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    Property profile & analytics

    4424 Freeport Blvd Sacramento, CA 95822-2049

    • Retail space
    • 6,128 SF
    • 0.45 lot acres
    OFF-MARKET
    Last Sale
    Oct 29, 2021
    Value Estimations
    $1,050,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2235551
    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.

    Current Use by Public Records

    • Oasis Nails / Nail Salon
    • Fast iPhone, iPad, Macbook, Samsung Repair / Computer & Electronic Repair / Tech Support Center
    • Papa Murphy's / Restaurant
    • Starbucks / Cafe & Coffee Shop
    • Amazon Hub Counter - Fast Repair / Postal Service / Courier Service

    Property Details for 4424 Freeport Blvd

    Year built
    1998
    Construction
    WOOD
    Lot size
    0.45 lot acres
    Property size
    6,128 SF
    Zone code
    C-2
    Property type
    Retail space
    APN
    017-0094-029-0000
    APU
    1700940290000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,585,000
      6.5%
      $1,460,000
      7%
      $1,360,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,160,000
      Current use
      AUTO REPAIR, GARAGE
      $1,570,000
      Change: +35% Conversion: Difficult
      MEDICAL BUILDING
      $1,560,000
      Change: +35% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,450,000
      Change: +25% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,345,000
      Change: +16% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.494
    Latitude
    38.5348
    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
    $29,652
    $520,000
    $1,980,000
    $2,500,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $740,000
      4,500 SF

      2451 Fruitridge Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,500 SF
      2451 Fruitridge Rd, Sacramento, CA 95822
      View Details
    • Value Estimation
      $1,060,000
      10,350 SF

      3020 Florin Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,350 SF
      3020 Florin Rd, Sacramento, CA 95822-4531
      View Details
    • Value Estimation
      $595,000
      4,000 SF

      2324 Florin Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      2324 Florin Rd, Sacramento, CA 95822-4403
      View Details
    • Value Estimation
      $1,140,000
      11,360 SF

      5318 Riverside Blvd

      RETAIL STORES (PERSONAL SERVICES) • 11,360 SF
      5318 Riverside Blvd, Sacramento, CA 95822-1716
      View Details
    • Value Estimation
      $525,000
      3,936 SF

      4625 Freeport Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,936 SF
      4625 Freeport Blvd, Sacramento, CA 95822-2007
      View Details
    • Value Estimation
      $970,000
      13,824 SF

      6500 Freeport Blvd

      RETAIL STORES (PERSONAL SERVICES) • 13,824 SF
      6500 Freeport Blvd, Sacramento, CA 95822-5905
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,225 SF

      Sacramento Auto Repair Shop

      Freestanding auto repair shop on Fruitridge Road for sale.
      2431 Fruitridge Rd, Sacramento, CA 95822
      View Details
    • Contact for pricing
      8,680 SF

      Sacramento Retail & Restaurant Space

      Multi-tenant retail and restaurant space with on-site parking.
      7080 24Th St, Sacramento, CA 95822
      View Details
    • Contact for pricing
      42,452 SF

      Retail Space in Florin Square

      Established shopping center with high traffic and ample parking.
      2326 Florin Rd, Sacramento, CA 95822
      View Details
    • Contact for pricing
      20,000 SF

      Medical/Dental Office Focused Complex

      Well-maintained 20,000 SF medical/dental office complex for sale.
      1355 Florin Rd, Sacramento, CA 95822
      View Details
    • $1,500,000

      Sacramento Flex Space For Sale

      9,970 SF flex space in South Sacramento.
      169 Otto Cir, Sacramento, CA 95822
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,023 SF

      Retail Space Near Sacramento College

      Retail space for rent near Sacramento City College.
      4400-4424 Freeport Blvd, Sacramento, CA 95822
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail spaces available, ranging from 1 to 2,548 square feet.
      5900 S Land Park Dr, Sacramento, CA 95822
      View Details
    • $1.25 SF/Yr

      Retail/Office Space For Lease

      Retail and office spaces available near I-5 and Sacramento City College.
      5858-5986 S Land Park Dr, Sacramento, CA 95822
      View Details
    • $1.25 SF/Yr
      1,500 SF

      Retail Space in South Hills

      Retail space available within South Hills Shopping Center.
      5858-5898 S Land Park Dr, Sacramento, CA 95822
      View Details
    • Contact for pricing

      Land Park Retail Property Available

      Retail property in Land Park neighborhood near Sacramento City College.
      4980 Freeport Blvd, Sacramento, CA 95822
      View Details
    • Contact for pricing

      Retail Space in Established Center

      Located in a high-traffic area near retail and food services.
      2326 Florin Rd, Sacramento, CA 95822
      View Details

    Property Visit Statistics

    • Visits by month
      3.8k
    • Visitors by month
      4.3k
    • Avg Time on site
      39 min
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    Sacramento, CA 95822-2049
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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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