6630 Valley Hi DrSacramento, CA 95823

  • Retail properties
  • 23,441 SF
For Lease
$11.88/SF/YR View listing

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
6630 Valley Hi Dr, Sacramento, California

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

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
$24,135
$325,182
$1,442,256
$1,767,438
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