1001 Bidwell St Folsom, CA 95630-5549
- Retail space
- 9,600 SF
- 0.64 lot acres
Current Use by Public Records
- The Donut Shop / Donut Shop
- Chipotle Mexican Grill / Fast Food Restaurant / Mexican Restaurant
- Intek Сonstruction Company / Construction Company / Demolition Contractor
- oura vape & smoke shop / Vaporizer Store / Smoke Shop
- The Backyard Experience / Landscape Designer
Property Details for 1001 Bidwell St
- Year built
- 1991
- Construction
- WOOD
- Lot size
- 0.64 lot acres
- Property size
- 9,600 SF
- Zone code
- C-2 (PD)
- Property type
- Retail space
- APN
- 071-0980-008-0000
- APU
- 7109800080000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,830,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,790,000
- 6.5%
- $8,755,000
- 7%
- $9,180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,795,000
- Geo Method
- $8,960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,820,000
- Retail
- $11,510,000
- Mixed-Use
- $8,560,000
- Hospitality
- $11,485,000
- Educational
- $9,125,000
- Residential Income
- $10,755,000
- Energy
- $10,475,000
- Income-Based Land
- $8,830,000
- Food Service
- $9,280,000
Location Insight
- Map
- Local Demand
- City
- Folsom
- County
- Sacramento
- State
- California
- Longitude
- -121.156
- Latitude
- 38.6696
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
