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    2326 Florin Rd Sacramento, CA 95822

    Sponsored
    For Sale
    $4,630,000

    Sacramento Shopping Center - $4.63M

    Property size:
    40,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 40,260 square foot retail property, situated on a 3.79-acre lot in Sacramento, California, presents a compelling investment opportunity. Located at the high-traffic intersection of Florin Road and 24th Street, this established shopping center benefits from excellent visibility and accessibility. The property features prominent monument signage on Florin Road, along with building signage facing both Florin Road and 24th Street, ensuring maximum brand exposure. Ample parking is available with 206 spaces to accommodate customers and employees. The center is conveniently located near public transit and a light rail station, catering to a strong daytime population. The property is zoned C-2-EA-4 C and is offered for sale by owner with a Net Net Net (NNN) lease type. The asking price is $4,630,000, translating to $115 per square foot. This established center is in close proximity to numerous retail and food service businesses, further enhancing its appeal and potential for continued success. The property's size, location, and amenities make it an ideal investment for those seeking a strong return in a thriving Sacramento market. The property is part of the Florin Square Shopping Center.

    Property Features for 2326 Florin Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    40,260 SF
    Lot Size
    165,092 SF

    HighLights

    • 40,260 SF retail property on a 3.79‑acre lot in Sacramento, CA.
    • High‑traffic location at Florin Rd & 24th St with excellent visibility and accessibility.
    • Prominent monument and building signage, ample parking (206 spaces), and proximity to public transit.
    • C‑2‑EA‑4 C zoning, offered for sale by owner with NNN lease, $4,630,000 asking price ($115/SF).
    • Located within the Florin Square Shopping Center, near other retail and food service businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fit Republic Gym

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4845022
    Latitude
    38.4954855

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    FAQs

    What type of property is this?
    Lifestyle center - Sacramento Shopping Center - $4.63M
    Where is this lifestyle center located?
    The property is located at 2326 Florin Rd Sacramento, CA.
    What is the asking price?
    The asking price for this property is $4,630,000.
    What are key features of this property?
    This property features: 40,260 SF retail property on a 3.79-acre lot in Sacramento, CA.; High-traffic location at Florin Rd & 24th St with excellent visibility and accessibility.; Prominent monument and building signage, ample parking (206 spaces), and proximity to public transit.
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    Sacramento, CA 95822
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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
    2326 Florin Rd Sacramento, CA 95822
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