10826 Olson Dr Rancho Cordova, CA 95670
- Retail space
- 9,818 SF
- 0.91 lot acres
Current Use by Public Records
- Results Transformation Center / Fitness Center / Personal Trainer
Property Details for 10826 Olson Dr
- Year built
- 2001
- Construction
- WOOD
- Lot size
- 0.91 lot acres
- Property size
- 9,818 SF
- Zone code
- CMU (FBSP)
- Property type
- Retail space
- APN
- 072-0280-052-0000
- APU
- 7202800520000
Description
This exceptional 9,818 square foot retail building in Rancho Cordova, CA, presents a prime investment or owner-user opportunity. Located on Olson Drive, this single-story, 2001-built structure sits on a 39,640 square foot lot (APN 072-0280-052) and features freeway-visible monument signage, maximizing visibility and attracting significant consumer traffic. The property is zoned Commercial Mixed-Use under the Folsom Blvd Specific Plan (CMU) (FBSP), offering flexibility for various retail uses. With three units currently vacant, this presents a blank canvas for a new business or an expansion opportunity. The building benefits from its strategic location near major thoroughfares like US-50 and I-80, ensuring easy access for customers and employees. Rancho Cordova boasts a strong local economy, with a population of 75,000 within a 3-mile radius and 210,000 within 5 miles, providing a robust consumer base. The area is also home to numerous established businesses, including Starbucks, Ross, and Marshalls, creating a thriving retail environment. This property offers unparalleled consumer reach and a business-friendly environment, making it an ideal investment in a rapidly growing community. The asking price is $1,990,000 ($202.69/SF).
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,155,000
- ML approach
- $1,250,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,130,000
- 6.5%
- $1,965,000
- 7%
- $1,825,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,604,000
Market price range: $1.20M - $3.57M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,260,000 Current use
- MEDICAL BUILDING
- $2,555,000 Change: +13% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,535,000 Change: +12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,295,000 Change: +2% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,945,000 Change: -14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Rancho Cordova
- County
- Sacramento
- State
- California
- Longitude
- -121.286
- Latitude
- 38.5929
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
