1236 Arden Way Sacramento, CA 95815-3303
- Office buildings
- 4,000 SF
- 0.39 lot acres
Sep 27, 2021
Current Use by Public Records
- MPA Motors / Car Dealer
- GMPfood / Photographer / Photography Studio
- GoldenEraAuto / Used Car Dealer
- Phantom Auto / Used Car Dealer
- SAC AUTO GROUP / Used Car Dealer
Property Details for 1236 Arden Way
- Year built
- 1975
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.39 lot acres
- Property size
- 4,000 SF
- Zone code
- M-1
- Property type
- Office buildings
- APN
- 277-0243-003-0000
- APU
- 27702430030000
Description
This exceptional 4,000 square foot light industrial building, situated on a 0.39-acre lot at 1236 Arden Way in Sacramento, CA 95815, presents a compelling investment opportunity. Boasting a prime location at the intersection of Arden Way and Blumenfield Drive, near Highway 160 and Interstate 80, this property offers unparalleled visibility and accessibility. The building, completely renovated in 2022, features an ADA-compliant entry and modern interior. Over 50% of the building is currently leased, providing immediate income potential. A significant 1,660 square feet of space in the front corner is available for lease, featuring large windows for ample natural light and maximum exposure. The property benefits from prominent monument and building signage, ensuring high visibility from the Interstate ramp and Arden Way. Its strategic location places it in close proximity to major retail, office, and industrial businesses, including Arden Fair Mall and Cal Expo, with easy access to Downtown/Midtown Sacramento and Sacramento International Airport. The M-1 Light Industrial zoning allows for a variety of uses. This is an ideal owner-user opportunity with strong leasing potential, making it a highly attractive investment in a thriving Sacramento location. The asking price is $1,200,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $970,000
- 6.5%
- $895,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $847,000
- AI Estimate
- $603,000
Market price range: $558k - $848kMarket price range: $114k - $677k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $695,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,255,000 Change: +81% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,025,000 Change: +47% Conversion: Difficult
- MEDICAL BUILDING
- $1,020,000 Change: +47% Conversion: Easy
- COMMERCIAL (GENERAL)
- $945,000 Change: +36% Conversion: Easy
- WAREHOUSE, STORAGE
- $560,000 Change: -20% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.438
- Latitude
- 38.6047
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA