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Property profile & analytics
OFF-MARKET
Land

7867 Lichen Dr Citrus Heights, CA 95621

1.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.02-acre commercial land parcel in Citrus Heights, CA (APN 209-0680-006-000), is priced at $778,000 ($17.50/SF). Located within the thriving SummerHills Plaza, a 108,081 square foot shopping center anchored by a high-performing Raley's Supermarket and featuring a Dutch Bros Coffee drive-thru, this property boasts excellent visibility and accessibility. The site is zoned SPA, offering a wide range of development possibilities. Its flat, developable pad benefits from existing offsite improvements, including EV charging stations. SummerHills Plaza enjoys a strong tenant mix including Dollar Tree, O'Reilly Auto Parts, Great Clips, Wendy's, USPS, and Round Table Pizza, further enhanced by neighboring national brands such as McDonald's, Carl's Jr., Taco Bell, Popeye's, and Quick Quack Car Wash. The property's strategic location directly off Interstate-80 at Antelope Road ensures high traffic counts and convenient access for customers and employees. This presents a unique opportunity to capitalize on the area's robust demographics and dense infill location. The property's flat topography and existing infrastructure make it ideal for a variety of commercial developments. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 1.02 ac (44,431 SF)
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
Current use
Occupant on record · Public records
  • Summerhill Plaza Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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