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    1601-1609 F St Sacramento, CA 95814

    Sponsored
    For Sale
    $4,500,000

    Prime 0.73-acre retail site, high income.

    Property size:
    10,437 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 1601-1609 F Street in Sacramento, California (zip code 95814), presents a rare infill development opportunity. The 0.73-acre lot boasts a 10,437 square foot retail building currently housing three tenants, generating a monthly rental income of $8,450. The property enjoys a highly visible corner location at the intersection of 16th and F Streets, a signalized intersection in the heart of Midtown and Downtown Sacramento. This high-traffic area benefits from exceptional frontage on both streets, providing maximum exposure to potential customers. The property is zoned C-2 Special Planning District, offering flexibility for future development. The site's convenient location provides direct access to major freeways and is surrounded by numerous amenities and new developments. With a parcel number of 002-0136-021, this property offers significant potential for investors seeking a strong return on investment in a thriving urban environment. The property features approximately 209 feet of frontage on F Street and 158 feet on 16th Street. The asking price is $4,500,000. This is a walker's paradise with a population density of 152,668 within a 3-mile radius.

    Property Features for 1601-1609 F St

    General Information

    Property type
    Retail properties
    Square Feet
    10,437 SF
    Lot Size
    31,799 SF

    HighLights

    • 0.73‑acre development opportunity in Sacramento, CA.
    • $4,500,000 asking price.
    • Three existing tenants generating $8,450 monthly rental income.
    • High‑visibility corner lot at a signalized intersection on 16th and F Streets in Midtown Sacramento.
    • C‑2 Special Planning District zoning.
    • Parcel number 002‑0136‑021.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Building Supply Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.48318056408
    Latitude
    38.582662174332

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    FAQs

    What type of property is this?
    Retail property - Prime 0.73-acre retail site, high income.
    Where is this retail property located?
    The property is located at 1601-1609 F St Sacramento, CA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: 0.73-acre development opportunity in Sacramento, CA.; $4,500,000 asking price.; Three existing tenants generating $8,450 monthly rental income.
    Request Owner's contact information
    1601-1609 F St Sacramento, CA 95814
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    Sacramento, CA 95814
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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
    1601-1609 F St Sacramento, CA 95814
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