Individually Owned 
For Sale
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Contact for pricing
3645 Northgate Blvd, Sacramento, CA 95834
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Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
TILT-UP CONCRETE
Total area
13,754 SF
Lot
1.8 ac (78,408 SF)
Zoning code
SC-PUD
APN
250-0510-002-0000
UPID
US09-2468543
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mobile Phone Store Electronics & Wireless Store
-
Nail Salon
-
Atm
-
Dental Office
-
Department Of Motor Vehicles
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.98M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.97M
Owner & transaction history
since 2023
7 recorded transactions
Zoning & alternative use
SC-PUD · Sacramento, CA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.97M
Value range
$2.67M – $3.26M
±10% around blend
Estimated value / SF
$216 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$2.67M
blend $2.97M
$3.26M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,754 SF
Lot area
1.8 ac
Year built
2003
Stories
1
APN
250-0510-002-0000
Zoning
SC-PUD
Assessed value
$4,875,000
Annual tax
$59,729
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.98M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.31M
@ 6.5% CAP return
$3.98M
@ 7% CAP return
$3.70M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$59,729
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.97M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 70 sales
$314
-31%
County 150 sales
$731
-71%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $216/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
4.49%
Selected cap rate for this strip malls
Derived from the Sacramento market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.49%
9.0%
NOI (est.)
$210k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.68M
Move the market yield to see immediate price impact.
Value / SF
$340
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.99%4.49%4.99%
$189k
$4.74M
$4.21M
$3.79M
$210k
$5.26M
$4.68M
$4.21M
$231k
$5.79M
$5.15M
$4.63M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$59,729
Tax year 2024
Assessed value
$4,875,000
Assessed 2024
Previous assessed
$4,875,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,330,000
Assessed improvement
$3,545,000
Applied tax rate
3.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
13,754 SF
Lot
1.8 ac (78,408 SF)
Zoning code
SC-PUD
APN
250-0510-002-0000
UPID
US09-2468543
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC-PUD · Sacramento, CAZoning SC-PUD · permitted uses
SC-PUD · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.8 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
SC-PUD
Jurisdiction
Sacramento, CA
Recorded code
SC-PUD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SC-PUD in Sacramento, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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