Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8281 Sheldon Rd Elk Grove, CA 95624
    Back to Search
    Property profile & analytics

    8281 Sheldon Rd Elk Grove, CA 95624

    View on Map
    • Land
    • 15.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8281 Sheldon Rd

    Lot size
    15.00 lot acres
    Property type
    Land

    Description

    This exceptional 15-acre commercial land parcel presents a unique investment opportunity in the thriving Elk Grove, California market. Situated at 8281 Sheldon Road, in Sacramento County, zip code 95624, this single-tenant property offers significant potential for development. The expansive acreage provides ample space for a variety of commercial uses, catering to the growing needs of the Elk Grove community. Its strategic location ensures high visibility and easy access to major transportation routes, maximizing exposure and convenience for future tenants or businesses. The property is designated as commercial land and is ready for immediate development, offering a blank canvas for ambitious projects. Detailed site plans and zoning information are available upon request. This is an unparalleled chance to acquire a substantial land holding in a dynamic and rapidly expanding area of Northern California. The property's location in Elk Grove offers access to a robust consumer base and a strong local economy. Serious inquiries are encouraged to explore the possibilities of this remarkable commercial land opportunity. The property is located at 38.43805467703697 latitude and -121.39758268112863 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove
    County
    Sacramento
    State
    California
    Longitude
    -121.398
    Latitude
    38.4381

    Comparable in this City

    • Value Estimation by Request
      0.84 Acres

      Waterman Ct

      Land • 5,000 SF
      0 Waterman Ct, Elk Grove, CA 95624
      View Details
    • Value Estimation by Request
      2,230 SF

      QSR2 Nec Waterman Rd & Grant Line Rd

      Restaurants • 2,230 SF
      QSR2 Nec Waterman Rd & Grant Line Rd, Elk Grove, CA 95624
      View Details
    • Value Estimation by Request
      322,344 SF

      Grant Line Rd

      Land • 322,344 SF
      0 Grant Line Rd, Elk Grove, CA 95624
      View Details
    • Value Estimation by Request
      3.47 Acres

      Nwc Bradshaw Rd And Elk Grv Blvd

      Land • 3.47 Acres
      0 Nwc Bradshaw Rd And Elk Grv Blvd, Elk Grove, CA 95624
      View Details
    • Value Estimation by Request
      2,400 SF

      Swc Stockton Blvd And Sheldon Rd

      Individual retail properties • 2,400 SF
      0 Swc Stockton Blvd And Sheldon Rd, Elk Grove, CA 95624
      View Details
    • Value Estimation by Request
      2,800 SF

      QSR1 Nec Waterman Rd & Grant Line Rd

      Restaurants • 2,800 SF
      QSR1 Nec Waterman Rd & Grant Line Rd, Elk Grove, CA 95624
      View Details

    Similar Nearby for Sale

    • $960,000

      Prime Land with Freeway Visibility

      Land with frontage on East Stockton Boulevard, close to freeways.
      8731 Stockton Blvd, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Land at Signalized Intersection

      Land in Elk Grove at Bond and Bradshaw Road.
      9740 Bond Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Commercial Corner Property on Elk Grove

      Prime commercial corner property with high traffic and development potential.
      Bradshaw Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Elk Grove Parcels For Sale

      Six parcels available in Elk Grove for office, industrial, retail.
      1 Waterman Rd, Elk Grove, CA 95624
      View Details

    Similar Nearby for Lease

    • $60 SF/Yr
      2,230 SF

      Grant Line Rd QSR Pad

      Prime QSR Pad, Drive-Thru, High Traffic
      QSR2 Nec Waterman Rd & Grant Line Rd, Elk Grove, CA 95624
      View Details
    • $42 SF/Yr
      3,400 SF

      Elk Grove Restaurant Opportunity

      Prime Elk Grove location, 3,400 sq ft.
      Restaurant Nec Waterman Rd & Grant Line Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Elk Grove Retail Space Available

      Retail spaces and pads for lease in Elk Grove.
      Swc Stockton Blvd And Sheldon Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Elk Grove Retail Development Land

      15-acre retail development opportunity at Hwy 99 & Grant Line.
      99 & Grant Line Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Planned Retail Development on 15.9 Acres

      15.9 acre retail development with anchor, shop, and pad spaces.
      8289 Sheldon Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing

      Improved Land For Lease/Sale

      4.5 AC improved land, excellent development opportunity.
      8973 Grant Line Rd, Elk Grove, CA 95624
      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.
    8281 Sheldon Rd
    Elk Grove, CA 95624
    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
    8281 Sheldon Rd, Elk Grove, CA, 95624
    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!