1529 R St Sacramento, CA 95811
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.