business potential in Sacramento, CA.
      6001 Stockton Blvd, Sacramento, CA 95824
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Commercial Corner Lot with Excellent Exposure on a Busy Street
    Where is this individual retail property located?
    The property is located at 4518 Martin Luther King Jr Boulevard Sacramento, CA.
    What is the asking price?
    The asking price for this property is $569,888.
    (408) 342-8696
    Request Owner's contact information
    4518 Martin Luther King Jr Boulevard 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.
    4518 Martin Luther King Jr Boulevard
    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
    4518 Martin Luther King Jr Boulevard 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
    Intero Headquarters
    (408) 342-8696
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!