Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2425 24th St Sacramento, CA 95818-1797

    • Retail space
    • 10,500 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $1,270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0689587
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Real Pie Company / Bakery / Specialty Food Shop
    • Hoppy Brewing Company / Production Facility / Brewery & Distillery

    Property Details for 2425 24th St

    Year built
    1952
    Construction
    TILT-UP CONCRETE
    Lot size
    0.28 lot acres
    Property size
    10,500 SF
    Zone code
    C-2-SPD
    Property type
    Retail space
    APN
    010-0231-017-0000
    APU
    1002310170000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,417,000
      Market price range: $1.08M - $3.06M
      AI Estimate
      $773,000
      Market price range: $688k - $1.48M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,985,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.481
    Latitude
    38.5591
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $14,957
    $341,347
    $767,814
    $1,109,161
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $840,000
      4,440 SF

      2522 17th St

      RETAIL STORES (PERSONAL SERVICES) • 4,440 SF
      2522 17th St, Sacramento, CA 95818-2314
      View Details
    • Value Estimation by Request
      2,140 SF

      2684 18th St

      RETAIL STORES (PERSONAL SERVICES) • 2,140 SF
      2684 18th St, Sacramento, CA 95818-2452
      View Details
    • Value Estimation by Request
      3,048 SF

      2890 4th Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,048 SF
      2890 4th Ave, Sacramento, CA 95818-2738
      View Details
    • Value Estimation
      $1,195,000
      6,612 SF

      1313 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 6,612 SF
      1313 Broadway, Sacramento, CA 95818-2217
      View Details
    • Value Estimation
      $3,360,000
      15,040 SF

      915 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 15,040 SF
      915 Broadway, Sacramento, CA 95818-2103
      View Details
    • Value Estimation
      $700,000
      3,725 SF

      1724 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 3,725 SF
      1724 Broadway, Sacramento, CA 95818-2320
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,000 SF

      Retail and Office Space Available

      Retail and office space with development potential near major highways.
      2217-2223 10Th St, Sacramento, CA 95818
      View Details
    • $650,000
      3,224 SF

      Two-Story Commercial Building in Curtis Park

      Two-story commercial building with office and retail space.
      2724 24Th Street Byp, Sacramento, CA 95818
      View Details
    • $1,299,000

      Iconic Restaurant in Sacramento Heart

      Charming, well-maintained restaurant with excellent exposure in Sacramento.
      3193-3199 Riverside Blvd, Sacramento, CA 95818
      View Details
    • $2,200,000
      5,325 SF

      5,325 SF Religious Use Building on Approximately 0.40 AC of Land

      5,325 SF Religious Use Building on Approximately 0.40 AC of Land
      2416 Sloat Way, Sacramento, CA 95818
      View Details
    • $480,000
      1,092 SF

      Charming Downtown Sacramento Cottage with Mixed-use Zoning

      Charming Downtown Sacramento Cottage with Mixed-use Zoning
      2210 10th Street, Sacramento, CA 95818
      View Details
    • Contact for pricing

      Sacramento Land Parcel For Sale

      Fenced land parcel available for sale or lease.
      2185 Perkins Way, Sacramento, CA 95818
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Broadway Commercial Opportunity

      Landmark property suitable for retail, office, cafe, gym, or restaurant.
      1701 Broadway, Sacramento, CA 95818
      View Details
    • $1.00 SF/Yr
      3,464 SF

      Large Open Space with Windows For Lease

      Large Open Space with Windows For Lease
      1618 Broadway, Sacramento, CA 95818
      View Details
    • Contact for pricing

      Sacramento Storefront on Broadway

      High-visibility storefront near WX Freeway with on-site parking.
      2701 Broadway, Sacramento, CA 95818
      View Details
    • Contact for pricing

      Midtown Sacramento Live-Work Space

      Located in the heart of Sacramento's Live-Work-Play environment.
      2020 V St, Sacramento, CA 95818
      View Details
    • Contact for pricing
      4,208 SF

      High Visibility Office Space

      Office space with excellent visibility and architectural features.
      1331 Broadway, Sacramento, CA 95818
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2425 24th St
    Sacramento, CA 95818-1797
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!