4810 Watt Ave North Highlands, CA 95660-5109
This exceptional owner-user opportunity presents a 9,490-square-foot shopping center situated on a sizable 35,574-square-foot lot in North Highlands, California. The property, built in 1955, features a single-story building with three units, currently vacant. Located at 4810 Watt Ave, 95660, this retail center boasts excellent visibility and is strategically positioned within a thriving commercial area, surrounded by a mix of businesses, shops, restaurants, and multi-family residences. Its convenient location offers easy access to public transportation and benefits from nearby new developments. The property's significant lot size presents considerable upside potential for future development, allowing buyers to capitalize on value appreciation and adapt to evolving market demands. This presents a unique chance to generate passive income during any potential entitlement process for future projects. The property is offered for sale by the owner, who intends to close their business if the property is not sold. The APN numbers are 240-0011-016-0000, 240-0011-032-0000, and 240-0011-017-0000. The asking price is $2,000,000. North Highlands is a vibrant and diverse community within the Sacramento metropolitan area, known for its inclusive atmosphere and proximity to California State University, Sacramento.
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Mattress Sale Department Store
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Furniture Mart Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SPA · North Highlands, CANorth Highlands. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.