5044 Madison Ave Sacramento, CA 95841
- Retail space
- 7,786 SF
- 0.53 lot acres
Current Use by Public Records
- Big Savings Insurance Agency, Inc / Insurance Agency
- Pronto Insurance Agency / Insurance Agency
- Gallagher Insurance, Risk Management & Consulting / Insurance Agency
- Xpress Tax Services / Accounting Firm / Tax Preparation
- AT&T Store / Mobile Phone Store / Electronics & Wireless Store
Property Details for 5044 Madison Ave
- Year built
- 1976
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.53 lot acres
- Property size
- 7,786 SF
- Zone code
- LC
- Property type
- Retail space
- APN
- 228-0222-010-0000
- APU
- 22802220100000
Description
This exceptional retail property, located at 5044 Madison Ave in Sacramento, CA 95841, presents a prime opportunity for businesses seeking high visibility and strong foot traffic. Situated at the signalized intersection of Madison Avenue and Auburn Boulevard, this Class B building offers 7,700 square feet of retail space across three suites. A minimum of 650 square feet is divisible, with a maximum contiguous space of 5,000 square feet currently available. 5,650 square feet is currently vacant. The property is zoned for Light Commercial use and benefits from its location near a variety of established businesses, including a brand new drive-thru Starbucks opening soon, Target, Smart & Final, McDonald's, Burger King, and Chipotle. The single-story building offers excellent accessibility and ample parking. This corner location provides exceptional visibility and exposure to a high volume of traffic, making it an ideal location for a variety of retail businesses. The property's strategic location and strong tenant mix create a compelling investment opportunity. Serious inquiries are encouraged to explore this exceptional retail space.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,015,000
- 6.5%
- $1,860,000
- 7%
- $1,725,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,650,000
- AI Estimate
- $1,064,000
Market price range: $889k - $1.65MMarket price range: $249k - $1.06M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,275,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,440,000 Change: +91% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $2,305,000 Change: +81% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,990,000 Change: +56% Conversion: Difficult
- MEDICAL BUILDING
- $1,985,000 Change: +55% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,840,000 Change: +44% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,705,000 Change: +34% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.347
- Latitude
- 38.6605
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA