Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1850 Prairie City Rd Folsom, CA 95630

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5,600 SF Retail Space Available Now

    Lot size:
    5,600 SF

    Property Features for 1850 Prairie City Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,600 SF

    Spaces For Lease

    at 1850 Prairie City Rd, Folsom, CA 95630 Contact us

    We can help!

    Listing Contact
    Jason Read
    Jason Read

    Listing Agency: CBRE Sacramento Listing Agent: Jason Read

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prairie City Crossing, located at 1850 Prairie City Road in Folsom, California (zip code 95630), offers a prime retail opportunity in Sacramento County. This 5,600 square foot strip center is currently 100% vacant and available for lease. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,400 square feet. Businesses seeking flexible space options will find this location highly attractive. The entire 5,600 square foot building is available for lease to a single tenant, or it can be divided to accommodate multiple tenants. This presents a unique opportunity for businesses looking to establish a presence in the thriving Folsom market. The property's convenient location on Prairie City Road ensures high visibility and accessibility for customers. The address is easily accessible from major roadways, providing excellent exposure to a large customer base. This is an exceptional opportunity to secure a well-located retail space in a dynamic and growing area. Interested parties should inquire promptly to secure this desirable property. The property is located in Sacramento County, California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Starbucks Cafe & Coffee Shop Harbor Dental Dental Office FedEx OnSite Postal Service Redbox Cinema Safeway Liquor (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Folsom
    County
    Sacramento
    State
    California
    Longitude
    -121.1641036
    Latitude
    38.6501927

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Iron Point

      Discover many ways to work your way in Iron Point
      1024 Iron Point Rd, Folsom, CA 95630
      View Details
    • Contact for pricing

      CA, Folsom - Orchard Dr

      Discover many ways to work your way in San Antonio Airport
      785 Orchard Dr, Folsom, CA 95630
      View Details
    • $2 SF/Yr
      13,012 SF

      Folsom Retail Space For Lease

      Retail suite available in Folsom with high traffic counts.
      7610 Folsom Auburn Rd, Folsom, CA 95630
      View Details
    • $2.00 SF/Yr
      13,578 SF

      Folsom Retail Space For Lease

      Retail space for lease in Folsom with high-end build-out.
      220 Blue Ravine Rd, Folsom, CA 95630
      View Details
    • Contact for pricing

      Connected Campus Office Space

      Four-building campus with modern spaces, amenities, and freeway access.
      620 Coolidge Dr, Folsom, CA 95630
      View Details
    • Contact for pricing

      Folsom Office Space For Lease

      Office spaces available in Folsom near light rail and amenities.
      111 Woodmere Rd, Folsom, CA 95630
      View Details
    • Contact for pricing

      Connected Campus Environment in Folsom

      Modern office spaces with amenities and freeway connectivity near Sacramento.
      295 Parkshore Dr, Folsom, CA 95630
      View Details
    • Contact for pricing

      Modern Office Space in Folsom

      Flexible office layouts, advanced amenities, and ample parking in Folsom.
      950 Iron Point Rd, Folsom, CA 95630
      View Details
    • Contact for pricing
      40,821 SF

      Folsom Lake Shopping Center Space

      Neighborhood center in Folsom, anchored by DMV and Dimple Records.
      311-337 E Bidwell St, Folsom, CA 95630
      View Details
    • $2 SF/Yr
      2,263 SF

      Folsom Office Space For Rent

      Functional office suite in a park-like setting with ample parking.
      1835 Iron Point Rd, Folsom, CA 95630
      View Details
    • Contact for pricing

      Retail Space in Folsom Center

      Retail spaces for lease in central Folsom shopping center.
      1300 East Bidwell St, Folsom, CA 95630
      View Details
    • Contact for pricing
      8,797 SF

      Folsom Retail and Storage Space

      Retail and storage space in a destination shopping location.
      2661-2776 E Bidwell St, Folsom, CA 95630
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - 5,600 SF Retail Space Available Now
    Where is this neighborhood center located?
    The property is located at 1850 Prairie City Rd Folsom, CA.
    What are key features of this property?
    This property features: 5,600 SF retail strip center available for lease in Folsom, CA (95630).; Adjacent to a major tech company with over 7,500 employees.; Located near Folsom High School (approx. 1,841 students).
    (916) 446-8273 Call to check price and availability
    Request Owner's contact information
    1850 Prairie City Rd Folsom, CA 95630
    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.
    1850 Prairie City Rd
    Folsom, CA 95630
    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
    1850 Prairie City Rd Folsom, CA 95630
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason Read
    Jason Read
    Real Estate License ID: 01341972
    (916) 446-8273 (916) 446-8290
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!