Retail Center at Busy
6300 Greenback Ln Citrus Heights, CA 95621
6300 Greenback Ln, Citrus Heights, CA, 95621
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For Sale
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Vacant Class B retail center on a high-traffic corner with ample parking and direct access from Greenback Lane.
Property Size2,808 SF
Price / SF$222.58
Days on Market112
Property Features for 6300 Greenback Ln
General Information
- Standard status
- Active
- Size
- 2,808 SF
- Property subtype
- Retail, Special Purpose
Building Details
- Year Built
- 1985
Listing agency
JPAR Iron Horse Real Estate
(510) 673-2369
Listed by
Zaheer Siddiqui · License #CA 01915638
Source
Crexi
Added: Apr 1 Updated: Jul 20 at 4:40PM Checked: Jul 20 at 4:40PM
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 JPAR Iron Horse Real Estate
Investment Insights
Based on property information with market context.
A vacant Class B retail center built in 1985 offers a versatile commercial space totaling 2,808 square feet. The property has previously operated as a restaurant and most recently as a church.
Located at the high-traffic intersection of Auburn Avenue and Greenback Lane in Citrus Heights, CA, the site is positioned for strong visibility and convenient access. Interstate 80 is about one mile away, and the surrounding area includes a mix of established retail and service tenants, along with nearby apartment complexes.
The property offers ample parking and easy entry/access along Greenback Lane, supporting a range of retail, restaurant, or service-based business uses.
Located at the high-traffic intersection of Auburn Avenue and Greenback Lane in Citrus Heights, CA, the site is positioned for strong visibility and convenient access. Interstate 80 is about one mile away, and the surrounding area includes a mix of established retail and service tenants, along with nearby apartment complexes.
The property offers ample parking and easy entry/access along Greenback Lane, supporting a range of retail, restaurant, or service-based business uses.
Key Highlights
- Vacant Class B retail center at 6300 Greenback Lane, Citrus Heights, CA 95621.
- 2,808 SF retail building constructed in 1985 at the corner of Auburn Avenue and Greenback Lane.
- High‑traffic location with 57,990 vehicles per day on Greenback Lane and 183,000 vehicles per day along I‑80.
Local Financial Insights For Retail
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 | $55.3k | $19.68 |
| − Vacancy | −$3.0k | −$1.08 |
| EGI | $52.2k | $18.60 |
| − OpEx | −$15.7k | −$5.58 |
| NOI | $36.6k | $13.02 |
2,808 SF · lease $19.68/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$522.2K
$456.9K – $609.3K
NOI $36,555 @ 7.0% cap · market cap 5.85%
Second Best
Specialty Retail
$510.4K
$446.6K – $595.5K
NOI $35,728 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$748.1K
$654.6K – $872.7K
NOI $52,364 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Living Word Christian ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Vacant Class B retail center on a high-traffic corner with ample parking and direct access from Greenback Lane.
Where is this retail space located?
The property is located at 6300 Greenback Ln Citrus Heights, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Vacant Class B retail center at 6300 Greenback Lane, Citrus Heights, CA 95621.; 2,808 SF retail building constructed in 1985 at the corner of Auburn Avenue and Greenback Lane.; High‑traffic location with 57,990 vehicles per day on Greenback Lane and 183,000 vehicles per day along I‑80.
