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Property profile & analytics

1721 Del Paso Boulevard Sacramento, CA 95815

  • Retail space
  • 6,800 SF
  • 0.17 lot acres
For Sale
Last Sale
May 17, 2024
$325,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-1124976
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 1721 Del Paso Boulevard

Year built
1930
Construction
TILT-UP CONCRETE
Lot size
0.17 lot acres
Property size
6,800 SF
Zone code
C-2-SPD
Property type
Retail space
APN
275-0091-011-0000
APU
27500910110000

Description

This exceptional 6,800 square foot commercial property, situated at 1721 Del Paso Boulevard in Sacramento, California, presents a unique investment opportunity. Located just minutes from downtown Sacramento within a designated Opportunity Zone, this property offers significant tax advantages and access to city incentives. These incentives include potential coverage of up to 50% of remodel costs for qualifying projects, making it an attractive proposition for adaptive reuse. The building boasts a rich history, having previously served as a restaurant, bowling alley, and piano store, demonstrating its adaptability to a wide range of commercial uses. Its spacious layout is well-suited for various ventures, including restaurants, breweries, retail establishments, or mixed-use developments. The property sits on a 0.17-acre lot, and an adjacent vacant lot is also available for purchase, providing potential for expansion and increased square footage. This prime location benefits from its proximity to Sacramento's growing downtown area, ensuring increased foot traffic and exposure to the city's ongoing development initiatives. The asking price for this versatile commercial property is $549,995. This is a rare chance to acquire a substantial property in a thriving urban area with significant potential for growth and return on investment. Don't miss this opportunity to capitalize on the benefits of an Opportunity Zone and Sacramento's dynamic commercial landscape.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $325,000
    ML approach
    $325,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $340,000
    Market price range: $341k - $1.01M
    AI Estimate
    $298,000
    Market price range: $298k - $852k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.456
Latitude
38.6082
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,824
$61,013
$119,782
$180,795
-
$0.00
$0.00
$0.00
More about this property
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