1417 Howe AveSacramento, CA 95825

Property Details for 1417 Howe Ave

Year built

1972

Construction

WOOD

Lot size

0.40 AC

Property size (Sq ft)

4,970 SF

Zone code

LC

Property type

Retail properties

Property subtype

Retail space

APN

285-0090-015-0000

APU

28500900150000

Description

This exceptional 5,000-square-foot freestanding retail building presents a unique investment opportunity in Sacramento's vibrant Arden-Arcade area. Situated on the highly visible corner of Howe Avenue and Hallmark Drive, this single-tenant property boasts a prime location with excellent street frontage and high traffic counts. The building is a single-story structure, offering convenient access and ample space for a variety of retail uses. Its strategic location within the Arden-Arcade district ensures strong visibility and accessibility for customers. The property's size and configuration make it ideal for a range of businesses seeking a prominent presence in a thriving commercial area. The address is 1417 Howe Ave, Sacramento, CA 95825, within Sacramento County. This is a single-tenant property, offering a straightforward ownership structure and potential for long-term lease stability. The building's total square footage is 5,000 square feet, providing substantial space for a variety of retail operations. The property's location at the intersection of Howe Avenue and Hallmark Drive offers exceptional visibility and accessibility, making it an attractive option for businesses seeking a high-traffic location. This is a rare opportunity to acquire a well-positioned retail property in a desirable Sacramento neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,213,925

  6.5%

  $1,120,546

  7%

  $1,040,507

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,788,234

  Geo Method

  $1,788,234

• Alternative Use

  Use

  Valuation

  Residential

  $945,222

  Hospitality

  $865,819

  Educational

  $720,351

  Medical

  $745,125

  Retail

  $1,120,546

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5916

Longitude

-121.416

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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