Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2211 F St Sacramento, CA 95816
    Back to Search
    Property profile & analytics

    2211 F St, Sacramento, CA 95816

    View on Map
    • Grocery and convenience stores
    • 19,525 SF
    • 1.14 lot acres
    For Lease
    $3,425,000
    View Listing →
    Freestanding Building in Midtown Sacramento For Lease
    $3,425,000
    19,160 SF

    Freestanding Building in Midtown Sacramento

    Freestanding ±19,160 sq. ft. building in midtown Sacramento.

    2211 F St, Sacramento, CA 95816
    View Listing
    Property ID
    US09-1759084
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Thythu T. Luu, RPh / Pharmacy
    • Rite Aid Pharmacy / Pharmacy
    • higi / Physician
    • Sunday B. Solis, RPh / Pharmacy
    • KeyMe Locksmiths / Locksmith

    Property Details for 2211 F St

    Year built
    1965
    Construction
    TILT-UP CONCRETE
    Lot size
    1.14 lot acres
    Zone code
    C-1-SPD
    Property type
    Grocery and convenience stores
    APN
    003-0134-021-0000
    APU
    301340210000

    Description

    This ±19,160 square foot freestanding retail building presents a unique investment opportunity in Sacramento's vibrant Midtown area. Situated on the northeast corner of F Street and 22nd Street, the property enjoys exceptional visibility at a signalized intersection. The single-tenant building sits on a sizable 50,376 square foot lot. Its strategic location benefits from a high concentration of daytime employees and residents, proximity to key amenities, and excellent access to major transportation routes. Nearby attractions include the American River Parkway, McKinley Park, Sutter's Fort, the California State Indian Museum, Sutter General Hospital, Mercy General Hospital, several schools, and the Cannery Business Park. The property's strong retail synergy with surrounding businesses makes it an ideal location for a variety of commercial uses. The easy access to Interstate 80 and its proximity to the State Capitol further enhance its appeal. This property offers significant potential for a savvy investor seeking a well-positioned retail space in a thriving Sacramento neighborhood. The zip code is 95816.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $5,045,000
      6.5%
      $4,660,000
      7%
      $4,325,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,442,000
      Market price range: $1.18M - $3.24M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,060,000
      Current use
      OFFICE BUILDING
      $5,600,000
      Change: +11% Conversion: Easy
      COMMERCIAL (GENERAL)
      $5,145,000
      Change: +2% Conversion: Easy
      AUTO REPAIR, GARAGE
      $4,995,000
      Change: -1% Conversion: Difficult
      MEDICAL BUILDING
      $4,970,000
      Change: -2% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.475
    Latitude
    38.5805
    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
    $48,041
    $2,900,000
    $1,000,000
    $3,900,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,152 SF

      3438 Folsom Blvd

      CONVENIENCE STORE
      3438 Folsom Blvd, Sacramento, CA 95816
      View Details
    • Value Estimation by Request
      3,000 SF

      2500 P St

      CONVENIENCE STORE
      2500 P St, Sacramento, CA 95816-6311
      View Details
    • Value Estimation
      $7,105,000
      36,148 SF

      1025 Alhambra Blvd

      GROCERY, SUPERMARKET
      1025 Alhambra Blvd, Sacramento, CA 95816-5212
      View Details
    • Value Estimation
      $3,580,000
      18,866 SF

      1900 Alhambra Blvd

      GROCERY, SUPERMARKET
      1900 Alhambra Blvd, Sacramento, CA 95816-7013
      View Details
    • Value Estimation by Request
      0.29 Acres

      3008 Ss St

      RETAIL STORES (PERSONAL SERVICES)
      3008 Ss St, Sacramento, CA 95816
      View Details
    • Value Estimation
      $545,000
      2,400 SF

      2408 J St

      RETAIL STORES (PERSONAL SERVICES)
      2408 J St, Sacramento, CA 95816-4806
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,554 SF

      Retail/Office Space on Alhambra Blvd

      Prominent corner location suitable for retail or office use.
      3030 N St, Sacramento, CA 95816
      View Details
    • $1,895,000
      10,300 SF

      East Sacramento Corner Retail Space

      Retail space in East Sacramento with freeway access.
      3001 L St, Sacramento, CA 95816
      View Details
    • Contact for pricing
      10,300 SF

      East Sacramento Retail Building For Sale

      Retail building available for purchase in East Sacramento.
      3001 L St, Sacramento, CA 95816
      View Details
    • Contact for pricing
      6,249 SF

      Midtown Mixed-Use Building Opportunity

      Two-story mixed-use building with office and retail space for lease.
      1415 21St St, Sacramento, CA 95816
      View Details
    • Contact for pricing
      5,479 SF

      Midtown Mixed-Use Office/Retail Building

      Two-story mixed-use building in Midtown, Sacramento with office and retail.
      2523 J St, Sacramento, CA 95816
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,298 SF

      Prime Retail Space in Sacramento

      Highly visible retail space in a luxury apartment complex.
      3675 T St, Sacramento, CA 95816
      View Details
    • Contact for pricing
      1,300 SF

      Retail/Medical Space Near Sutter Hospital

      Retail or medical space available near Sutter Medical Center.
      2701 N St, Sacramento, CA 95816
      View Details
    • Contact for pricing
      1,482 SF

      Distinctive Retail or Office Space

      Ideally located standalone building suitable for retail or office use.
      1714 28Th St, Sacramento, CA 95816
      View Details
    • Contact for pricing
      3,046 SF

      Corner Retail Space Available

      Retail space with excellent signage opportunities and tenant parking.
      2601 J St, Sacramento, CA 95816
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 1300 square feet.
      2701-2731 N St, Sacramento, CA 95816
      View Details
    • Contact for pricing

      Turnkey Salon in Midtown Sacramento

      Salon space with approvals and infrastructure in Midtown Sacramento.
      1117 24Th Street Byp, Sacramento, CA 95816
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2211 F St
    Sacramento, CA 95816
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2211 F St, Sacramento, CA, 95816
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!