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Property profile & analytics
OFF-MARKET Estimated value $2,660,000
Individual retail properties

6661 Auburn Blvd Citrus Heights, CA 95621-4925

16,888 SF 1.76 ac lot Built 1999
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3609032
Property summary
AI-generated overview

This exceptional 16,888-square-foot retail property, formerly a Rite Aid pharmacy, presents a compelling investment or owner-occupancy opportunity in the thriving Citrus Heights market. Located at a signalized intersection on Auburn Blvd in Sacramento County, CA, the property boasts excellent visibility and high traffic counts exceeding 41,500 vehicles per day. The single-story building, constructed in 1999, sits on a 1.76-acre lot and features a double drive-thru lane, ample parking (approximately 73 spaces), and prominent monument signage. The building also benefits from its co-location with a long-term 24 Hour Fitness tenant. The LC (Limited Commercial) zoning allows for versatile uses, including retail, office, residential, or mixed-use development. This densely populated area is surrounded by residential homes, apartments, senior living facilities, and other retail establishments, including national brands like Costco, Walmart, and Starbucks. Within a 5-mile radius, there are over 381,000 residents with an average household income exceeding $94,500. The property's pro-forma net operating income (NOI) is $303,984. This is a fee-simple ownership opportunity with significant potential for a savvy investor or owner-occupant seeking a prime location in a high-demand area. The property is currently vacant, offering a blank canvas for a new business or redevelopment project. The property's location and zoning provide a unique opportunity for a variety of uses.

Property profile
Verified
Property type Individual retail properties
Use group APPLIANCE STORE
Year built 1999
Construction WOOD
Total area 16,888 SF
Lot 1.76 ac (76,665 SF)
Zoning code LC
APN 211-0132-046-0000
UPID US09-3609032
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
  • Timothy J. Waller, PharmD Pharmacy
  • CDReload - Online Bitcoin ATM Crypto Atm Atm
  • Phil Fotopoulos, RPH Pharmacy
  • Richard J. Morgan, PharmD Pharmacy
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.61M
CAP Approach CAP
$3.38M
Comparable Approach Comparable
$2.11M
Blend (final) Blend
$2.66M
Owner & transaction history
Khachatryan Properties LLC · 1 yrs held
Khachatryan Properties LLC
since 2025
Last sale
$2.7M
2 recorded transactions
2025
$2.7M
2019
Price N/A
Zoning & alternative use
LC · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $4.4M +53.5%
Auto repair, garage $4.4M +52.2%
Apartment house (5+ units) $4.1M +41.6%
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