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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1529 R St Sacramento, CA 95811

Property ID
Property summary
AI-generated overview

This exceptional 1,730-square-foot retail space is ideally situated at 1529 R Street in Sacramento's vibrant Midtown submarket, at the northwest corner of 16th and R Streets. The single-tenant ground floor property boasts high visibility and is directly adjacent to a large government building housing over 2,000 employees of the Department of Corrections and Rehabilitation, ensuring a substantial daytime population. Across the street from West Elm in the Ice Blocks development, this location benefits from the dense concentration of residents and businesses in Midtown, known for its thriving arts, entertainment, dining, and nightlife scenes. Midtown's popularity as a "live-work-play" destination is further amplified by recent large-scale developments such as the Sutter Medical Center expansion, Ice Blocks, and Eviva, contributing to a consistently growing population and increased foot traffic. The property's strategic position within the R Street corridor places it at the heart of ongoing urban redevelopment efforts, promising continued growth and increased value in the future. This prime location offers unparalleled access to a diverse customer base and significant potential for success. The property is currently vacant and ready for immediate occupancy. The zip code is 95811.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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