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    3500 El Camino Ave Sacramento, CA 95821

    For Lease
    Contact for pricing

    156,000 SF Former Macy's Building

    Lot size:
    156,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents a substantial 156,000-square-foot former Macy's building in Sacramento, California. Located at 3500 El Camino Ave, at the corner of Watt Avenue, this single-tenant property sits on a generous 9.67-acre parcel within the Country Club Plaza Mall. The four-story building, constructed in 1961, offers ample space for a variety of retail uses. The property boasts 669 parking spaces, ensuring convenient access for customers. Its strategic location provides excellent visibility and accessibility, situated near major businesses including WinCo, Cinema West, Wells Fargo, and Rebounderz. The surrounding area is a well-established and desirable retail hub, benefiting from a strong customer base and high traffic volume. The property is zoned SC (Shopping Center) within Sacramento County (95821). This is a rare chance to acquire a significant retail space in a prime Sacramento location. The entire building is currently vacant, presenting a blank canvas for a new tenant or a redevelopment opportunity. The substantial size and prominent location make this property an ideal investment for a large-scale retailer or a developer seeking a high-impact project. The ample parking and convenient access further enhance its appeal. This is a unique opportunity to acquire a landmark property in a thriving retail corridor.

    Property Features for 3500 El Camino Ave

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    156,000 SF

    Building Details

    Year Built
    1961
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Size
    156,000 SF

    HighLights

    • High‑traffic location with excellent visibility and access via two major thoroughfares.
    • Development potential for retail outparcels.
    • Strong co‑tenancy with Winco Foods, Rebounrdez, and Country Club Cinema.
    • Prime Sacramento intersection with exceptional visibility from all directions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.38184463112
    Latitude
    38.609660352476

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    FAQs

    What type of property is this?
    Shopping mall - 156,000 SF Former Macy's Building
    Where is this shopping mall located?
    The property is located at 3500 El Camino Ave Sacramento, CA.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility and access via two major thoroughfares.; Development potential for retail outparcels.; Strong co-tenancy with Winco Foods, Rebounrdez, and Country Club Cinema.
    Request Owner's contact information
    3500 El Camino Ave Sacramento, CA 95821
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    Sacramento, CA 95821
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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
    3500 El Camino Ave Sacramento, CA 95821
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