Property profile

1001 Bidwell St Folsom, CA 95630

OFF-MARKET
Retail space
Property ID
US09-2429768
9,600 SF 0.64 ac lot Built 1991
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This turnkey business opportunity presents a chance to acquire a well-established and profitable boba tea shop in Folsom, California. Located at 1001 E Bidwell St, 95630, this 1,008 square foot shop sits on a 27,795 square foot lot zoned C-2PD. The business, operating since 2020, boasts a strong online ordering presence and benefits from a high-traffic location. Priced at $130,000, it offers a compelling 58.5% cap rate with a current NOI of $63,627. The sale includes all trade fixtures and personal property, allowing for immediate operation. The buyer will assume the existing lease and employees, with the current owner providing training and assistance with the transition. While currently operating under the Sunright Tea Studio franchise (franchise agreement not included in sale), the buyer will need to rebrand and source supplies independently. The business entity is debt-free, making this a low-risk, high-reward investment opportunity. The property's APN is 071-0980-008-0000. This is a single-unit business built in 1991.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Construction WOOD
Total area 9,600 SF
Lot 0.64 ac (27,795 SF)
Zoning code C-2 (PD)
APN 071-0980-008-0000
UPID US09-2429768

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Discount Store
  • Restaurant
  • Construction Company
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Landscaping General Contractor

Location

1001 Bidwell St Folsom, CA 95630-5549
Folsom metro Census 8403 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.83M

Owner & transaction history

since 2022
Last sale
$9.1M
7 recorded transactions
2022
$9.1M
2020
Price N/A
2014
Price N/A
2013
$4.1M
2011
$5.0M
2004
Price N/A
1998
Price N/A

Zoning & alternative use

C-2 (PD) · Folsom, CA
Top alternative use upside
Neighborhood: shopping center $7.0M +126.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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