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Property profile & analytics
FOR LEASE
Individual retail properties

4980 Freeport Blvd Sacramento, CA 95822

18,144 SF 1.03 ac lot Built 1965
Entity Owned Absentee Owner Free & Clear
Property ID
US09-1792838
4980 Freeport Blvd, Sacramento, CA 95822 For Lease
$2,300,000
4980 Freeport Blvd, Sacramento, CA 95822
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Property summary
AI-generated overview

This exceptional 18,144-square-foot retail property, formerly a drugstore, is ideally situated in Sacramento's highly desirable Land Park neighborhood. Located on busy Freeport Boulevard, this single-tenant building benefits from a mature trade area with high barriers to entry. The property's prime location is approximately one mile south of Sacramento City College and the expansive 106-acre Land Park, contributing to a strong and stable customer base. Land Park consistently ranks among the top five neighborhoods in Sacramento for families, ensuring a robust and affluent demographic. Further enhancing its appeal, the recently renovated Park shopping center, anchored by Raley's, is conveniently located within a quarter-mile radius. This presents a unique investment opportunity in a thriving and sought-after community, offering significant potential for future growth and return. The property's size and location make it suitable for a variety of retail uses, capitalizing on the area's strong residential base and high foot traffic. The property is in Sacramento County, California, with a 95822 zip code.

Property profile
Verified
Property type Individual retail properties
Use group APPLIANCE STORE
Year built 1965
Construction TILT-UP CONCRETE
Total area 18,144 SF
Lot 1.03 ac (44,866 SF)
Zoning code C-2-EA-4
APN 017-0172-010-0000
UPID US09-1792838
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
Current use
Occupant on record · Public records
  • Darlene Noguchi, RPH Pharmacy
  • Coinhub Bitcoin ATM Teller Atm
  • Western Union Bank Credit Union
  • higi Health Consultant Self Service Health Station
  • Rite Aid Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.16M
Blend (final) Blend
$2.30M
Owner & transaction history
KORNWASSER M & TRUST (RITE AID CORP)
KORNWASSER M & TRUST (RITE AID CORP)
Zoning & alternative use
C-2-EA-4 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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