Financial
Distress signals
Property profile

4241 Marconi Ave Sacramento, CA 95821

FOR LEASE
Grocery and convenience stores
Property ID
US09-0775213
17,272 SF 1.41 ac lot Built 2010
Last sale Oct 2021 · $10,125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding, single-tenant commercial building configured for pharmacy use, historically associated with Rite Aid operations, and includes a drive-through. It was completed in 2009. The building is located at 4241 Marconi Ave in Sacramento, California, at the intersection of Marconi Ave and Eastern Ave. The property is described as being subject to a net lease (NNN) structure, with the building designed for long-term operational occupancy characteristics, and features a site layout accommodating drive-through access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$102k
Tax billed · 2024
Assessed value$8.51M
Assessed land$1.66M
Assessed improvement$6.85M
Effective rate1.20%

Value estimate

· Sep 2026
$12.66M
$11.39M – $13.93M
AI approach$10.39M
Submarket $/SF estimate$10.91M
NOI build-up
Gross scheduled income$406k
Vacancy & credit loss−$24k
Operating expenses−$115k
NOI · 1,730,445.74% cap applied$268k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$412/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$107 – $632
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,730,445.74%
$268k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SC
The purpose of the SC zone is to provide a wide range of goods and services to the community.
General categoryCOMMERCIAL
JurisdictionSACRAMENTO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.8
Realty agency21.3
Wholesale Shop13.8

Location

4241 Marconi Ave Sacramento, CA 95821
County assessor Recorded deeds · 13 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2540 Watt, Sacramento, CA 95821-6312 $2,975,000 Jan 2025 13,941 SF
3438 Watt, Sacramento, CA 95821-3613 $2,250,000 Aug 2024 21,112 SF
2620 Elvyra, Sacramento, CA 95821 $2,175,000 Dec 2022 29,760 SF
2805 Marconi, Sacramento, CA 95821-5219 $62,150,000 Nov 2021 11,829 SF
2645 El Camino, Sacramento, CA 95821-5942 $3,949,000 Nov 2020 12,600 SF
3300 Auburn, Sacramento, CA 95821-1900 $1,030,000 Jul 2019 14,403 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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