Technical
Financial
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Property profile

7867 Lichen Dr Citrus Heights, CA 95621

OFF-MARKET
Land
1.02 ac lot
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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

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

7867 Lichen Dr Citrus Heights, CA 95621
Citrus Heights metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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