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Property profile & analytics
OFF-MARKET Estimated value $1,715,000
Strip malls

11015 Olson Dr Rancho Cordova, CA 95670-5654

11,712 SF 1.28 ac lot Built 1988
Individually Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US09-2993644
Property summary
AI-generated overview

This exceptional retail space, located at 11015 Olson Drive in Rancho Cordova, California (zip code 95670), offers a prime opportunity for businesses seeking high visibility and foot traffic. The property is situated within the Korean Plaza Shopping Center, a well-established center anchored by an International Market, ensuring consistent customer flow. The building itself boasts a total of 11,208 square feet, with 5,500 square feet currently available for lease. The flexible space allows for various configurations, ranging from 960 to 4,488 square feet, catering to a variety of business needs. Its strategic location places it along the main commercial thoroughfare leading to Target and the United States Postal Service, guaranteeing significant exposure to a large customer base. The existing tenant mix within the shopping center comprises a diverse range of professional businesses, creating a synergistic and thriving commercial environment. This property presents a unique chance to establish or expand a business in a high-demand area with excellent accessibility and strong community presence. The single-tenant occupancy provides flexibility and control, making it an ideal location for a variety of retail ventures. Don't miss this opportunity to secure a prominent retail space in a thriving Rancho Cordova commercial hub.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction TILT-UP CONCRETE
Total area 11,712 SF
Lot 1.28 ac (55,756 SF)
Zoning code CMU (FBSP)
APN 072-0280-022-0000
UPID US09-2993644
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
  • Happy Niyama (Bike/Boat/Book/etc) Store
  • Jackson Hewitt Tax Service Accounting Firm Tax Preparation
  • Kumon Math and Reading Center of RANCHO CORDOVA Tutoring Service
  • Behmardi Kalantari Chiropractic, P.C. Alternative Medicine Practice
  • Healthy Hair Plus Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.30M
Comparable Approach Comparable
$2.22M
Blend (final) Blend
$1.72M
Owner & transaction history
Wada,tr · 23 yrs held
Wada,tr
since 2002
5 recorded transactions
2002
Price N/A
2002
Price N/A
2002
Price N/A
1989
Price N/A
1988
$776,000
Zoning & alternative use
CMU (FBSP) · Rancho Cordova, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is intended to designate property for vibrant commercial and mixed-use development. While a predominantly commercial district, the CMU category is designed to provide for the integration of retail and service commercial uses with office and/or residential uses. In multiple-story buildings, retail uses are the predominant use on the ground floor

Zone name Commercial Mixed Use Folsom Boulevard Specific Plan
General category MIXED_USE
Zone area 255.07 ac
Source Realmo
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