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Property profile & analytics

6661 Auburn Blvd Citrus Heights, CA 95621-4925

  • Individual retail properties
  • 16,888 SF
  • 1.76 lot acres
OFF-MARKET
Last Sale
Jan 28, 2025
$2,678,000
Value Estimations
$2,660,000
Show details
Cap Rate Potential
8.2%
Individual retail properties
Location Intelligence
Property ID
US09-3609032
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

  • 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

Property Details for 6661 Auburn Blvd

Year built
1999
Construction
WOOD
Lot size
1.76 lot acres
Property size
16,888 SF
Zone code
LC
Property type
Individual retail properties
APN
211-0132-046-0000
APU
21101320460000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,670,000
    ML approach
    $2,610,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $3,665,000
    6.5%
    $3,380,000
    7%
    $3,140,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $2,113,000
    Market price range: $561k - $2.15M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $2,865,000
    Current use
    MEDICAL BUILDING
    $4,395,000
    Change: +54% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $4,360,000
    Change: +52% Conversion: Difficult
    APARTMENT HOUSE (5+ UNITS)
    $4,055,000
    Change: +42% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $3,945,000
    Change: +38% Conversion: Easy
    INDUSTRIAL (GENERAL)
    $3,525,000
    Change: +23% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Citrus Heights
County
Sacramento
State
California
Longitude
-121.309
Latitude
38.6878
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
$50,674
$831,851
$3,381,373
$4,213,224
-
$0.00
$0.00
$0.00
More about this property
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