Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3645 Northgate Blvd Sacramento, CA 95834-1641
    Back to Search
    Property profile & analytics

    3645 Northgate Blvd, Sacramento, CA 95834-1641

    View on Map
    • Strip malls
    • 13,754 SF
    • 1.80 lot acres
    Off-Market
    Last Sale Nov 17, 2023
    Property ID
    US09-2468543
    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.
    Value Estimations
    $2,965,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Metro by T-Mobile / Mobile Phone Store / Electronics & Wireless Store
    • Northgate NAILS / Nail Salon
    • Localcoin Bitcoin ATM - Well-Care Pharmacy Inc. / Atm
    • Divyarupa Sunkara / Dental Office
    • REG PROS / Department Of Motor Vehicles

    Property Details for 3645 Northgate Blvd

    Year built
    2003
    Construction
    TILT-UP CONCRETE
    Lot size
    1.80 lot acres
    Zone code
    SC-PUD
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    250-0510-002-0000
    APU
    25005100020000

    Description

    This exceptional retail space, located at 3645 Northgate Blvd in Sacramento, California (zip code 95834), offers 1,200 square feet of prime commercial real estate. Previously occupied by a Subway restaurant, this single-tenant property is ideally suited for a variety of food-related businesses. The space is available for lease starting April 30th, 2024. The asking rent is $1.75 per square foot, plus Net, Net, Net (NNN) charges. Situated in Sacramento County, this property benefits from excellent visibility and accessibility within a thriving commercial area. The property's location at 38.6320049 latitude and -121.4762801 longitude ensures convenient access for customers and employees. This is a fantastic opportunity for a food-oriented business seeking a well-established location in a high-traffic area of Sacramento. The property's previous use as a successful Subway franchise speaks to its potential for continued success. Interested parties are encouraged to inquire promptly to secure this desirable retail space. The property is classified as Retail, Subtype Sandwich, Food, and is a single-tenant occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,310,000
      6.5%
      $3,980,000
      7%
      $3,695,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $4,315,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $4,075,000
      Change: -6% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,520,000
      Change: -18% Conversion: Difficult
      MEDICAL BUILDING
      $3,500,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.476
    Latitude
    38.6319
    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
    $59,729
    $1,330,000
    $3,545,000
    $4,875,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $11,645,000
      82,277 SF

      3615 Northgate Blvd

      SHOPPING CENTER, STRIP CENTER
      3615 Northgate Blvd, Sacramento, CA 95834-1600
      View Details
    • Value Estimation
      $6,455,000
      31,000 SF

      3270 Arena Blvd

      SHOPPING CENTER, STRIP CENTER
      3270 Arena Blvd, Sacramento, CA 95834-3001
      View Details
    • Value Estimation
      $4,170,000
      19,000 SF

      3220 Arena Blvd

      SHOPPING CENTER, STRIP CENTER
      3220 Arena Blvd, Sacramento, CA 95834-1098
      View Details
    • Value Estimation
      $2,935,000
      17,183 SF

      2550 Arena Blvd

      SHOPPING CENTER, STRIP CENTER
      2550 Arena Blvd, Sacramento, CA 95834
      View Details
    • Value Estimation
      $12,780,000
      59,993 SF

      2800 Del Paso Rd

      SHOPPING CENTER, STRIP CENTER
      2800 Del Paso Rd, Sacramento, CA 95834-9710
      View Details
    • Value Estimation
      $6,915,000
      18,900 SF

      3317 Northgate Blvd

      SHOPPING CENTER, STRIP CENTER
      3317 Northgate Blvd, Sacramento, CA 95834
      View Details

    Similar Nearby for Sale

    • $679,500

      Sacramento Warehouse/Industrial Property For Sale

      Warehouse/industrial property available for sale in Sacramento, California.
      45 Golden Land Ct, Sacramento, CA 95834
      View Details
    • Contact for pricing
      1,437 SF

      Small Office For Sale Natomas

      Small office for sale in North Natomas business park.
      4794 Duckhorn Dr, Sacramento, CA 95834
      View Details
    • Contact for pricing

      Northgate Retail Development Land

      Land available for retail development in Northgate area.
      I-80 & Northgate Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      113,000 SF

      Sacramento Office Building For Sale

      85,000 SF office building available in Sacramento, California.
      2599 Arena Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      15,000 SF

      Sacramento Industrial Portfolio For Sale

      Industrial portfolio in Sacramento, CA, totaling 159,884 square feet.
      4013 Vista Park Ct, Sacramento, CA 95834
      View Details
    • Contact for pricing

      Sacramento Office Building For Sale

      Office building available for purchase in Sacramento, California.
      2599 Arena Blvd, Sacramento, CA 95834
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Interstate 80

      Retail spaces available in Sacramento's high-growth Natomas trade area.
      3600-3654 N Freeway Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      1,305 SF

      Retail Space in Natomas Marketplace

      Retail space available in a high-visibility Sacramento power center.
      3551 Truxel Rd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      1,650 SF

      High-Visibility Retail Space Available

      Prime retail location in Sacramento's dominant power center.
      3711 Truxel Rd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      2,007 SF

      Retail Space in Natomas Marketplace

      Retail space available in a high-traffic Sacramento power center.
      3651 Truxel Rd, Sacramento, CA 95834
      View Details
    • Contact for pricing

      Sacramento Gateway Power Center Space

      Retail space available in Sacramento Gateway Power Center.
      3531 N Freeway Blvd, Sacramento, CA 95834
      View Details
    • Contact for pricing
      1,759 SF

      Retail Space in Sacramento Center

      Retail space available in Sacramento's high-traffic retail area.
      3648 N Freeway Blvd, Sacramento, CA 95834
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3645 Northgate Blvd
    Sacramento, CA 95834-1641
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3645 Northgate Blvd, Sacramento, CA, 95834
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!