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Property profile & analytics
OFF-MARKET Estimated value $9,135,000
Strip malls

1006 Riley St Folsom, CA 95630-3266

56,200 SF 5.64 ac lot Built 1992
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US09-0233518
Property summary
AI-generated overview

This exceptional 3,127 square foot retail space is available for lease in a thriving Folsom location. Situated within an existing and operational 24 Hour Fitness gym, this property presents a unique opportunity for businesses in the health, wellness, and fitness sectors. Ideal uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and the sale of sport, health, and wellness products and accessories, including workout apparel. The landlord will consider other complementary fitness and sports uses. Please note that uses involving on-site food and beverage preparation, pole dancing classes, or those requiring extensive construction or utility upgrades are not permitted. This all-inclusive lease includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). The property is located in the Folsom submarket cluster of Sacramento, offering excellent access to a large and active customer base. This is a rare opportunity to establish a business within a high-traffic, established fitness facility. Contact us today to learn more about this exceptional retail space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1992
Total area 56,200 SF
Lot 5.64 ac (245,678 SF)
Zoning code C-2 PD
APN 071-0690-028
UPID US09-0233518
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 24 Hour Fitness Gym & Fitness Center
  • Sacramento Skills Academy Gym & Fitness Center
  • SafeSplash Swim School - Folsom Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.00M
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.14M
Owner & transaction history
CENTRAL HOLDINGS FOLSOM
CENTRAL HOLDINGS FOLSOM
Zoning & alternative use
C-2 PD · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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