6630 Valley Hi DrSacramento, CA 95823
- Retail properties
- 23,441 SF
Property Details for 6630 Valley Hi Dr
- Year built
- 1967
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.24 AC
- Property size (Sq ft)
- 23,441 SF
- Zone code
- C-2
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 117-0330-008-0000
- APU
- 11703300080000
Description
This exceptional 23,438-square-foot retail property, located at 6630 Valley Hi Dr, Sacramento, CA 95823, presents a significant opportunity. Situated in the South Sacramento submarket, this single-tenant building was constructed in 1972 and sits on a 2.24-acre lot. Currently vacant, the entire space is available for lease. The property boasts a prominent location as an end-cap to a larger, adjacent 46,000-square-foot shopping center, ensuring high visibility and potential for significant foot traffic. A large, single pylon sign remains, offering excellent branding opportunities for the new tenant. The property's previous tenant was Big Lots, indicating its suitability for a similar discount, fitness, or apparel retailer. Annual property taxes are $0.08 per square foot. This prime location offers exceptional potential for a variety of retail businesses seeking a high-traffic, easily accessible space in a well-established commercial area. The expansive square footage and ample land provide flexibility for various configurations and potential expansion. The property's visibility and location make it an attractive investment opportunity for businesses seeking to establish a strong presence in the South Sacramento market.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,796,863
- 6.5%
- $5,350,950
- 7%
- $4,968,740
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,434,203
- Geo Method
- $8,434,203
-
Alternative Use
- Use
- Valuation
- Residential
- $4,513,727
- Hospitality
- $4,134,550
- Educational
- $3,439,897
- Medical
- $3,558,200
- Retail
- $5,350,950
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.4716
- Longitude
- -121.426
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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