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    5800 Madison Ave Carmichael, CA 95841
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    5800 Madison Ave, Carmichael, CA 95841

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    • Retail properties & Spaces
    • 46,237 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5800 Madison Ave

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional retail center, located at 5800 Madison Ave in Carmichael, CA 95841, offers a prime opportunity for businesses seeking high-visibility space in a thriving Sacramento County community. The Madison & Manzanita Retail Center boasts a total of 46,237 square feet, with a variety of suite sizes available. Currently, 17,934 square feet of retail space is available for lease, with minimum divisible space starting at 900 square feet and maximum contiguous space up to 5,000 square feet. The property is ideally suited for a range of retail and restaurant uses, offering ample storefront and end cap retail options. The center provides convenient access and ample parking for customers, with a total of 220 parking spaces available. Its location in Carmichael, Sacramento County, ensures high foot traffic and visibility within a densely populated area. This is an excellent opportunity to establish or expand your business in a vibrant and accessible retail environment. Download the brochure for detailed suite information and floor plans. The property is classified as multi-tenant.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carmichael
    County
    Sacramento
    State
    California
    Longitude
    -121.328
    Latitude
    38.6596

    Comparable in this City

    • Value Estimation
      $2,835,000
      14,490 SF

      5020 Madison Ave

      RETAIL STORES (PERSONAL SERVICES)
      5020 Madison Ave, Sacramento, CA 95841-2605
      View Details
    • Value Estimation
      $1,760,000
      9,000 SF

      6300 Garfield Ave

      RETAIL STORES (PERSONAL SERVICES)
      6300 Garfield Ave, Sacramento, CA 95841-5401
      View Details
    • Value Estimation
      $1,550,000
      7,915 SF

      5820 Auburn Blvd

      RETAIL STORES (PERSONAL SERVICES)
      5820 Auburn Blvd, Sacramento, CA 95841-2908
      View Details
    • Value Estimation
      $910,000
      5,600 SF

      4825 Auburn Blvd

      RETAIL STORES (PERSONAL SERVICES)
      4825 Auburn Blvd, Sacramento, CA 95841-3603
      View Details
    • Value Estimation
      $1,000,000
      6,022 SF

      4701 Madison Ave

      RETAIL STORES (PERSONAL SERVICES)
      4701 Madison Ave, Sacramento, CA 95841-2558
      View Details
    • Value Estimation
      $855,000
      5,769 SF

      4558 Auburn Blvd

      RETAIL STORES (PERSONAL SERVICES)
      4558 Auburn Blvd, Sacramento, CA 95841-4203
      View Details

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    Similar Nearby for Lease

    • $0.90 SF/Yr

      Retail Space For Sublease

      Retail space available in established shopping center on commercial corridor.
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      1,813 SF

      Retail Spaces Available Near Interstate 80

      Retail spaces available near Interstate 80 and Century 16 Theaters.
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      1,800 SF

      Retail/Office Space Near I-80

      Remodeled retail/office space with ample parking and high visibility.
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      Retail Space in Established Center

      Retail space available in established shopping center with high visibility.
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      Sacramento Retail Space For Lease

      Retail space available for lease in Sacramento, California.
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      Retail Space For Sublease

      Retail space available for sublease in established shopping center.
      5800 Madison Ave, Sacramento, CA 95841
      View Details
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    Carmichael, CA 95841
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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