2850 47th Ave Sacramento, CA 95822-3808
Property profile & analytics
2850 47th Ave, Sacramento, CA 95822-3808
- Auto shops
- 4,224 SF
- 0.38 lot acres
Property ID
US09-0828475
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.
Location Intelligence
Current Use by Public Records
- Precision Automotive Service / Auto Repair Shop
Property Details for 2850 47th Ave
- Year built
- 1964
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.38 lot acres
- Zone code
- M-1S-EA-4
- Property type
- Auto shops
- APN
- 036-0182-005-0000
- APU
- 3601820050000
Description
This exceptional investment opportunity presents a 4,224-square-foot auto repair facility situated on a 16,700-square-foot lot in Sacramento, CA. The property, built in 1964, boasts a single-story building with four dock-high doors and ample parking for approximately 20 vehicles. Currently leased to Precision Automotive Service under a NNN lease with a monthly income of $5,500, the lease has a remaining term of 3.8 years, expiring August 31, 2028, with a five-year option to extend until August 31, 2033. The asking price is $995,000, translating to $235.56 per square foot. The property is zoned M-1S-EA-4 (Light Industrial, Specific Plan, Employment Area 4), allowing for a variety of commercial or auto repair uses. This turnkey investment offers a stable income stream from a long-term tenant in a prime Sacramento County location, benefiting from regional development. The property's APN is 036-0182-005-0000. This presents a secure investment with potential for future appreciation and flexibility in usage. The property is a single-unit building with a total of 4,224 net rentable square feet. Access requires prior arrangement.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $905,000
- ML approach
- $905,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $598,000
Market price range: $245k - $599k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $1,080,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,325,000 Change: +23% Conversion: Difficult
- MEDICAL BUILDING
- $1,075,000 Change: -0% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,000,000 Change: -8% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.476
- Latitude
- 38.5098
- 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
$10,745
$204,000
$663,000
$867,000
-
$0.00
$0.00
$0.00
