Sacramento Retail Plaza For
901-907 Howe Ave Sacramento, CA
901-907 Howe Ave, Sacramento, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Retail plaza on Howe Avenue in Sacramento, CA for sale.
Property Size15,500 SF
Lot Size0.92 Acres
Price / SF$464.52
Days on Market1545
Property Features for 901-907 Howe Ave
General Information
- Standard status
- Active
- Size
- 15,500 SF
- Lot size
- 0.92 Acres
- Property subtype
- RETAIL
Listing agency
Century 21 - Mueller Commercial | Sacramento
(916) 704-9341
Listed by
Daniel Mueller
Source
Moodyscre
Added: Apr 29, 2022 Updated: Jul 10 at 11:48AM Checked: Jul 21 at 6:36AM
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 Century 21 - Mueller Commercial | Sacramento
Investment Insights
Based on property information with market context.
The CW Net Plaza is located in Sacramento County. Constructed in 1969, the masonry-stucco building features a tile flat roof. The property is situated on 0.92 acres of commercially zoned land. Parking is provided by 55 surface spaces, resulting in a ratio of 3.5 spaces per 1,000 square feet. The property benefits from its location at a signalized intersection and includes a pylon sign available for tenant use. The property size is 15,500 square feet.
Key Highlights
- Located in Sacramento County.
- Commercially zoned land.
- Signalized intersection location.
Local 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 | $364.6k | $23.52 |
| − Vacancy | −$21.1k | −$1.36 |
| EGI | $343.4k | $22.16 |
| − OpEx | −$103.0k | −$6.65 |
| NOI | $240.4k | $15.51 |
15,500 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.43M
$3.00M – $4.01M
NOI $240,391 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.17M
$3.64M – $4.86M
NOI $291,555 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Retail plaza on Howe Avenue in Sacramento, CA for sale.
Where is this strip mall located?
The property is located at 901-907 Howe Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: Located in Sacramento County.; Commercially zoned land.; **Signalized intersection location.**
