6422 Tupelo DrCitrus Heights, CA 95621

  • Retail properties
  • 29,604 SF
For Lease

Property Details for 6422 Tupelo Dr

Year built
1990
Construction
TILT-UP CONCRETE
Lot size
2.94 AC
Property size (Sq ft)
29,604 SF
Zone code
SPA
Property type
Retail properties
Property subtype
Other individual retail properties
APN
209-0311-030-0000
APU
20903110300000

Description

This exceptional retail property, located at 6422 Tupelo Drive in Citrus Heights, California, presents a significant leasing opportunity. Situated in Sacramento County, zip code 95621, this anchor retail space offers multiple tenancy options, ideal for businesses seeking substantial square footage. The property boasts a total of 28,120 square feet, with two individual spaces currently available for lease. The precise square footage of each available space is not specified, but the total available space is substantial, making it suitable for a variety of retail concepts. The property's location in Citrus Heights provides excellent access to a thriving consumer base, ensuring high visibility and foot traffic. This prime retail location offers a unique chance to establish or expand a business within a bustling commercial area. The property type is classified as retail, specifically an anchor space, indicating its prominent position within a larger retail development. Further details regarding lease terms and conditions are available upon request. Interested parties are encouraged to inquire for more information and to schedule a viewing of this exceptional retail opportunity. The property's coordinates are 38.70562112277866 latitude and -121.31455270296601 longitude.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,761,981
    6.5%
    $5,318,752
    7%
    $4,938,841
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,651,685
    Geo Method
    $10,651,685
  • Alternative Use

    Use
    Valuation
    Residential
    $4,486,566
    Hospitality
    $4,109,670
    Educational
    $3,419,198
    Medical
    $3,536,789
    Retail
    $5,318,752
6422 Tupelo Dr, Citrus Heights, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
Citrus Heights
County
Sacramento
State
California
Latitude
38.7056
Longitude
-121.315
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$24,132
$1,196,460
$790,704
$1,987,164
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-
-
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