Property profile

2240 Colfax St Sacramento, CA 95815

OFF-MARKET
Distribution centers
Property ID
US10-2985348
5,000 SF 0.31 ac lot Built 1951
Individually Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1951
Construction TILT-UP CONCRETE
Total area 5,000 SF
Lot 0.31 ac (13,500 SF)
Zoning code C-2-SPD
APN 275-0073-013-0000
UPID US10-2985348

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Sustainability Organization
  • Building Supply General Contractor
  • Auto Repair Shop

Location

2240 Colfax St Sacramento, CA 95815-2922
Sacramento metro Census 6902 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
$590k
Comparable Approach Comparable
$957k
Blend (final) Blend
$955k

Owner & transaction history

since 2023
Last sale
$730,000
5 recorded transactions
2023
$730,000
2017
Price N/A
2016
Price N/A
2007
$265,000
1998
$144,000

Zoning & alternative use

C-2-SPD · Sacramento, CA
Top alternative use upside
Commercial (general) $1.2M +69.5%
Industrial (general) $1.1M +54.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2240 Colfax St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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