7248 S Land Park Dr Sacramento, CA 95831
Property profile & analytics
7248 S Land Park Dr Sacramento, CA 95831
- Medical Office Space
- 32,705 SF
- 1.50 lot acres
Property ID
US09-0252930
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.
Location Intelligence
Current Use by Public Records
- Sweet and Sultry AF Beauty Lounge / Hair Salon / Nail Salon
- Lady Bits Physical Therapy / Physician
- West Insurance Brokers, Inc. / Insurance Agency
- Leong Jane MD / Pediatrician / Medical Clinic
- Garcia Francisco L MD / Pediatrician / Physician
Property Details for 7248 S Land Park Dr
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 1.50 lot acres
- Property size
- 32,705 SF
- Zone code
- OB-R-EA-3
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 031-0122-018-0000
- APU
- 3101220180000
Description
This exceptional 31,591 square foot medical office building, located at 7248 South Land Park Drive in Sacramento, California (zip code 95831), presents a unique investment opportunity. The property boasts a multi-tenant configuration, with a currently available suite of 1,503 square feet and a total of 1,649 square feet of vacant space. The building is strategically situated within a thriving hub of medical and professional office buildings, benefiting from high visibility and convenient access. Existing suites feature substantial medical tenant improvements (TI's), reducing upfront costs for potential occupants. Ample parking is available for tenants and visitors, ensuring convenience and accessibility. The building's prime location is further enhanced by its proximity to the recently remodeled South Land Park Center, anchored by a Bel Air Grocery Store, providing immediate access to amenities and services. This property offers a blend of established medical infrastructure and a prime location, making it an ideal investment for those seeking a strong return in the Sacramento medical office market. The building's size and layout provide flexibility for a variety of medical practices or professional services. The available space presents an excellent opportunity for expansion or relocation for existing medical businesses or a chance for new entrants to establish themselves in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,080,000
- 6.5%
- $7,455,000
- 7%
- $6,925,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,390,000
- AI Estimate
- $3,219,000
Market price range: $5.39M - $11.2MMarket price range: $1.80M - $8.15M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $8,330,000 Current use
- AUTO REPAIR, GARAGE
- $8,370,000 Change: +0% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $7,730,000 Change: -7% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $7,170,000 Change: -14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.514
- Latitude
- 38.4945
- 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
$53,659
$717,448
$3,658,348
$4,375,796
-
$0.00
$0.00
$0.00
