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Property profile & analytics
FOR LEASE
Commercial land

4840 Watt Ave North Highlands, CA 95660

0.38 ac lot
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US09-2902093
4840 Watt Ave, North Highlands, CA 95660 For Lease
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4840 Watt Ave, North Highlands, CA 95660
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Property summary
AI-generated overview

This exceptional ±1.46-acre commercial land parcel presents a prime investment opportunity in Sacramento County. Located at the highly visible intersection of Watt Avenue and Myrtle Avenue, this property boasts exceptional visibility and accessibility, benefiting from significant daily traffic counts. The site is zoned SPA and has already received approval for the development of a fuel and convenience store, streamlining the permitting process for a qualified buyer. This makes it ideal for developers seeking a build-to-suit project or those interested in a long-term ground lease. The property's single-tenant designation offers simplicity and control, while its location within a high-density area ensures strong potential for high returns. The surrounding area features robust neighboring businesses, further enhancing the property's value and appeal. This is a rare chance to acquire a strategically positioned commercial land parcel in a thriving Sacramento County market, ready for immediate development or lease. The ±1.46 acres offer significant potential for a variety of commercial uses, making it an attractive proposition for investors and developers alike. Don't miss this opportunity to secure a piece of Sacramento's vibrant commercial landscape. Contact us today to learn more about this exceptional property and explore the possibilities.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.38 ac (16,500 SF)
Zoning code SPA
APN 240-0011-020-0000
UPID US09-2902093
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tera Properties LLC · 9 yrs held
Tera Properties LLC
since 2017
4 recorded transactions
2017
$1.3M
2017
Price N/A
2002
Price N/A
1997
Price N/A
Zoning & alternative use
SPA · North Highlands, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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