3108 Fulton Ave Sacramento, CA 95821
- Investment properties
- 12,670 SF
- 0.54 lot acres
Current Use by Public Records
- Medical Solutions / Business Management Consultant
- River City Appliance / Home Appliance Store
- Remax Gold / Real Estate Agency
Property Details for 3108 Fulton Ave
- Year built
- 1955
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.54 lot acres
- Property size
- 12,670 SF
- Zone code
- SPA
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 268-0046-001-0000
- APU
- 26800460010000
Description
This exceptional investment opportunity encompasses two parcels located at 3108 Fulton Avenue, Sacramento, CA. Priced at $1,950,000, the offering includes a commercial building situated on a 0.54-acre lot. The main property at 3108 Fulton Ave presents a significant income-generating potential, described as a "cash cow" property with "limitless possibilities." In addition to the main commercial building, the sale also includes the adjacent property at 3120 Fulton Ave (APN# 268-0046-034-0000), a paved vacant lot currently utilized as overflow parking. This secondary parcel offers considerable expansion potential. Interested parties are encouraged to independently verify with the county and/or city the possibility of constructing additional square footage on the combined properties. The current configuration provides a unique opportunity for immediate income generation alongside future development potential. This is a rare chance to acquire a substantial commercial property in a desirable Sacramento location with significant upside. The combined parcels offer a compelling investment opportunity for both immediate returns and long-term growth. Detailed financial information and property specifics are available upon request.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,915,000
- 6.5%
- $2,690,000
- 7%
- $2,500,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,056,000
- AI Estimate
- $1,588,000
Market price range: $1.49M - $4.54MMarket price range: $852k - $3.43M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,995,000 Current use
- AUTO REPAIR, GARAGE
- $3,240,000 Change: +8% Conversion: Difficult
- MEDICAL BUILDING
- $3,225,000 Change: +8% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $2,780,000 Change: -7% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.401
- Latitude
- 38.6223
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA