3920 Capitol Ave West Sacramento, CA 95691
Property profile & analytics
3920 Capitol Ave, West Sacramento, CA 95691
- Warehouses
- 53,000 SF
- 3.38 lot acres
Property ID
US09-0270768
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.
Location Intelligence
Current Use by Public Records
- Green Valley Theatre Company / Theater & Performing Art Venue
- Source North America Corporation / Business To Business Service
- AWWA California-Nevada Training Center / High School
- CA-NV Section AWWA / Association / Organization
- BidRL West Sacramento / Trade Show Venue / (Bike/Boat/Book/etc) Store
Property Details for 3920 Capitol Ave
- Year built
- 1990
- Construction
- TILT-UP CONCRETE
- Lot size
- 3.38 lot acres
- Zone code
- M-1
- Property type
- Warehouses
- APN
- 008-030-065-000
- APU
- 8030065000
Description
This exceptional 53,386 square foot, multi-tenant industrial property in West Sacramento, CA boasts a 100% occupancy rate and a strong 6.00% cap rate. Situated on a 3.38-acre lot at 3920 W Capitol Ave, 95691, this stabilized investment features one building with seven tenants, each on a triple-net lease, providing a stable and inflation-protected income stream. The property includes 144 parking spaces and benefits from concrete tilt construction, oversized 12' x 14' roll-up doors on every suite (averaging approximately 7,600 square feet), and minimal office buildout. Its prime location offers freeway visibility and immediate access to I-80 and Hwy 50, as well as the Port of West Sacramento. Strong market fundamentals, including a low vacancy rate and significant rent growth projections, support significant upside potential. The property is priced below replacement cost, making it an attractive investment opportunity in a highly sought-after infill location within one of the region's best industrial submarkets. The weighted average lease term remaining is approximately 2.9 years, presenting opportunities for accretive value with upcoming lease renewals at market rates. The West Sacramento submarket is the second largest in the region, with a low vacancy rate for light industrial Class B space. Average asking rates for similar-sized buildings in Sacramento have increased substantially over the past six years, further underscoring the property's value. There is currently no new multi-tenant industrial construction in Sacramento, contributing to the constrained supply in this market segment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,205,000
- 6.5%
- $6,650,000
- 7%
- $6,175,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,891,000
Market price range: $4.20M - $10.6M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $7,235,000 Current use
- AUTO REPAIR, GARAGE
- $11,300,000 Change: +56% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $9,915,000 Change: +37% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Sacramento
- County
- Yolo
- State
- California
- Longitude
- -121.564
- Latitude
- 38.5789
- 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
2023
$60,760
$1,312,374
$2,150,106
$3,462,480
-
$0.00
$0.00
$0.00
