2650 El Centro Rd Sacramento, CA 95833
- Retail properties
- 1,759,388 SF
- 40.39 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2650 El Centro Rd
- Lot size
- 40.39 lot acres
- Property size
- 1,759,388 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional investment opportunity presents a 40.39-acre, Class A mixed-use development site in Sacramento, CA, at 2650 El Centro Rd, 95833. Zoned MU-40, this entitled land offers a compelling blend of commercial and retail space, totaling 1,925,600 net rentable square feet. The asking price is $300,000,000, representing a price per square foot of $19.98 and a price per acre of $875,000. The property boasts a 5.11% cap rate and a projected NOI of $17.91 million. This owner-user investment features a 12-year gross lease with credit-rated tenants across multiple tenancies. The site includes 1,814 parking spaces and is situated within a master-planned community, benefiting from a mile-long canal offering recreational opportunities. Its proximity to downtown Sacramento (5 miles, 10 minutes) and its sustainable design elements, including a net-zero electricity goal and urban farm green belt, further enhance its appeal. This is a rare opportunity to acquire a large-scale, high-return development in a thriving Sacramento location. The property is held in trust and is for sale by owner. APN: 225-0210-008-0000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.546
- Latitude
- 38.6144
