Property profile & analytics
7224 55th St Sacramento, CA 95823-2630
- Individual retail properties
- 38,460 SF
- 3.58 lot acres
OFF-MARKET
Last Sale
Feb 02, 2021
Feb 02, 2021
Value Estimations
$4,145,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US10-3163333
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
- Eco Thrift / Discount Store
Property Details for 7224 55th St
- Year built
- 1982
- Construction
- TILT-UP CONCRETE
- Lot size
- 3.58 lot acres
- Property size
- 38,460 SF
- Zone code
- GC TC
- Property type
- Individual retail properties
- APN
- 050-0610-001-0000
- APU
- 5006100010000
Description
This exceptional 0.77-acre commercial land parcel presents a unique investment opportunity in Sacramento, California. Located at 7224 55th Street, in Sacramento County, zip code 95823, this single-tenant property offers significant potential for development. The site boasts a generous lot size, providing ample space for a variety of commercial ventures. Its strategic location within Sacramento offers easy access to major transportation routes, ensuring high visibility and convenient accessibility for businesses and customers. The property is designated as commercial land, providing flexibility for various development plans. With its substantial size and prime location, this property is ideal for entrepreneurs and investors seeking a foothold in the thriving Sacramento market. The absence of existing structures allows for complete design freedom, enabling the creation of a bespoke commercial development tailored to specific needs and vision. This is a blank canvas for a new commercial enterprise, offering a rare chance to build from the ground up in a desirable area. The property's location in Sacramento County, California, provides access to a robust infrastructure and a strong local economy. This presents a compelling opportunity for long-term growth and return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The coordinates for the property are 38.4949274 latitude and -121.4432967 longitude.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,543,000
Market price range: $1.49M - $6.82M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,820,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.443
- Latitude
- 38.495
- 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
$63,537
$2,154,252
$3,083,127
$5,237,379
-
$0.00
$0.00
$0.00
