Property profile

6421 Martin Luther King Jr Blvd Sacramento, CA 95823

OFF-MARKET
Retail space
Property ID
US09-1369493
7,500 SF 0.5 ac lot Built 2006
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Total area 7,500 SF
Lot 0.5 ac (21,607 SF)
Zoning code TC
APN 039-0031-007-0000
UPID US09-1369493

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Barber Shop
  • Restaurant
  • Hair Salon

Location

6421 Martin Luther King Jr Blvd Sacramento, CA 95823-1157
Sacramento metro Census 4502 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$990k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2021
$1.4M
2019
$1.3M
2019
Price N/A
2011
$1.1M
2007
Price N/A
2006
Price N/A

Zoning & alternative use

TC · Sacramento, CA
Zoning description

The purpose of the TC zone is to regulate land uses within, above, and below public agency transportation corridors to ensure that development is consistent with the general plan, and to provide uniform standards for the…

General category UNKNOWN
Top alternative use upside
Industrial (general) $1.6M +74.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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