Technical
Financial
Distress signals
Property profile

2724 24Th St Sacramento, CA 95818

FOR LEASE
Retail space
Property ID
US09-3839436
3,130 SF 0.04 ac lot Built 1990
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction WOOD
Total area 3,130 SF
Lot 0.04 ac (1,600 SF)
Zoning code C-1
APN 010-0346-009-0000
UPID US09-3839436

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Wellness Program Nutritionist
  • Insurance Agency

Location

2724 24Th St Sacramento, CA 95818
Sacramento metro Census 2600 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
$745k
Comparable Approach Comparable
$440k
Blend (final) Blend
$555k

Owner & transaction history

since 2025
Last sale
$590,000
7 recorded transactions
2025
$590,000
2022
Price N/A
2018
Price N/A
2006
$600,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Sacramento, CA
Zoning description

The purpose of the C-1 zone is to provide for certain offices, retail stores and commercial service establishments that are compatible with residential developments.

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $800,000 +35.4%
Medical building $795,000 +34.7%
Commercial (general) $740,000 +25.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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