Crestview Village Shopping Center, located at 4006 Manzanita Ave, Carmichael, CA 95608, presents a unique investment opportunity in Sacramento County. This retail center boasts a total of 151,186 square feet, with 83,967 square feet currently vacant, offering multiple spaces ranging from 3,022 to 29,341 contiguous square feet. The property features excellent visibility from Manzanita Ave and Winding Way, situated on a high-traffic corridor anchored by a Save-Mart Grocery Store. The center benefits from its proximity to numerous national retailers, including Home Depot, Safeway, Bel Air, Dutch Bros, Rite Aid, Ace Hardware, Dollar Tree, Taco Bell, Carquest Auto Parts, and McDonald's. Its strategic location near American River College and within walking distance of Del Campo High School, Will Rogers Middle School, and Thomas Kelly Elementary School ensures high foot traffic and strong community engagement. Eleven spaces are currently available, providing flexibility for various retail and restaurant concepts. This prime location offers exceptional potential for growth and profitability. The property is classified as Retail, Restaurant, Storefront, Spa, and Massage.
Property Features for 4006 Manzanita Ave
General Information
Property type
Individual retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
151,186 SF
Total Rate
34520.8
Unit(s) available at that property
Space
Pad B
Size
29,341 SF
Rate per SF
$2
Space
Suite 4760
Size
37,848 SF
Rate per SF
$11
Space
Suite 4738
Size
3,032 SF
Rate per SF
$17
Space
Suite 4742
Size
3,022 SF
Rate per SF
$17
Space
Suite 4758
Size
8,463 SF
Rate per SF
$16
Space
Suite 4780
Size
8,046 SF
Rate per SF
$16
Space
Suite 4792
Size
1,813 SF
Rate per SF
$21
Space
Suite 4744
Size
7,146 SF
Rate per SF
$15
Space
Suite 4790
Size
1,589 SF
Rate per SF
$22
Space
Suite 4794-2
Size
8,740 SF
Rate per SF
$16
Space
Suite 4722
Size
7,232 SF
Rate per SF
$15
HighLights
Excellent visibility from Manzanita Ave and Winding Way.
Located on a major signalized intersection with high traffic counts.
Individual retail property - Carmichael Retail Center - High Visibility
Where is this individual retail property located?
The property is located at 4006 Manzanita Ave Carmichael, CA.
What is the lease rate?
The lease rate is $2-$22 SF/Yr.
What are key features of this property?
This property features: Excellent visibility from Manzanita Ave and Winding Way.; Located on a major signalized intersection with high traffic counts.; Strong residential population nearby.
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4006 Manzanita Ave Carmichael, CA 95608
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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
4006 Manzanita Ave Carmichael, CA 95608
More about this listing
4006 Manzanita Ave, Carmichael, CA
Ethan Conrad
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4006 Manzanita Ave, Carmichael, CA
Ethan Conrad
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4006 Manzanita Ave, Carmichael, CA
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4006 Manzanita Ave, Carmichael, CA
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Current Estimation by Request
4006 Manzanita Ave, Carmichael, CA
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4006 Manzanita Ave, Carmichael, CA
Ethan Conrad
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