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    Mack Rd And Franklin Blvd Sacramento, CA 95823

    Sponsored
    For Sale
    $2,000,000

    Commercial Land, High Traffic Area, $2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.22 to 1.77-acre commercial land parcel presents a remarkable investment opportunity in Sacramento, California. Located at the bustling intersection of Mack Road and Franklin Boulevard in South Sacramento, this property boasts a strategic position near major transportation arteries, including Interstate 5 and Highway 99, ensuring convenient access for commuters. The asking price is $2,000,000, translating to approximately $669,000 per acre. The land is zoned R-1A-PUD/SC-PUD, offering flexibility for various commercial developments. Its prime location is surrounded by a vibrant mix of residential areas, shopping centers, restaurants, and other amenities, creating a high-demand environment. The property's proximity to Downtown/Midtown Sacramento and Sacramento International Airport further enhances its appeal and potential for significant return on investment. The APN numbers are 119-2180-004 and 119-2180-005. This property offers a unique chance to capitalize on the thriving South Sacramento market. The price per square foot is $15.36. This is a rare opportunity to acquire a well-situated commercial land parcel in a rapidly growing area of Sacramento.

    Property Features for 0 Mack Rd And Franklin Blvd

    General Information

    Property type
    Land
    Lot Size
    53,143 SF

    HighLights

    • Price: $15.36 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4504387
    Latitude
    38.474393

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    FAQs

    What type of property is this?
    Land - Commercial Land, High Traffic Area, $2M
    Where is this land located?
    The property is located at Mack Rd And Franklin Blvd Sacramento, CA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Price: $15.36 per square foot.; ;
    (916) 704-9341
    Request Owner's contact information
    Mack Rd And Franklin Blvd Sacramento, CA 95823
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    Realmo Value Estimation

    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.

    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.

    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
    Mack Rd And Franklin Blvd Sacramento, CA 95823
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