You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $8,230,000
Community centers

3500 El Camino Ave Sacramento, CA 95821-6535

167,354 SF 10.14 ac lot Built 1961
Entity Owned Absentee Owner Free & Clear
Property ID
US09-1954775
Property summary
AI-generated overview

This exceptional retail opportunity presents a substantial 156,000-square-foot former Macy's building in Sacramento, California. Located at 3500 El Camino Ave, at the corner of Watt Avenue, this single-tenant property sits on a generous 9.67-acre parcel within the Country Club Plaza Mall. The four-story building, constructed in 1961, offers ample space for a variety of retail uses. The property boasts 669 parking spaces, ensuring convenient access for customers. Its strategic location provides excellent visibility and accessibility, situated near major businesses including WinCo, Cinema West, Wells Fargo, and Rebounderz. The surrounding area is a well-established and desirable retail hub, benefiting from a strong customer base and high traffic volume. The property is zoned SC (Shopping Center) within Sacramento County (95821). This is a rare chance to acquire a significant retail space in a prime Sacramento location. The entire building is currently vacant, presenting a blank canvas for a new tenant or a redevelopment opportunity. The substantial size and prominent location make this property an ideal investment for a large-scale retailer or a developer seeking a high-impact project. The ample parking and convenient access further enhance its appeal. This is a unique opportunity to acquire a landmark property in a thriving retail corridor.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1961
Construction TILT-UP CONCRETE
Total area 167,354 SF
Lot 10.14 ac (441,698 SF)
Zoning code SC
APN 281-0011-046-0000
UPID US09-1954775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$11.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.32M
Blend (final) Blend
$8.23M
Owner & transaction history
Trep 3500 El Camino LLC
Trep 3500 El Camino LLC
since 2025
Last sale
$8.2M
7 recorded transactions
2026
Price N/A
2025
$8.2M
2025
Price N/A
2022
$26.5M
2020
Price N/A
2019
Price N/A
2019
$5.6M
Zoning & alternative use
SC · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3500 El Camino Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message