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    9500 Greenback Ln Folsom, CA 95630

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Folsom location, 3 spaces available.

    Lot size:
    7,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    American River Plaza, located at 9500 Greenback Ln in Folsom, CA 95630, presents a unique retail investment opportunity. This established shopping center boasts a strong tenant mix, anchored by Big Lots! and Ace Hardware, ensuring high foot traffic and visibility. The center offers three available spaces ranging from 1,676 square feet to 3,450 square feet, providing flexibility for various retail concepts. Current co-tenants include popular and well-established businesses such as Starbucks, Round Table Pizza, Carl's Jr., Subway, Jimboy's Tacos, and Sport Clips, creating a synergistic and attractive shopping environment. The property is situated in Sacramento County within a high-density single-family residential area, guaranteeing a substantial and readily accessible customer base. This prime location in Folsom offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in a thriving community. The property type is retail, specifically a shopping center/strip mall with multiple tenancies. The property's coordinates are 38.677383 latitude and -121.1993301 longitude. This is a rare opportunity to secure space in a well-established and successful retail center.

    Property Features for 9500 Greenback Ln

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,050 SF

    Unit(s) available at that property

    Space
    Suite 4
    Size
    1,924 SF
    Rate per SF
    $20
    Space
    Suite 28
    Size
    1,676 SF
    Rate per SF
    $20
    Space
    Suite 35
    Size
    3,450 SF
    Rate per SF
    $25

    HighLights

    • High‑traffic retail center at Greenback Ln & Madison Ave, a major Folsom commute corridor.
    • Community shopping center anchored by Big Lots! and Ace Hardware, with other national tenants.
    • Strong daytime population due to nearby high‑density residential areas.
    • Convenient location near Folsom Lake.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crossroads Animal Hospital Animal Hospital Anytime Fitness Gym pharmacy Pharmacy KeyExpress Locksmiths Key Duplication Service Modern Apothecary Skin Care Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Folsom
    County
    Sacramento
    State
    California
    Longitude
    -121.1993301
    Latitude
    38.677383

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    FAQs

    What type of property is this?
    Strip mall - Prime Folsom location, 3 spaces available.
    Where is this strip mall located?
    The property is located at 9500 Greenback Ln Folsom, CA.
    What is the lease rate?
    The lease rate is $20-$25 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail center at Greenback Ln & Madison Ave, a major Folsom commute corridor.; Community shopping center anchored by Big Lots! and Ace Hardware, with other national tenants.; Strong daytime population due to nearby high-density residential areas.
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    9500 Greenback Ln Folsom, CA 95630
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    Realmo Value Estimation

    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.

    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.

    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
    9500 Greenback Ln Folsom, CA 95630
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