5027 El Camino Ave Carmichael, CA 95608-4651
- Investment properties
- 4,746 SF
- 0.45 lot acres
Aug 03, 2020
Current Use by Public Records
- casallay / Furniture Store
- Rossi Furniture / Furniture Store / Service Establishment
- 3 Brother's Food Mart / Convenience Store
Property Details for 5027 El Camino Ave
- Year built
- 1977
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.45 lot acres
- Property size
- 4,746 SF
- Zone code
- LC
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 271-0304-016-0000
- APU
- 27103040160000
Description
This exceptional single-tenant retail property, located at 5027 El Camino Avenue in Sacramento County, presents a fantastic investment opportunity. Boasting a total building size of 4,746 square feet, the property sits on a generous 19,550 square foot lot. Currently, 2,140 square feet are available for lease, offering considerable flexibility for a variety of commercial uses. Imagine transforming this space into an office, furniture store, or other suitable business. The building, constructed in 1977, is a single-story structure conveniently situated near the intersection of El Camino Avenue and Walnut Avenue (Cross Street: El Camino/Walnut Ave). The property's advantageous location is further enhanced by its proximity to a neighboring smoke shop at 5029 El Camino Ave. The lease terms are attractive, with a monthly rent of $1.75 per square foot and a CAM charge of $0.25 per square foot. The property's APN is 271-0304-016-0000. This is a rare chance to acquire a well-positioned retail space in a thriving Sacramento County location. Don't miss this opportunity to establish your business in a high-traffic area with excellent visibility. The property is ready for immediate occupancy.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,060,000
- ML approach
- $1,105,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,015,000
- 6.5%
- $935,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,391,000
- AI Estimate
- $800,000
Market price range: $560k - $1.69MMarket price range: $412k - $895k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,110,000 Current use
- OFFICE BUILDING
- $1,265,000 Change: +14% Conversion: Easy
- MEDICAL BUILDING
- $1,235,000 Change: +11% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,225,000 Change: +11% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Carmichael
- County
- Sacramento
- State
- California
- Longitude
- -121.346
- Latitude
- 38.6104
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA