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Property profile & analytics
OFF-MARKET Estimated value $1,585,000
Strip malls

7431 Madison Ave Citrus Heights, CA 95610-7407

10,000 SF 0.69 ac lot Built 1973
Trust Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US09-1033054
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Construction WOOD
Total area 10,000 SF
Lot 0.69 ac (30,240 SF)
Zoning code LC
APN 233-0081-023-0000
UPID US09-1033054
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
  • Shenanigans Kitchen & Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.96M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.59M
Owner & transaction history
Kraft,brian & Bernadette Trust · 7 yrs held
Kraft,brian & Bernadette Trust
since 2018
4 recorded transactions
2018
Price N/A
1999
$500,000
1998
$1.8M
1969
Price N/A
Zoning & alternative use
LC · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

LC Limited Commercial The LC Zoning District is applied to areas appropriate for a mixture of land uses, with primarily small-scale retail and pedestrian-oriented office uses on the ground floors of commercial structures, and residential units allowed on upper floors. The LC Zoning District is consistent with and implements the General Commercial land use de…

Zone name Limited Commercial
General category COMMERCIAL
Zone area 102.04 ac
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