Former Bank Branch with Monument
6705 Fair Oaks Blvd Carmichael, CA 95608
For Sale
Contact for pricing
Former Bank of America branch with monument signage and abundant on-site parking for customers and staff.
Property Size10,380 SF
Price / SF$189.02
Days on Market466
Property Features for 6705 Fair Oaks Blvd
General Information
- Standard status
- Active
- Size
- 10,380 SF
- Property subtype
- RETAIL
Properties For Sale
at 6705 Fair Oaks Blvd Contact us
Listing Agency:
Ethan Conrad Properties
(916) 600-0330
Listed By:
Race Merritt · License #02082721
(916) 600-0330
Source:
Moodyscre
Added: Apr 18, 2025
Changed: Jul 21
Last Checked: Jul 21 at 6:35PM
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 Ethan Conrad Properties
Investment Insights
Based on property information with market context.
This former Bank of America branch offers a retail-ready commercial setup for prospective owners, with monument signage and abundant on-site parking totaling 127 stalls. The property is situated on a prominent frontage corridor along Fair Oaks Blvd.
The site benefits from strong visibility on Fair Oaks Blvd, with significant day and evening traffic. It is also surrounded by dense residential, supported by stated excellent demographics.
Parking is a key feature, including 40 stalls identified for 6705 Fair Oaks Blvd, helping accommodate customer access and day-to-day operations for a variety of uses consistent with the existing bank configuration.
The site benefits from strong visibility on Fair Oaks Blvd, with significant day and evening traffic. It is also surrounded by dense residential, supported by stated excellent demographics.
Parking is a key feature, including 40 stalls identified for 6705 Fair Oaks Blvd, helping accommodate customer access and day-to-day operations for a variety of uses consistent with the existing bank configuration.
Key Highlights
- Former Bank of America branch
- Abundant on‑site parking with 127 total stalls, including 40 stalls at 6705 Fair Oaks Blvd
- Monument signage available
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 | $204.3k | $19.68 |
| − Vacancy | −$11.2k | −$1.08 |
| EGI | $193.0k | $18.60 |
| − OpEx | −$57.9k | −$5.58 |
| NOI | $135.1k | $13.02 |
10,380 SF · lease $19.68/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.93M
$1.69M – $2.25M
NOI $135,130 @ 7.0% cap · market cap 6.89%
Second Best
Specialty Retail
$1.89M
$1.65M – $2.20M
NOI $132,070 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$2.77M
$2.42M – $3.23M
NOI $193,569 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
FAQs
What type of property is this?
Bank - Former Bank of America branch with monument signage and abundant on-site parking for customers and staff.
Where is this bank located?
The property is located at 6705 Fair Oaks Blvd Carmichael, CA.
What is the asking price?
The asking price for this property is $1,962,000.
What are key features of this property?
This property features: Former Bank of America branch; Abundant on‑site parking with 127 total stalls, including 40 stalls at 6705 Fair Oaks Blvd; Monument signage available
