2224 El Camino Ave Sacramento, CA 95821-4602
- Individual retail properties
- 23,200 SF
- 1.72 lot acres
Mar 05, 2025
Current Use by Public Records
- 99 Cents Only Stores / Discount Store
Property Details for 2224 El Camino Ave
- Year built
- 1972
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.72 lot acres
- Property size
- 23,200 SF
- Zone code
- SC
- Property type
- Individual retail properties
- APN
- 278-0020-005-0000
- APU
- 27800200050000
Description
This exceptional 23,200 square foot shopping center, located at 2224 El Camino Ave in Sacramento, California's Arden Arcade area, presents a compelling investment opportunity. Currently vacant, this property offers significant potential for a variety of retail uses. Built in 1979, the building features a desirable SC zoning designation and boasts ample parking (3 spaces per 1,000 sq ft). The property includes a walk-in freezer, walk-in refrigerator, warehouse space, an office with a roll-up door and dock, and fenced exterior storage. Internal improvements include approximately 4,234 square feet of stockroom/office space, one 14' x 10' loading dock, and one 10' x 8' ground-level door. The roof is TPO, and the HVAC system comprises approximately seven units. The asking price is $3,050,000, representing a price per square foot of $137.93 and a pro-forma cap rate of 9.00%. The property's location on El Camino Avenue ensures high visibility and traffic, making it ideal for a supermarket, discount store, furniture store, or similar retail establishment. The APN is 278-0020-005-0000
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,110,000
- ML approach
- $3,060,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.414
- Latitude
- 38.61
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
