Building Details

Year Built 1961

Listing Agency: Gregory Realty Group l***@att.net Show Phone

Listed By: Lisa M.Thiel Gregory · License #01504394

Source: Sacramentoareahouses

Added: Jan 24 Changed: Aug 30 Last Checked: Aug 25 at 7:36AM

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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 Gregory Realty Group

Investment Insights

Based on property information with market context.

This M-1-zoned mixed-use property includes a main house offering nearly 3,000 square feet that can accommodate residential use, office space, or a combination of both. The rear 1,400-square-foot shop features an upstairs loft with its own exterior entry, two large roll-up doors ready for installation, and multiple covered areas for work or storage. The building was constructed in 1961 and has received fresh interior and exterior paint along with new T1-11 siding.

A new well has been installed, although the pump is excluded. Located at 6849 26th Street in Rio Linda, California, the property brings residential and light-industrial functions together within one flexible site.

Key Highlights

• M‑1‑zoned mixed‑use property at 6849 26th Street, Rio Linda, CA 95673
• Main house offers nearly 3,000 sqft for residential use, office space, or both
• Rear 1,400 sqft shop with upstairs loft and separate exterior access

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$42,836

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

7.15%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$856,720 $856.7K

Cap Rate 7%

$611,943 $611.9K

Cap Rate 9%

$475,956 $476.0K

Market Conditions

NOI Build-Up for 2,739 SF 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.

Gross rent

$70.3K $25.68/SF

− Vacancy

−$13.2K −$4.83/SF

EGI

$57.1K $20.85/SF

− OpEx

−$14.3K −$5.21/SF

NOI

$42.8K $15.64/SF

Area

Sacramento County, CA

Vacancy

18.80%

Lease Rate

$25.68 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$856,720

Cap Rate 7%

$611,943

Cap Rate 9%

$475,956

Alternative Uses

Best Use

Office B

$611.9K

$535.5K – $713.9K (±1% cap)

NOI $42,836 @ 7.0% cap · market cap 7.15%

Second Best

Flex RnD

$592.9K

$518.8K – $691.7K (±1% cap)

NOI $41,501 @ 7.0% cap · market cap 6.93%

Theoretical Best

Office A

$729.7K

$638.5K – $851.3K (±1% cap)

NOI $51,078 @ 7.0% cap · market cap 8.53%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Parking Lot & Garage Law Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

152

Businesses Nearby

Explore this area Business Placement

Demographics for 95673, CA

16,290

Population

5,426

Households

3

Avg Household Size

37

Median Age

17%

College-Educated

87%

High-School Grad

16.3 sq mi

ZIP Area

999

Density / Sq Mi

$96,694

Median Household Income

$48,592

Median Earnings

$1,788

Median Rent

$438,200

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - M-1 zoning accommodates a main house alongside flexible commercial workspace and storage improvements.

Where is this mixed-use property located?

The property is located at 6849 26th St Rio Linda, CA.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: M‑1‑zoned mixed‑use property at 6849 26th Street, Rio Linda, CA 95673; Main house offers nearly 3,000 sqft for residential use, office space, or both; Rear 1,400 sqft shop with upstairs loft and separate exterior access