3077 Fite Cir Sacramento, CA 95827-1814
- Office buildings
- 41,124 SF
- 3.98 lot acres
Current Use by Public Records
- Sexton Holly A / Counselor
- E'laina Camino / Counselor / Social Worker
- Michael S. Young, MSW / Doctor
- Chiesa Rebecca L / Counselor
- Stephens Jennifer / Counselor
Property Details for 3077 Fite Cir
- Year built
- 1991
- Construction
- TILT-UP CONCRETE
- Lot size
- 3.98 lot acres
- Property size
- 41,124 SF
- Zone code
- OIMU (FBSP
- Property type
- Office buildings
- APN
- 077-0330-080-0000
- APU
- 7703300800000
Description
This exceptional 40,959-square-foot industrial property in Sacramento, CA, offers a versatile flex/warehouse space ideal for various businesses. Located at 3077 Fite Circle, 95827, this single-tenant building boasts a gross lease structure with attractive market incentives, currently priced at $1.45 per square foot, full service. The property features a generous parking ratio, currently at 4.5 spaces per 1,000 square feet, with the potential to increase to 8.0 per 1,000. Enjoy excellent visibility from Highway 50, enhancing your business's accessibility and brand awareness. The building includes private interior courtyards, offering a unique blend of functionality and aesthetic appeal. The warehouse area encompasses approximately 11,500 square feet of climate-controlled space. High ceilings, ranging from 16 to 20 feet, provide ample vertical space for storage or specialized equipment. Access is convenient with one 10x12 grade-level door. This property is professionally managed and presents a rare opportunity to secure a well-maintained, strategically located industrial space in a thriving Sacramento market.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,960,000
- 6.5%
- $9,195,000
- 7%
- $8,540,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,674,000
- AI Estimate
- $4,044,000
Market price range: $3.59M - $7.64MMarket price range: $1.15M - $4.93M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,275,000 Current use
- AUTO REPAIR, GARAGE
- $10,520,000 Change: +100% Conversion: Difficult
- MEDICAL BUILDING
- $10,470,000 Change: +99% Conversion: Easy
- COMMERCIAL (GENERAL)
- $9,725,000 Change: +84% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.322
- Latitude
- 38.5737
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA