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    2648 Watt Ave Sacramento, CA 95864

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    2648 Watt Ave Sacramento, CA 95864


    • Strip malls
    • 14,500 SF
    • 1.11 lot acres
    Retail Space on Watt Avenue For Lease
    $1.65 SF/Yr
    5,100 SF

    Retail Space on Watt Avenue

    Retail space available for lease on Watt Avenue.

    2648 Watt Ave, Sacramento, CA
    View Listing
    Property ID
    US09-3050360
    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.

    Value Estimations
    $3,305,000
    Cap Rate Potential
    8%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Subway / Take-out & Catering / Catering Service
    • Garage Do​ors Repa​ir / Auto Parts Store
    • Starbucks / Cafe & Coffee Shop
    • Don Quixote's Mexican Grill / Restaurant
    • Two Hands Corn dogs / Restaurant

    Property Details for 2648 Watt Ave

    Year built
    1992
    Construction
    WOOD
    Lot size
    1.11 lot acres
    Property size
    14,500 SF
    Zone code
    SC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    269-0090-058-0000
    APU
    26900900580000

    Description

    This exceptional retail property, located at 2648 Watt Avenue in Sacramento, California, offers a substantial 4,774 square feet of leasable space. Currently entirely vacant, this presents a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to collaborate and create a vibrant retail hub. The property is classified as retail and is situated in Sacramento County, zip code 95821. Its prime location on Watt Avenue offers excellent visibility and accessibility for customers. The building's total square footage is 4,774 square feet, all of which is readily available for lease. This presents a blank canvas for a business seeking to establish a strong presence in a bustling Sacramento neighborhood. The property's address is easily accessible and benefits from high traffic volume, making it an ideal location for a variety of retail businesses. The building is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this versatile space offers. The property is situated at 38.6135701 latitude and -121.3820805 longitude. This is a multi-tenant property, although currently fully vacant. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,405,000
      ML approach
      $3,425,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,545,000
      6.5%
      $4,195,000
      7%
      $3,895,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $4,550,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $4,130,000
      Change: -9% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,710,000
      Change: -18% Conversion: Difficult
      MEDICAL BUILDING
      $3,690,000
      Change: -19% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.382
    Latitude
    38.6137
    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
    $40,170
    $863,532
    $2,465,748
    $3,329,280
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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