Property profile & analytics
2724 24th St Sacramento, CA 95818-3270
- Retail space
- 3,130 SF
- 0.04 lot acres
OFF-MARKET
Last Sale
Mar 03, 2025
Mar 03, 2025
$590,000
Value Estimations
$570,000
Show details
Cap Rate Potential
8.7%
Retail space
Location Intelligence
Property ID
US09-3839436
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
- Ken Perry - State Farm Insurance Agent / Insurance Agency
- Inspired Wellness / Weight Loss Service / Wellness Program
- New York Life / Insurance Agency
Property Details for 2724 24th St
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 0.04 lot acres
- Property size
- 3,130 SF
- Zone code
- C-1
- Property type
- Retail space
- APN
- 010-0346-009-0000
- APU
- 1003460090000
Description
This charming, two-story mixed-use building at 2724 24th Street in Sacramento, California, presents a compelling owner-user opportunity in the prestigious Curtis Park neighborhood. Boasting 3,224 square feet on a 0.04-acre lot (APN: 010-0346-009-0000), this C-1 zoned property offers significant potential for diverse tenant mixes. Its central location provides easy access to Midtown Sacramento, Downtown Sacramento, and the central business district (CBD), placing it within close proximity to a vibrant array of amenities. Enjoy the convenience of nearby upscale and trendy dining options, independent boutiques, galleries, and various medical facilities, including Sutter General, UC Davis, and Kaiser. The property's strategic position offers effortless access to major freeways, including Highway 99, Highway 50, and Business Interstate 80, ensuring seamless connectivity throughout the region. The asking price is $775,000, translating to $240.38 per square foot. This presents an attractive investment opportunity for those seeking a well-located property in a thriving Sacramento neighborhood. The building's layout and zoning allow for a variety of uses, making it an ideal choice for both owner-occupants and investors seeking a strong rental income stream. Don't miss this chance to own a piece of Sacramento's vibrant Curtis Park.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $555,000
- ML approach
- $510,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $810,000
- 6.5%
- $745,000
- 7%
- $695,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $440,000
Market price range: $205k - $440k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $590,000 Current use
- AUTO REPAIR, GARAGE
- $800,000 Change: +35% Conversion: Difficult
- MEDICAL BUILDING
- $795,000 Change: +35% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $740,000 Change: +25% Conversion: Easy
- OFFICE BUILDING
- $575,000 Change: -3% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.484
- Latitude
- 38.5548
- 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
$8,637
$160,000
$560,000
$720,000
-
$0.00
$0.00
$0.00
