Property profile

721 Sterling Pkwy Lincoln, CA 95648

OFF-MARKET
Retail space
Property ID
US09-7241916
8,568 SF 0.8 ac lot Built 2006
Individually Owned 19-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,200 square foot retail space is part of the Villages at Sterling Pointe, a dynamic mixed-use development ideally situated on Sterling Parkway in Lincoln, California. The property boasts a prime location just east of Highway 65, ensuring excellent visibility and accessibility for businesses. This single-story building offers a unique opportunity to capitalize on the significant growth within the Lincoln trade area. The site benefits from its proximity to substantial residential communities, including the established Del Webb's Lincoln Hills, a 6,800-unit senior community with over 12,000 residents located directly to the east. Furthermore, the nearby Lincoln Crossing, a 2,958-unit residential community, is currently under construction and experiencing strong home sales. The ongoing development and expansion of Lincoln, with several planned projects and approved specific plans, promise continued growth and a robust customer base for businesses in this location. This presents a compelling investment opportunity for businesses seeking a high-traffic, well-positioned retail space in a rapidly expanding market. The property's multiple tenancy allows for flexibility and potential for diverse business ventures. The 4,200 square feet of vacant space is ready for immediate occupancy. The Placer County location offers access to a strong local economy and a growing population.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction WOOD
Total area 8,568 SF
Lot 0.8 ac (34,920 SF)
APN 330-190-003-000
UPID US09-7241916

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
  • Pet Grooming Service
  • Bar & Pub
  • Restaurant
  • Nail Salon

Location

721 Sterling Pkwy Lincoln, CA 95648-7303
Lincoln metro Census 23502 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
by Request
Blend (final) Blend
$1.46M

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.4M +26.1%
Auto repair, garage $2.3M +20.2%
Medical building $2.0M +2.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 721 Sterling Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message