707 J StSacramento, CA 95814

  • Healthcare properties
  • 3,200 SF
For Lease

Property Details for 707 J St

Year built
1900
Construction
TILT-UP CONCRETE
Lot size
0.04 AC
Property size (Sq ft)
3,200 SF
Zone code
C-3-SPD
Property type
Healthcare properties
Property subtype
Medical offices
APN
006-0034-014-0000
APU
600340140000

Description

This exceptional 3,200 square foot commercial property, located at 707 J Street in Sacramento, California, presents a unique investment opportunity. The building features a versatile layout suitable for a variety of retail or office uses, previously configured as a dental office. The property boasts three stories plus a basement, offering ample space for expansion or customization to meet specific business needs. Its prime location in the heart of Downtown Sacramento ensures high visibility and accessibility, placing it within walking distance of the Golden 1 Center, home to the Sacramento Kings and a hub for numerous concerts and events. This translates to a substantial daytime population and significant foot traffic, creating an ideal environment for a thriving business. The property's proximity to California's state capital, less than half a mile away, further enhances its appeal and potential for success. Situated in Sacramento County, zip code 95814, this property offers a blend of historical charm and modern convenience, making it an attractive proposition for discerning investors and businesses seeking a prominent presence in a vibrant urban setting. The single-tenant occupancy provides flexibility and control, while the building's size and layout offer significant potential for future growth and development.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $980,858
    6.5%
    $905,407
    7%
    $840,735
  • Comparable approach

    Method
    Valuation
    Relative Method
    $456,896
    Geo Method
    $456,896
  • Alternative Use

    Use
    Valuation
    Residential
    $1,122,705
    Hospitality
    $1,028,392
    Educational
    $855,610
    Medical
    $885,036
    Retail
    $1,330,949
707 J St, Sacramento, California
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Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5815
Longitude
-121.497
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,989
$149,154
$192,665
$341,819
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FAQs

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