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    767 Ikea Ct West Sacramento, CA 95605-1664
    Property profile & analytics

    767 Ikea Ct West Sacramento, CA 95605-1664


    • Retail space
    • 10,570 SF
    • 1.51 lot acres
    Off-Market
    Last Sale Mar 8, 2024
    $5,195,000
    Property ID
    US09-5825063
    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.

    Value Estimations
    $5,195,000
    Show details
    Cap Rate Potential
    2.9%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Beach Hut Deli / Restaurant
    • Manchuria Hakka Cuisine / Restaurant
    • T4 Tea 4 / Cafe & Coffee Shop
    • We Fix It Phone Repair / Computer & Electronic Repair / Tech Support Center
    • Electrify America Charging Station / Electric Vehicle Charging Station

    Property Details for 767 Ikea Ct

    Year built
    2008
    Construction
    WOOD
    Lot size
    1.51 lot acres
    Property size
    10,570 SF
    Property type
    Retail space
    APN
    014-793-073-000
    APU
    14793073000

    Description

    This exceptional investment opportunity presents a thriving T-4 franchise boba and snacks shop located at 767 Ikea Ct, West Sacramento, CA 95605. The 1,200 square foot Class A retail space, built in 2008, benefits from a highly desirable C-2 zoning. Currently operating under a NNN lease with a remaining term of approximately 3.9 years (expiring October 1, 2028), with a 10-year initial lease commencing October 1, 2018, and 5-year renewal options. The property features over $300,000 in tenant improvements, including a fully equipped kitchen with a grease trap, and a complete sprinkler system, making it ideal for a variety of food service businesses. The strategic location near Ikea and a Super Walmart ensures high foot traffic and visibility. The lease includes annual rent bumps of 3%, providing consistent income growth. This single-unit property is a turnkey operation ready for a new owner to step in and continue its success. The asking price is $199,999. This is a rare chance to acquire a well-established, profitable business in a prime location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,195,000
      ML approach
      $5,195,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,411,000
      Market price range: $871k - $6.35M

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


    Location Insight

    • Map
    • Local Demand
    City
    West Sacramento
    County
    Yolo
    State
    California
    Longitude
    -121.551
    Latitude
    38.5893
    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
    2023
    $52,895
    $1,185,000
    $3,029,500
    $4,214,500
    -
    $0.00
    $0.00
    $0.00
    More about this property
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