Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sec Waterman Rd & Vintage Park Dr Sacramento, CA 95829
    Back to Search
    Property profile & analytics

    Sec Waterman Rd & Vintage Park Dr Sacramento, CA 95829

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

    Current Use by Public Records

    • Land

    Property Details for 0 Sec Waterman Rd & Vintage Park Dr

    Lot size
    1.98 lot acres
    Property type
    Land

    Description

    This ±1.98-acre commercial land parcel presents a compelling development opportunity in Sacramento, CA's desirable Vintage Park area. Strategically located on the southeast corner of Vintage Park Drive and Waterman Road, the property boasts exceptional visibility and accessibility. Zoned Commercial (SC), this site offers significant potential for a variety of commercial uses, including but not limited to retail, office, or multi-family residential developments such as apartments or senior housing. The property's location within a rapidly growing area, close to Elk Grove and Vineyard Planned Communities, ensures strong demographics and high traffic counts. With approximately 11,475 homes planned or under construction within a 5-mile radius, this location offers a robust and expanding consumer base. The parcel consists of two APNs: 121-0430-019 (approximately 1.02 acres) and 121-0430-020 (approximately 0.96 acres). This prime location and flexible zoning make this an exceptional investment for developers seeking a high-growth market. The property's proximity to major thoroughfares and established residential communities ensures strong visibility and convenient access for potential tenants and customers. This is an ideal opportunity to capitalize on the continued expansion and development within this thriving Sacramento County area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.353
    Latitude
    38.4639

    Comparable in this City

    • Value Estimation by Request
      20.00 Acres

      Gerber Rd And Waterman Rd

      Land • 20.00 Acres
      0 Gerber Rd And Waterman Rd, Sacramento, CA 95829
      View Details
    • Value Estimation by Request
      0.65 Acres

      Elk Grv Florin Rd

      COMMON AREA (COMMERCIAL) • 0.65 Acres
      Elk Grv Florin Rd, Sacramento, CA 95829
      View Details
    • Value Estimation by Request
      0.19 Acres

      Elk Grv Florin Rd

      COMMON AREA (COMMERCIAL) • 0.19 Acres
      Elk Grv Florin Rd, Sacramento, CA 95829
      View Details
    • Value Estimation by Request
      39.09 Acres

      Hedge Ave

      QUARRIES (SAND, GRAVEL, ROCK) • 39.09 Acres
      Hedge Ave, Sacramento, CA 95829
      View Details
    • Value Estimation
      $620,000
      3.92 Acres

      6650 Mattos Ln

      INDUSTRIAL - VACANT LAND • 3.92 Acres
      6650 Mattos Ln, Sacramento, CA 95829-9309
      View Details
    • Value Estimation by Request
      9.68 Acres

      6210 Mayhew Rd

      QUARRIES (SAND, GRAVEL, ROCK) • 9.68 Acres
      6210 Mayhew Rd, Sacramento, CA 95829-9310
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sacramento Land Parcel For Sale

      31 acres of land in the path of growth.
      7300 Excelsior Rd, Sacramento, CA 95829
      View Details
    • Contact for pricing

      Sacramento Land Parcel For Sale

      19.6 acre land parcel available in Sacramento, California.
      9400 Rogers Rd, Sacramento, CA 95829
      View Details
    • Contact for pricing
      18 SF

      Power Inn Submarket Land

      Approximately 18.34 acres of land in Power Inn Submarket.
      6200 Hedge Ave, Sacramento, CA 95829
      View Details
    • Contact for pricing

      Bradshaw Road Commercial Land Available

      Commercial land with high traffic counts on Bradshaw Road.
      7619 Bradshaw Rd, Sacramento, CA 95829
      View Details
    • Contact for pricing

      Sacramento Industrial Land For Sale

      3.36 acre industrial reserve parcel with freeway access.
      9072 Osage Ave, Sacramento, CA 95829
      View Details
    • Contact for pricing

      Development Opportunity in Sacramento, CA

      Excellent development opportunity near Elk Grove City line.
      Sec Waterman Rd & Vintage Park Dr, Sacramento, CA 95829
      View Details

    Similar Nearby for Lease

    • $0.15 SF/Yr

      Land For Rent Sacramento

      Land available for rent in Sacramento, California.
      9351 Elder Creek Rd, Sacramento, CA 95829
      View Details
    • Contact for pricing

      Gravel Yard for Heavy Equipment

      Five acre graveled yard approved for heavy equipment storage.
      6350 Bradshaw Rd, Sacramento, CA 95829
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Sacramento

      4,000 square foot retail space available for rent.
      8339 Elk Grove Florin Rd, Sacramento, CA 95829
      View Details
    • Contact for pricing
      3,625 SF

      Sacramento Medical Office Space

      Modern Suites, 805-2820 SF Available
      9296 Vintage Park Dr, Sacramento, CA 95829
      View Details
    • Contact for pricing

      Gated Yard and Building Available

      Fenced yard and building for lease near Highway 50.
      6650 Mattos Ln, Sacramento, CA 95829
      View Details
    • Contact for pricing
      115,468 SF

      Sacramento Warehouse with Secured Yard

      115,468 SF build-to-suit warehouse with secured yard for lease.
      8981 Osage Ave, Sacramento, CA 95829
      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.
    Sec Waterman Rd & Vintage Park Dr
    Sacramento, CA 95829
    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
    Sec Waterman Rd & Vintage Park Dr, Sacramento, CA, 95829
    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!