Property summary
This exceptional investment opportunity presents a vacant 4,454 square foot office building situated on a 0.34-acre lot at the highly visible corner of Watt Avenue and Cody Way in Sacramento, CA. Boasting a combined daily traffic count of 49,430 vehicles, this location offers unparalleled exposure. Currently zoned BP (Business Professional) by Sacramento County, the property presents significant redevelopment potential. The building, constructed in 1960, is being sold for its land value at $22 per square foot, totaling an asking price of $325,000. The property's prime location benefits from proximity to the desirable Arden Park and Arden Oaks neighborhoods, with an average household income within a one-mile radius of $97,034. Recent developments along Watt Avenue and El Camino Avenue, including new retailers such as Raising Cane's, Chick-fil-A, Costco Business Center, and Amazon Fresh, further enhance the area's appeal and potential for future growth. The property's APN is 281-0102-037. This is a fee simple ownership opportunity. Don't miss this chance to acquire a strategically located property in a thriving Sacramento market.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Counselor
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Counselor
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Counselor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
BP · Sacramento, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BP in Sacramento, CA.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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