Building Details

Year Built 1981

Abandoned No

Listing Agency: CBRE - Roseville

Listed By: Scott Rush · License #01228497 Show Phone

Source: Crexi

Added: Aug 17 Changed: Oct 5 Last Checked: Oct 12 at 8:06PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Roseville

Investment Insights

Based on property information with market context.

This automotive property at 9515 Greenback Lane in Folsom, California, contains 17,400 square feet and was built in 1981. The site is zoned C-3, providing a defined commercial zoning designation for the existing automotive-oriented asset. Owner financing is available.

Key Highlights

• 17,400‑square‑foot automotive property
• C‑3 zoning designation
• Built in 1981

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$226,519

Cap Rate

6.47%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,530,380 $4.5M

Cap Rate 7%

$3,235,986 $3.2M

Cap Rate 9%

$2,516,878 $2.5M

Market Conditions

NOI Build-Up for 17,400 SF

Gross rent

$342.4K $19.68/SF

− Vacancy

−$18.8K −$1.08/SF

EGI

$323.6K $18.60/SF

− OpEx

−$97.1K −$5.58/SF

NOI

$226.5K $13.02/SF

Area

Sacramento County, CA

Vacancy

5.50%

Lease Rate

$19.68 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,530,380

Cap Rate 7%

$3,235,986

Cap Rate 9%

$2,516,878

Alternative Uses

Best Use

Retail

$3.24M

$2.83M – $3.78M (±1% cap)

NOI $226,519 @ 7.0% cap · market cap 6.47%

Second Best

Industrial

$1.57M

$1.37M – $1.83M (±1% cap)

NOI $109,912 @ 7.0% cap · market cap 3.14%

Theoretical Best

Office A

$4.64M

$4.06M – $5.41M (±1% cap)

NOI $324,480 @ 7.0% cap · market cap 9.27%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triple Crown Auto ... Auto Repair Shop Triple Crown Auto ... Car Dealership

Suggested Use

Top Pick Law Firm Restaurant Pharmacy Parking Lot & Garage HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

586

Businesses Nearby

89k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 46% Shops & Services 40% Home Improvements & Furnishings 13% Beauty & Spa 1%

AMPM Shops & Services

11,783 visits/mo 0.5 miles

Starbucks Dining

11,644 visits/mo 0.2 miles

American River Ace Hardware Home Improvements & Furnishings

11,637 visits/mo 0.2 miles

Jack in the Box Dining

9,000 visits/mo 0.0 miles

7-Eleven Shops & Services

6,879 visits/mo 0.4 miles

Demographics for 95630, CA

74,787

Population

30,106

Households

2.5

Avg Household Size

41

Median Age

59%

College-Educated

97%

High-School Grad

26.2 sq mi

ZIP Area

2,854

Density / Sq Mi

$139,182

Median Household Income

$74,786

Median Earnings

$2,280

Median Rent

$702,200

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this automotive properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Automotive property - The property carries a C-3 zoning designation.

Where is this automotive property located?

The property is located at 9515 Greenback Lane Folsom, CA.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: 17,400‑square‑foot automotive property; C‑3 zoning designation; Built in 1981