6705 Fair Oaks Blvd Carmichael, CA 95608
6705 Fair Oaks Blvd, Carmichael, CA, 95608
Contact for pricing
For Sale
Contact for pricing
Storefront properties
Property Size10,380 SF
Price / SF$189.02
Days on Market1173
Property Features for 6705 Fair Oaks Blvd
General Information
- Standard status
- Active
- Size
- 10,380 SF
- Property subtype
- Retail
Listing Agency
Ethan Conrad Properties Inc
(530) 588-4538
Listed by
Race Merritt · License #CalDRE #01700659
Source
Crexi
Added: May 3, 2023 Checked: Jul 15 at 8:29 pm
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 Ethan Conrad Properties Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent visibility and access at a signalized intersection (Fair Oaks Blvd and Stanley Ave).
- Strategic location on the major arterial through Carmichael.
- High traffic exposure.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $204.3k | $19.68 |
| − Vacancy | −$11.2k | −$1.08 |
| EGI | $193.0k | $18.60 |
| − OpEx | −$57.9k | −$5.58 |
| NOI | $135.1k | $13.02 |
10,380 SF · lease $19.68/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.93M
$1.69M – $2.25M
NOI $135,130 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.77M
$2.42M – $3.23M
NOI $193,569 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Aurelia's Flower Shop — 7330 Fair Oaks Blvd #5, Carmichael, CA 95608
- Growing joy gardens — 3611 Casa Rosa Way, Carmichael, CA 95608
- Ambiance Florist - Flower Delivery Carmichael CA — 4001 Fair Oaks Blvd, Carmichael, CA 95608
- Just Flowers — 6549 fair oaks blvd, carmichael, ca 95608
- Flori-Culture — 7621 Fair Oaks Blvd, Carmichael, CA 95608
FAQs
Where is this storefront property located?
The property is located at 6705 Fair Oaks Blvd Carmichael, CA.
What is the asking price?
The asking price for this property is $1,962,000.
What are key features of this property?
This property features: Excellent visibility and access at a signalized intersection (Fair Oaks Blvd and Stanley Ave).; Strategic location on the major arterial through Carmichael.; High traffic exposure.
