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Property profile & analytics
OFF-MARKET
Commercial land

401 Broadway Sacramento, CA 95818-2040

Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US09-3643740
Property summary
AI-generated overview

401 Broadway, located in Sacramento County, presents a unique opportunity to lease retail space within a thriving mixed-use development. This contemporary four-story building boasts 4,909 square feet of ground-floor retail space, divisible into units ranging from 1,148 to 3,694 contiguous square feet. Currently, 4,911 square feet is available for lease. The property, completed in September 2019 (retail and storage), enjoys a prime location between Broadway and X Streets on 3rd Street, a highly active development corridor. Its strategic position connects the Broadway Corridor, Land Park, Downtown Sacramento, and the West Sacramento Riverfront, acting as a key component in the area's evolving urban lifestyle. The building features attractive architectural details including tall ceilings, concrete and steel construction, and outdoor patio space. This modern retail space benefits from high visibility and proximity to Sacramento Regional Transit's 5th and Broadway stop, catering to a growing pedestrian and cyclist-friendly neighborhood. The development also includes 74 market-rate apartments and 1,200 climate-controlled storage units, creating a vibrant and densely populated surrounding area. This is an exceptional chance to establish a retail presence in a rapidly developing and well-connected Sacramento location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Zoning code C-4-SPD R-
APN 009-0232-018-0000
UPID US09-3643740
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
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Owner & transaction history
401 BROADWAY APARTMENTS LLC
401 BROADWAY APARTMENTS LLC
Zoning & alternative use
C-4-SPD R- · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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