Retail-Ready Warehouse with
6500 Elvas Ave Sacramento, CA 95819
For Sale
Contact for pricing
A roughly 9,600 SF building with a fenced yard supports a variety of retail, service, and commercial uses.
Property Size9,600 SF
Price / SF$260.42
Days on Market136
Property Features for 6500 Elvas Ave
General Information
Standard status
Active
Size
9,600 SF
Property subtype
INDUSTRIAL
Listing Agency:
Turton Commercial Real Estate - Corporate
(916) 573-3309
Listed By:
Shilo Rochelle · License #02092283
(916) 573-3305
Source:
Moodyscre
Added: Mar 16
Changed: Jul 28
Last Checked: Jul 28 at 1:46PM
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 Turton Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
The property includes an approximately 9,600 square foot building plus an approximately 16,875 square foot fenced-in yard. This combination is positioned for flexible operating needs within the existing zoning and the property’s configuration.
The property is located in East Sacramento and is noted for visibility and consumer activity associated with its proximity to the Sacramento State campus. The zoning and property characteristics are described as allowing a wide range of retail, service, and commercial uses.
Overall, the asset pairs an enclosed warehouse structure with a substantial enclosed outdoor yard designed to support businesses that need both building and fenced exterior space.
The property is located in East Sacramento and is noted for visibility and consumer activity associated with its proximity to the Sacramento State campus. The zoning and property characteristics are described as allowing a wide range of retail, service, and commercial uses.
Overall, the asset pairs an enclosed warehouse structure with a substantial enclosed outdoor yard designed to support businesses that need both building and fenced exterior space.
Key Highlights
- Approximately 9,600 sq ft building for retail, service, and commercial uses
- Approximately 16,875 sq ft fenced‑in yard included
- Zoning and property support a wide range of retail, service, and commercial uses
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 | $225.8k | $23.52 |
| − Vacancy | −$13.1k | −$1.36 |
| EGI | $212.7k | $22.16 |
| − OpEx | −$63.8k | −$6.65 |
| NOI | $148.9k | $15.51 |
9,600 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.13M
$1.86M – $2.48M
NOI $148,887 @ 7.0% cap · market cap 5.96%
Second Best
Warehouse
$1.05M
$921.4K – $1.23M
NOI $73,714 @ 7.0% cap · market cap 2.95%
Theoretical Best
Specialty Retail
$2.58M
$2.26M – $3.01M
NOI $180,576 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Public Storage — 7510 Folsom Blvd, Sacramento, CA 95826
- Life Storage - Sacramento — 7716 Folsom Blvd, Sacramento, CA 95826
Frequently Asked Questions
What type of property is this?
Warehouse - A roughly 9,600 SF building with a fenced yard supports a variety of retail, service, and commercial uses.
Where is this warehouse located?
The property is located at 6500 Elvas Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 9,600 sq ft building for retail, service, and commercial uses; Approximately 16,875 sq ft fenced‑in yard included; Zoning and property support a wide range of retail, service, and commercial uses
