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    4030 Manzanita Ave Carmichael, CA 95608
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    4030 Manzanita Ave Carmichael, CA 95608

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    • Retail space
    • 5,600 SF
    • 0.94 lot acres
    For Lease
    $1.85 SF/Yr
    View Listing →
    Retail Space Next to Safeway For Lease
    $1.85 SF/Yr
    2,186 SF

    Retail Space Next to Safeway

    Retail space available next to Safeway with monument signage.

    4030 Manzanita Ave, Carmichael, CA
    View Listing
    Property ID
    US09-2696422
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banfield Pet Hospital / Veterinary Clinic

    Property Details for 4030 Manzanita Ave

    Year built
    1999
    Construction
    TILT-UP CONCRETE
    Lot size
    0.94 lot acres
    Property size
    5,600 SF
    Zone code
    SC
    Property type
    Retail space
    APN
    245-0180-040-0000
    APU
    24501800400000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,215,000
      6.5%
      $1,120,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $949,000
      Market price range: $465k - $949k
      AI Estimate
      $826,000
      Market price range: $228k - $826k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $635,000
      Current use
      OFFICE BUILDING
      $1,495,000
      Change: +135% Conversion: Easy
      MEDICAL BUILDING
      $1,460,000
      Change: +130% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,445,000
      Change: +128% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,445,000
      Change: +127% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,310,000
      Change: +106% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmichael
    County
    Sacramento
    State
    California
    Longitude
    -121.327
    Latitude
    38.6376
    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
    $30,444
    $659,938
    $1,757,944
    $2,417,882
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,140,000
      6,600 SF

      5038 Marconi Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,600 SF
      5038 Marconi Ave, Carmichael, CA 95608-4295
      View Details
    • Value Estimation
      $2,815,000
      17,740 SF

      4949 Marconi Ave

      RETAIL STORES (PERSONAL SERVICES) • 17,740 SF
      4949 Marconi Ave, Carmichael, CA 95608-6827
      View Details
    • Value Estimation
      $1,205,000
      6,995 SF

      6908 Fair Oaks Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,995 SF
      6908 Fair Oaks Blvd, Carmichael, CA 95608-3382
      View Details
    • Value Estimation
      $1,030,000
      10,000 SF

      4555 Manzanita Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,000 SF
      4555 Manzanita Ave, Carmichael, CA 95608-1409
      View Details
    • Value Estimation by Request
      4,800 SF

      2536 Walnut Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      2536 Walnut Ave, Carmichael, CA 95608-4733
      View Details
    • Value Estimation
      $525,000
      3,309 SF

      5008 El Camino Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,309 SF
      5008 El Camino Ave, Carmichael, CA 95608-4650
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,044 SF

      Carmichael Office/Retail Building For Sale

      11,044 SF office/retail building in the heart of Carmichael, CA.
      7300-7310 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $795,000
      1,760 SF

      Automotive Repair Facility on Fair Oaks

      1,760 SF automotive repair shop on 0.5-acre parcel.
      7349 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • Contact for pricing
      33,190 SF

      Freestanding Building in Carmichael

      33,190 SF building at high-traffic intersection near Sacramento.
      6431 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • Contact for pricing
      16,150 SF

      Carmichael Retail Opportunity

      Retail property with strong street visibility and flexible zoning.
      8210 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $797,000
      948 SF

      Retail Property on Fair Oaks

      Retail property available for sale in Carmichael, California.
      7649 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • Contact for pricing
      10,380 SF

      6705 Fair Oaks Blvd, Carmichael, CA 95608

      Storefront properties • 10,380 SF
      6705 Fair Oaks Blvd, Carmichael, CA 95608
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,186 SF

      Retail Space Next to Safeway

      Retail space available next to Safeway with monument signage.
      4030 Manzanita Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing
      1,350 SF

      Carmichael Retail Space For Lease

      Retail and service space in a busy shopping center.
      4949 Marconi Ave, Carmichael, CA 95608
      View Details
    • Contact for pricing
      30,302 SF

      Retail Space in Carmichael Center

      Neighborhood retail center anchored by Smart & Final on Fair Oaks.
      7223 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • Contact for pricing
      4,757 SF

      Retail Space on Manzanita Avenue

      Retail space with excellent visibility and strong traffic.
      4706-4794 Manzanita Ave, Carmichael, CA 95608
      View Details
    • $1.75 SF/Yr
      5,195 SF

      Carmichael Retail Space Available

      Retail space available for lease in Carmichael, California.
      6908 Fair Oaks Blvd, Carmichael, CA 95608
      View Details
    • $1.72 SF/Yr
      2,530 SF

      Carmichael Retail Space For Rent

      Retail spaces available from 565 to 2,530 SF.
      4705 Manzanita Ave, Carmichael, CA 95608
      View Details
    View Listing
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    4030 Manzanita Ave
    Carmichael, CA 95608
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    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
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