Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Folsom Village Retail Land Title is generated by Realmo AI

    9580 Oak Ave. Pkwy, Folsom, CA 95630

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial land in affluent Folsom neighborhood near Folsom Lake.

    Type:Land
    Added:
    Feb 3, 2023
    Days on Market:
    1218
    Last Refresh:
    May 12 at 10:00 pm

    Property Features for 9580 Oak Ave. Pkwy

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Ethan Conrad

    Listing agent Ethan Conrad License #CA 01298662

    Listing office Ethan Conrad Properties Inc

    Listing date Feb 3, 2023

    Source Crexi

    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 Inc

    HighLights

    • Located in Folsom's affluent American River Canyon neighborhood.
    • Only retail center in the American River Canyon neighborhood.
    • Close proximity to Folsom Lake, attracting approximately 2 million visitors annually.
    • Part of Folsom Village.
    • National tenants include Starbucks.
    • National tenants include Dollar Tree.

    Overview

    This commercial land is located in Folsom Village, which is part of the American River Canyon neighborhood. This area is one of Folsom’s most affluent. The property is the only retail center in the area. National tenants include Starbucks and Dollar Tree. The property is in close proximity to Folsom Lake, which draws about 2 million people annually.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Folsom
    County
    El Dorado
    State
    California
    Longitude
    -121.141
    Latitude
    38.6648

    Nearby Similar for Sale

    • $795,000
      2,352 SF

      Folsom Duplex with Strong Cashflow

      Updated duplex in prime Folsom location with proven rental history.
      29 Dean Way, Folsom, CA 95630
      View Details
    • $1,039,680
      3,648 SF

      Folsom Office Space For Sale

      Professional office suite in desirable Folsom location.
      193 Blue Ravine Rd, Suite 220, Folsom, CA 95630
      View Details
    • $7,400,000

      Folsom Office Building For Sale

      Fully leased office building in desirable Sacramento market.
      110 Blue Ravine Rd, Folsom, CA 95630
      View Details
    • $1,625,000
      3,453 SF

      Folsom Office Building Near Hospital

      Free-standing office building near Mercy Hospital with flexible layout.
      2230 E Bidwell St, Folsom, CA
      View Details
    • Contact for pricing

      Folsom Flex/Industrial Space Available

      Flex/industrial space in established business park near amenities.
      151 Blue Ravine Road, Folsom, CA, 95630
      View Details
    • $5,825,000
      35,072 SF

      Folsom Manufacturing/Warehouse Building For Sale

      35,072 SF building with 13,500 SF office area.
      140 Blue Ravine Rd, Folsom, CA
      View Details
    • $9,600,000
      25,200 SF

      Corporate Campus with Lake Views

      Two-building campus with skybridge, lake views, and bike trail.
      150 Parkshore Dr, Folsom, CA
      View Details
    • $575,000

      Office Building Near Old Town

      Office building at prime intersection near Old Town Folsom.
      512 Riley Street, Folsom, CA 95630
      View Details
    • Contact for pricing
      4 SF

      Folsom Land with Highway Visibility

      4.01 acres in Folsom Corporate Center with Highway 50 frontage.
      2245 Iron Point Road, Folsom, CA, 95630
      View Details
    • $2,000,000
      5,000 SF

      Folsom Commercial Building with Potential

      Commercial building near Historic Folsom District with restaurant potential.
      409 Natoma St, Folsom, CA, 95630-2621
      View Details
    • $5,900,000
      35,072 SF

      Folsom Office Building For Sale

      Office building with 35,072 square feet available for sale.
      100 Blue Ravine Rd, Folsom, CA
      View Details
    • Contact for pricing

      Land on Signalized Corner

      Land with high visibility on a signalized corner.
      3588 E Bidwell St, Folsom, CA 95630
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land in affluent Folsom neighborhood near Folsom Lake.
    Where is this commercial land located?
    The property is located at 9580 Oak Ave. Pkwy Folsom, CA.
    What is the asking price?
    The asking price for this property is $1,037,750.
    What are key features of this property?
    This property features: Located in Folsom's affluent American River Canyon neighborhood.; Only retail center in the American River Canyon neighborhood.; Close proximity to Folsom Lake, attracting approximately 2 million visitors annually.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ethan Conrad
    Real Estate License ID: CA 01298662
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9580 Oak Ave. Pkwy, Folsom, CA 95630
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!