2224 El Camino Ave Sacramento, CA 95821-4602
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
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99 Cents Only Stores Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SC · Sacramento, CASacramento. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.