Technical
Financial
Distress signals
Property profile

2245 Iron Point Rd Folsom, CA 95630

FOR SALE
Commercial land
Property ID
US09-5135990
4.01 ac lot
Individually Owned 9-yr Hold Absentee Owner Free & Clear
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2245 Iron Point Rd, Folsom, CA 95630 For Sale
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2245 Iron Point Rd, Folsom, CA 95630
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Property summary

AI-generated overview

This exceptional 4.01-acre parcel presents a rare opportunity for development in Folsom, California. Located at 2245 Iron Point Road, this vacant land boasts significant Highway 50 frontage, offering unparalleled visibility and accessibility. The property is situated within the Folsom Corporate Center (FCC), a thriving 100-acre development strategically positioned between Highway 50 and Iron Point Road, east of the Prairie City Road interchange. FCC is home to a diverse range of established businesses, including SAFE Credit Union, Kaiser Permanente, Micron Technology, HDR Engineering, and Davita Kidney Care, occupying approximately 475,000 square feet of office, medical, and R&D space across four buildings. Two multi-family apartment communities are also under development within FCC, adding to the area's dynamic growth. The property's flat topography and on-site utility availability simplify development plans. Its convenient location offers close proximity to major employers, retail amenities, and entertainment options, making it an ideal site for a variety of commercial or residential projects. The M-L-PD zoning designation allows for multiple development possibilities. Given Folsom's need to meet state-mandated multi-family housing allocations, this property presents a unique opportunity to contribute to the city's housing needs while capitalizing on its prime location and high visibility. The APN is 072-3120-005. This is a truly exceptional opportunity in a high-demand area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.01 ac (174,675 SF)
Zoning code M-L (PD)
APN 072-3120-005-0000
UPID US09-5135990

Cap rate & NOI

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

Location

2245 Iron Point Rd Folsom, CA 95630
Folsom metro Census 8507 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2017
2 recorded transactions
2017
$1.3M
2007
Price N/A

Zoning & alternative use

M-L (PD) · Folsom, CA

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
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