2650 Watt Ave Sacramento, CA 95821-6230
- Retail space
- 4,085 SF
- 0.74 lot acres
May 16, 2024
Current Use by Public Records
- Union Bank / Mortgage Lender / Bank
- ATM (Union Bank) / Atm
Property Details for 2650 Watt Ave
- Year built
- 1991
- Lot size
- 0.74 lot acres
- Property size
- 4,085 SF
- Zone code
- SC
- Property type
- Retail space
- APN
- 269-0090-059-0000
- APU
- 26900900590000
Description
This exceptional 4,095-square-foot freestanding retail building boasts a highly desirable drive-thru feature, perfectly situated on Watt Avenue in Sacramento, California. Its prime location within the thriving Watt Avenue/Country Club commercial corridor ensures high visibility and accessibility. The property benefits from its proximity to the Country Club Plaza, a bustling shopping center anchored by major tenants such as Winco Foods, Cinema West, and Rebounderz. This strategic location places the building within easy walking distance of numerous restaurants and other services, catering to a robust customer base. Excellent access to major transportation arteries is another key advantage. Business 80 to the north and Highway 50 to the south are easily accessible via Watt Avenue, ensuring convenient access for both customers and employees. The area experiences strong daytime traffic and a dense evening population, creating a consistent flow of potential customers. This single-tenancy building in Sacramento County, zip code 95821, presents a unique opportunity for businesses seeking a high-traffic, easily accessible location in a well-established commercial area. The property's size and features make it ideal for a variety of retail uses.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,500,000
- ML approach
- $1,500,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,055,000
- 6.5%
- $975,000
- 7%
- $905,000
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.382
- Latitude
- 38.6139
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA