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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5901 Florin Rd Sacramento, CA 95823

    • Retail properties
    • 274,198 SF
    • 19.83 lot acres
    For Lease
    View listing
    $3 SF/Yr
    Last Sale
    Oct 28, 2022
    $10,200,000
    Value Estimations
    $10,790,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3294000
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Florin Farmers' Market Ebt Association / Market
    • Sears Heating and Air Conditioning / Hvac Contractor / Furnace Repair Service
    • Anytime Web Design Sacramento / Website Designer

    Property Details for 5901 Florin Rd

    Year built
    1968
    Construction
    TILT-UP CONCRETE
    Lot size
    19.83 lot acres
    Property size
    274,198 SF
    Zone code
    SC
    Property type
    Retail properties
    APN
    042-0011-009-0000
    APU
    4200110090000

    Description

    This exceptional 64,013 square foot retail space, located at 5901 Florin Rd, Sacramento, CA 95823, presents a unique investment opportunity. The entire building is currently vacant, offering a blank canvas for a new tenant or developer. Situated on approximately 20 acres, this property boasts high visibility and accessibility due to its proximity to South Sacramento Freeway 99, which sees a daily traffic volume of 220,000 vehicles. The property's location within the growing Florin suburb of Sacramento makes it an attractive destination for retailers. The existing structure offers significant value-add potential, with the flexibility to reposition the property for various retail or commercial uses, creating substantial upside for the new owner. This presents a rare chance to capitalize on new pad development in a thriving market. The property type is retail, with multiple tenancy options. The property is classified as retail and is located in Sacramento County, California. This is a substantial opportunity for a business seeking a large, high-traffic location in a growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $10,845,000
      ML approach
      $10,385,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,625,000
      Market price range: $10.6M - $48.6M
      AI Estimate
      $7,729,000
      Market price range: $7.73M - $23.3M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.437
    Latitude
    38.4977
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $149,534
    $8,812,800
    $1,591,200
    $10,404,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      19,000 SF

      5555 65Th St

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    • Value Estimation
      $7,090,000
      160,012 SF

      5601 Florin Rd

      DEPARTMENT STORE • 160,012 SF
      5601 Florin Rd, Sacramento, CA 95823-7807
      View Details
    • Value Estimation by Request
      2,854 SF

      3102-3198 Arden Way

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    • Value Estimation by Request

      8755-8785 Center Pkwy

      Individual retail properties
      8755-8785 Center Pkwy, Sacramento, CA 95823
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    • Value Estimation by Request

      7850 Stockton Blvd

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      7850 Stockton Blvd, Sacramento, CA 95823
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      55,000 SF

      8101-8251 Cosumnes River Blvd

      Community centers • 55,000 SF
      8101-8251 Cosumnes River Blvd, Sacramento, CA 95823
      View Details

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    Similar Nearby for Lease

    • $123,120
      585,593 SF

      Sacramento Retail Land Opportunity

      High-traffic corner lot, multiple parcels available.
      3815 Florin Rd, Sacramento, CA 95823
      View Details
    • $3 SF/Yr
      249,834 SF

      Florin Towne Centre Anchor Space

      Sacramento Retail Space: High-traffic, highway-adjacent location.
      5901 Florin Rd, Sacramento, CA 95823
      View Details
    • $3 SF/Yr
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      Florin Towne Centre: Prime Retail Pad

      Sacramento Retail Space: 64,013 SF Available
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      View Details
    • $2 SF/Yr
      47,952 SF

      Florin Towne Centre Pad: Prime Retail Land

      Sacramento Retail Pad - 47,952 SF Available
      5901 Florin Rd, Sacramento, CA 95823
      View Details
    • $1.56 SF/Yr
      62,436 SF

      Florin Towne Centre Pad Site

      Prime Retail Pad, 62,436 SF Available
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      View Details
    • $16 SF/Yr
      15,701 SF

      Valley Shopping Center Retail Space

      Sacramento Retail: High-Traffic Location
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    Sacramento, CA 95823
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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