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

    10940 Fair Oaks Blvd Fair Oaks, CA 95628

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Versatile Fair Oaks retail/office suites

    Lot size:
    6,026 SF

    Property Features for 10940 Fair Oaks Blvd

    General Information

    Property type
    Retail space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,026 SF
    Total Rate
    7532.5

    Building Details

    Year Built
    1987
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 10940 Fair Oaks Blvd, Fair Oaks, CA 95628 Contact us
    Unit Suite 500

    $15 /Mo

    Size
    1,482 SF
    Contact us
    Unit Suite 200

    $15 /Mo

    Size
    992 SF
    Contact us

    We can help!

    Listing Contact
    Chase Burke
    Chase Burke

    Listing Agency: Rome Real Estate Group Listing Agent: Chase Burke

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

    Learn more

    Property Insight Report

    Overview

    This single-story, 6,026 square foot commercial building at 10940 Fair Oaks Blvd, Fair Oaks, CA 95628, offers multiple flexible spaces ideal for a variety of businesses. Located near the intersection of Sunset Avenue and Fair Oaks Blvd, this property boasts a prime location in a well-established residential area. The building, constructed in 1987, features seven suites, with two currently available, ranging from 992 to 1,482 contiguous square feet. The total vacant space is 2,474 square feet. The property sits on a 37,856 square foot lot and offers ample parking with 43 spaces (4.9 spaces per 1,000 square feet leased). Monument signage is available. Allowed uses include medical/dental offices, salons, and retail/office spaces. The zoning is LC. The APN is 244-0344-013-0000. Virtual tours are available for Suites 200 and 500. This property presents a unique opportunity for businesses seeking a prominent location in a thriving community. The building has no elevators. The cross street is Monte Park Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Liebe Life Holistic ... Gym & Fitness Center Bobbi Bagley REALTOR® Real Estate Agency City Lights Beauty ... Nail Salon Relationship Therapy Center Marriage Or Relationship Counselor 420 Approved Medical Clinic

    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
    Fair Oaks
    County
    Sacramento
    State
    California
    Longitude
    -121.2636649
    Latitude
    38.6501227

    Nearby Similar for Lease

    • Contact for pricing
      810 SF

      Retail Space with Roll-Up Door

      Retail space with high traffic and strong consumer base.
      8102-8124 Madison Ave, Fair Oaks, CA 95628
      View Details
    • $1.60 SF/Yr

      Sunrise Professional Centre Office Space

      Office space for lease in Fair Oaks with open floorplan.
      7840 Madison Ave, Fair Oaks, CA 95628
      View Details
    • $0.15 SF/Yr

      Retail Space in Established Marketplace

      Retail space available in a high-traffic, anchored shopping center.
      5420-5540 Dewey Dr, Fair Oaks, CA 95628
      View Details
    • $1.00 SF/Yr

      Retail/Office Space Near Mercy Hospital

      Available space suitable for retail, medical, or office tenants.
      6716-6720 Madison Ave, Fair Oaks, CA 95628
      View Details
    • $1.35 SF/Yr

      Fair Oaks Retail Space Available

      Retail spaces for lease with high traffic exposure on Sunrise.
      4201 Sunrise Blvd, Fair Oaks, CA 95628
      View Details
    • Contact for pricing
      6,200 SF

      Retail Space on Greenback Lane

      High visibility retail space in a dense residential area.
      8121-8143 Greenback Ln, Fair Oaks, CA 95628
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Fair Oaks, CA.
      8141 Greenback Ln, Fair Oaks, CA 95628
      View Details
    • Contact for pricing

      Fair Oaks Retail Space Available

      Retail properties for rent in Fair Oaks, California.
      8810 Madison Ave, Fair Oaks, CA 95628
      View Details
    • Contact for pricing
      12,328 SF

      Dominant Grocery-Anchored Shopping Center Space

      Retail space in Fair Oaks' dominant shopping center.
      8840-8874 Madison Ave, Fair Oaks, CA 95628
      View Details
    • Contact for pricing

      Retail/Office Space in Fair Oaks

      Retail and office spaces available in well-maintained shopping center.
      8121 Madison Ave, Fair Oaks, CA 95628
      View Details
    • $1.75 SF/Yr
      938 SF

      Fair Oaks Office Space Available

      560 square feet office space for rent in Fair Oaks.
      4777 Sunrise Blvd, Fair Oaks, CA 95628
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile Fair Oaks retail/office suites
    Where is this retail space located?
    The property is located at 10940 Fair Oaks Blvd Fair Oaks, CA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Flexible Zoning: Suitable for retail or office use.; Ample Parking: 43 spaces available.; Monument Signage: Prominent signage opportunity.
    (916) 705-8132 Call to check price and availability
    Request Owner's contact information
    10940 Fair Oaks Blvd Fair Oaks, CA 95628
    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.
    10940 Fair Oaks Blvd
    Fair Oaks, CA 95628
    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
    10940 Fair Oaks Blvd Fair Oaks, CA 95628
    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 Chase Burke
    Chase Burke
    Real Estate License ID: 01879336
    (916) 705-8132 (916) 932-2199
    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!