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    Sacramento Retail Property for Sale Title is generated by Realmo AI

    910-912 Grand Ave, Sacramento, CA

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    Retail property in Sacramento's Del Paso Heights neighborhood.

    Type:RETAIL
    Property size:
    3,724 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $187/SF
    Added:
    Mar 28, 2024
    Days on Market:
    805
    Last Refresh:
    May 20 at 9:49 pm

    Property Features for 910-912 Grand Ave

    General Information

    Standard status
    Active
    Size
    3,724 SF
    Lot size
    0.16 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Daniel Mueller
    Daniel Mueller

    Listing agent Daniel Mueller

    Listing office Century 21 - Mueller Commercial | Sacramento

    Listing date Mar 28, 2024

    Source Moodyscre

    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

    HighLights

    • Well‑connected to other parts of Sacramento via roadways and public transportation.
    • Mix of housing options including single‑family homes, apartments and rental properties.
    • Several public and private schools serving the local community.
    • Various community organizations focused on improving quality of life.
    • Ongoing efforts to revitalize the neighborhood and attract businesses.
    • Initiatives to address safety concerns through community policing and neighborhood watch programs.

    Overview

    Located in Sacramento's Del Paso Heights neighborhood, this retail property offers 3,724 square feet of space. The area benefits from community organizations focused on enhancing resident quality of life through initiatives in education, economic development, public safety, and community engagement. Ongoing revitalization efforts aim to attract businesses and improve economic opportunities. The neighborhood is served by several public and private schools. Transportation options are readily available, connecting Del Paso Heights to other parts of Sacramento via roadways and public transportation. Housing options include a mix of single-family homes, apartments, and rental properties. Community policing and neighborhood watch programs address safety concerns.

    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 $87.6k $23.52
    − Vacancy −$5.1k −$1.36
    EGI $82.5k $22.16
    − OpEx −$24.8k −$6.65
    NOI $57.8k $15.51
    3,724 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $825.1K
    $722.0K – $962.6K (±1% cap)
    NOI $57,756 @ 7.0% cap · market cap 8.25%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.00M
    $875.6K – $1.17M (±1% cap)
    NOI $70,048 @ 7.0% cap · market cap 10.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Real Estate Agency Law Firm Restaurant 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
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.446
    Latitude
    38.6365

    FAQs

    What type of property is this?
    Retail property - Retail property in Sacramento's Del Paso Heights neighborhood.
    Where is this retail property located?
    The property is located at 910-912 Grand Ave Sacramento, CA.
    What is the asking price?
    The asking price for this property is $699,950.
    What are key features of this property?
    This property features: Well‑connected to other parts of Sacramento via roadways and public transportation.; Mix of housing options including single‑family homes, apartments and rental properties.; Several public and private schools serving the local community.
    (916) 704-9341 Call to check price and availability
    More about this property
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