7867 Lichen Dr Citrus Heights, CA 95621
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.
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Summerhill Plaza Shopping Center & Mall
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.