Building Details

Tenancy Multi

Listing Agency: Game Realty

Listed By: Gary McEnerney · License #CA 00993923 Show Phone

Source: Crexi

Added: Oct 9, 2024 Changed: Oct 6 Last Checked: Oct 14 at 10:03PM

Report an Issue

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 Game Realty

Investment Insights

Based on property information with market context.

This mixed-use property offers a total of 7,742 square feet, featuring approximately 5,202 square feet of shop/warehouse space and 2,540 square feet of office/living space. The property also includes two additional free-standing warehouses, each measuring approximately 1,200 square feet. The sale encompasses a total of six separate Assessor’s Parcels. The property is suitable for various uses, including auto, farm, and marine repair, or a tow truck yard.

Key Highlights

• 7,742 sq ft property ideal for live/work setup.
• Approximately 5,202 sq ft shop/warehouse space included.
• Features 2,540 sq ft of office/living space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$59,384

Cap Rate

7.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,187,680 $1.2M

Cap Rate 7%

$848,343 $848.3K

Cap Rate 9%

$659,822 $659.8K

Market Conditions

NOI Build-Up for 7,742 SF

Gross rent

$74.3K $9.60/SF

− Vacancy

−$4.5K −$0.58/SF

EGI

$69.9K $9.02/SF

− OpEx

−$10.5K −$1.35/SF

NOI

$59.4K $7.67/SF

Area

Sacramento County, CA

Vacancy

6.00%

Lease Rate

$9.60 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,187,680

Cap Rate 7%

$848,343

Cap Rate 9%

$659,822

Alternative Uses

Best Use

Office B

$1.73M

$1.51M – $2.02M (±1% cap)

NOI $121,078 @ 7.0% cap · market cap 15.15%

Second Best

Retail

$1.44M

$1.26M – $1.68M (±1% cap)

NOI $100,788 @ 7.0% cap · market cap 12.61%

Theoretical Best

Office A

$2.06M

$1.80M – $2.41M (±1% cap)

NOI $144,375 @ 7.0% cap · market cap 18.07%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Live-work space

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

Demographics for 95615, CA

762

Population

390

Households

2

Avg Household Size

40

Median Age

36%

College-Educated

92%

High-School Grad

21.2 sq mi

ZIP Area

36

Density / Sq Mi

$70,438

Median Household Income

$47,062

Median Earnings

$957

Median Rent

$650,500

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Mixed-use property with shop, warehouse, office, and living space.

Where is this mixed-use property located?

The property is located at 11775 Riverside Ave Courtland, CA.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: 7,742 sq ft property ideal for live/work setup.; Approximately 5,202 sq ft shop/warehouse space included.; Features 2,540 sq ft of office/living space.