Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5900 Sunrise Blvd Citrus Heights, CA 95610
    Back to Search
    Property profile & analytics

    5900 Sunrise Blvd, Citrus Heights, CA 95610

    View on Map
    • Retail properties & Spaces
    • 257,584 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Spirit Halloween / (Bike/Boat/Book/etc) Store

    Property Details for 5900 Sunrise Blvd

    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional investment opportunity presents a substantial 257,584 square foot vacant storefront for sale. Located at 5900 Sunrise Blvd, Citrus Heights, CA 95610, this two-story building sits on approximately 10 acres of land at the intersection of Sunrise Blvd and Greenback Lane in Sacramento County. This high-traffic location is situated at the second busiest intersection in Sacramento County, between a major employment center. The property, formerly a Sears, includes an Auto Center and Parts & Service buildings. The asking price is $16,301,936, representing a price per square foot of $68. The land value is also priced at $68 per square foot. The property is offered as a NNN lease and is currently vacant. Ample parking is available with approximately 768 spaces, offering a parking ratio of approximately 4 per 1,000 square feet for the first and second floors, and 2 per 1,000 square feet for the lower level. This presents a unique chance to acquire a significant retail space in a high-demand area. The property's size and location make it ideal for a variety of retail uses. Don't miss this opportunity to own a piece of Sacramento County's thriving retail market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Citrus Heights
    County
    Sacramento
    State
    California
    Longitude
    -121.269
    Latitude
    38.6727

    Comparable in this City

    • Value Estimation by Request
      19,294 SF

      6049 San Juan Ave

      Individual retail properties
      6049 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Value Estimation by Request
      9,500 SF

      8500 Auburn Blvd

      Neighborhood centers
      8500 Auburn Blvd, Citrus Heights, CA 95610
      View Details
    • Value Estimation by Request
      245,000 SF

      Nec Sunrise Blvd & Greenback Ln

      Individual retail properties
      0 Nec Sunrise Blvd & Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Value Estimation by Request
      1,113,142 SF

      6041 Sunrise Blvd

      Shopping malls
      6041 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
    • Value Estimation by Request
      43,600 SF

      6124 San Juan Ave

      Lifestyle centers
      6124 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Value Estimation
      $570,000
      3,960 SF

      6201 Birdcage St Ste A

      RETAIL STORES (PERSONAL SERVICES)
      6201 Birdcage St Ste A, Citrus Heights, CA 95610-8044
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,346 SF

      Multi-Tenant Retail Building For Sale

      Multi-tenant retail building with high visibility and monument signage.
      5411-5415 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      3,065 SF

      Freestanding Retail/Industrial Building For Rent

      Freestanding retail/industrial building on Greenback Lane retail corridor.
      7552 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space on Sunrise Boulevard

      Retail property available for lease in Citrus Heights, California.
      7010 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      163,548 SF

      Former Sears Building at Sunrise

      Former Sears building with auto center in Citrus Heights, CA.
      5900 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      43,600 SF

      Citrus Heights Retail Center

      Prime retail space, high traffic area.
      6124 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      3,810 SF

      AM/PM & Arco Investment Property

      Corporate-signed, absolute NNN leased AM/PM & Arco in Citrus Heights.
      7560 Sunrise Blvd, Citrus Heights, CA 95610
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Retail Space on Greenback Lane

      Retail spaces available in Citrus Heights, ranging from 900-2,300 SF.
      8075-8085 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Citrus Heights

      Retail space available in established shopping center with high visibility.
      6035 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      1,470 SF

      Retail Space in Citrus Heights

      Retail space available in a busy Citrus Heights location.
      7855 Madison Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available for lease in Citrus Heights, CA.
      7841 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      1,770 SF

      Retail Space Near Sunrise Mall

      Retail space with monument and building signage near Sunrise Mall.
      8095 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space in Citrus Heights

      Retail space available in a busy neighborhood shopping center.
      6400 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5900 Sunrise Blvd
    Citrus Heights, CA 95610
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5900 Sunrise Blvd, Citrus Heights, CA, 95610
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!