Flexible Retail Space with
For Sale
$499,000
646 El Camino Avenue, Sacramento, CA 95815
Open commercial layout with an office, restroom, and C-2 zoning along El Camino Avenue.
Property Size2,872 SF
Days on Market121
Property Features for 646 El Camino Avenue
General Information
Standard status
Active
Size
2,872 SF
Property subtype
Retail
Zoning
C-2
Building Details
Building Size
2,872 SF
Year Built
1985
Listing Agency:
KW Sac Metro
Listed By:
Luke Vincent · License #02123428
(270) 584-5595
Source:
Teamnavigate
Added: Jun 16
Changed: Oct 5
Last Checked: Oct 13 at 2:05AM
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 KW Sac Metro
Investment Insights
Based on property information with market context.
This 2,872-square-foot retail property at 646 El Camino Avenue includes an open interior, an existing office, and a restroom. Built in 1985, the space can accommodate retail, showroom, service, specialty shop, fitness, contractor office, or light assembly uses permitted under C-2 zoning.
The property is situated in North Sacramento’s established commercial corridor, with frontage along El Camino Avenue and access to surrounding residential neighborhoods, local businesses, and major Sacramento roadways. Its layout provides a straightforward base for a commercial operation requiring adaptable interior space and existing office and restroom improvements.
The property is situated in North Sacramento’s established commercial corridor, with frontage along El Camino Avenue and access to surrounding residential neighborhoods, local businesses, and major Sacramento roadways. Its layout provides a straightforward base for a commercial operation requiring adaptable interior space and existing office and restroom improvements.
Key Highlights
- 2,872‑square‑foot retail property at 646 El Camino Avenue
- Open interior layout with existing office and restroom
- C‑2 zoning supports listed neighborhood‑serving commercial uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,542
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,840
$890.8K
Cap Rate 7%
$636,314
$636.3K
Cap Rate 9%
$494,911
$494.9K
Market Conditions
NOI Build-Up for 2,872 SF
Gross rent
$67.5K $23.52/SF
− Vacancy
−$3.9K −$1.36/SF
EGI
$63.6K $22.16/SF
− OpEx
−$19.1K −$6.65/SF
NOI
$44.5K $15.51/SF
Area
Sacramento, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,840
Cap Rate 7%
$636,314
Cap Rate 9%
$494,911
Alternative Uses
Best Use
Retail
$636.3K
$556.8K – $742.4K
NOI $44,542 @ 7.0% cap · market cap 8.93%
Second Best
Office B
$559.0K
$489.1K – $652.2K
NOI $39,129 @ 7.0% cap · market cap 7.84%
Theoretical Best
Specialty Retail
$771.7K
$675.3K – $900.4K
NOI $54,022 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 95815, CA
27,838
Population
10,527
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
3,615
Density / Sq Mi
$58,590
Median Household Income
$37,199
Median Earnings
$1,448
Median Rent
$298,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Sacramento, CA
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Frequently Asked Questions
What type of property is this?
Retail space - Open commercial layout with an office, restroom, and C-2 zoning along El Camino Avenue.
Where is this retail space located?
The property is located at 646 El Camino Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2,872‑square‑foot retail property at 646 El Camino Avenue; Open interior layout with existing office and restroom; C‑2 zoning supports listed neighborhood‑serving commercial uses
