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Property profile & analytics
FOR LEASE
Drive through restaurants

2515 Iron Point Rd Folsom, CA 95630

3,177 SF 0.98 ac lot Built 2005
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US09-2991832
Property summary
AI-generated overview

This exceptional freestanding retail building, located at 2515 Iron Point Rd in Folsom, CA 95630, presents a rare opportunity for a discerning buyer. Boasting 3,177 square feet of space and a convenient drive-thru, this single-tenant property is situated on a 0.98-acre lot. Built in 2005, the one-story building features 42 parking spaces, ensuring ample customer convenience. The property's strategic location within the Broadstone Master Planned Community places it in the heart of one of California's fastest-growing areas, surrounded by high-quality residential developments and other significant commercial and office spaces. The C-3 PD zoning provides flexibility for a variety of retail uses. The property's address is further identified by its cross street, Broadstone Point, and its Assessor's Parcel Number (APN) is 072-1190-127-0000. This is a remarkable chance to acquire a well-positioned, established retail property in a thriving market. The property's size, amenities, and location make it an ideal investment for those seeking a strong return in a high-demand area.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2005
Construction WOOD
Total area 3,177 SF
Lot 0.98 ac (42,619 SF)
Zoning code C-3 (PD)
APN 072-1190-127-0000
UPID US09-2991832
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carl's Jr. Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$689k
Blend (final) Blend
$620k
Owner & transaction history
Tanklage Family LP II|tanklage Family LP · 11 yrs held
Tanklage Family LP II|tanklage Family LP
since 2014
1 recorded transaction
2014
$3.2M
Zoning & alternative use
C-3 (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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