4840 Watt AveNorth Highlands, CA 95660

  • Land
  • 0.38 AC
For Lease

Property Details for 4840 Watt Ave

Lot size
0.38 AC
Zone code
SPA
Property type
Land
Property subtype
Commercial land
APN
240-0011-020-0000
APU
24000110200000

Description

This exceptional ±1.46-acre commercial land parcel presents a prime investment opportunity in Sacramento County. Located at the highly visible intersection of Watt Avenue and Myrtle Avenue, this property boasts exceptional visibility and accessibility, benefiting from significant daily traffic counts. The site is zoned SPA and has already received approval for the development of a fuel and convenience store, streamlining the permitting process for a qualified buyer. This makes it ideal for developers seeking a build-to-suit project or those interested in a long-term ground lease. The property's single-tenant designation offers simplicity and control, while its location within a high-density area ensures strong potential for high returns. The surrounding area features robust neighboring businesses, further enhancing the property's value and appeal. This is a rare chance to acquire a strategically positioned commercial land parcel in a thriving Sacramento County market, ready for immediate development or lease. The ±1.46 acres offer significant potential for a variety of commercial uses, making it an attractive proposition for investors and developers alike. Don't miss this opportunity to secure a piece of Sacramento's vibrant commercial landscape. Contact us today to learn more about this exceptional property and explore the possibilities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,055,395
    Hospitality
    $2,798,725
    Educational
    $2,328,506
    Medical
    $2,408,588
    Retail
    $3,622,122
4840 Watt Ave, North Highlands, California
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Location Insight

City
North Highlands
County
Sacramento
State
California
Latitude
38.6539
Longitude
-121.382
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
$4,546
$150,190
-
$150,190
-
-
-
-

FAQs

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