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    Property profile & analytics

    7945 Madison Ave Citrus Heights, CA 95610-7801

    • Grocery and convenience stores
    • 28,243 SF
    • 2.74 lot acres
    OFF-MARKET
    Value Estimations
    $5,160,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5125737
    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

    • Smart & Final Extra! / Big Box & Wholesale Store
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service

    Property Details for 7945 Madison Ave

    Year built
    2016
    Construction
    TILT-UP CONCRETE
    Lot size
    2.74 lot acres
    Property size
    28,243 SF
    Zone code
    SC
    Property type
    Grocery and convenience stores
    APN
    233-0044-014-0000
    APU
    23300440140000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,130,000
      6.5%
      $5,655,000
      7%
      $5,255,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,524,000
      Market price range: $2.51M - $6.52M
      AI Estimate
      $3,295,000
      Market price range: $910k - $3.30M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,470,000
      Current use
      MEDICAL BUILDING
      $7,355,000
      Change: +65% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $7,290,000
      Change: +63% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $6,780,000
      Change: +52% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $6,595,000
      Change: +48% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $5,890,000
      Change: +32% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Citrus Heights
    County
    Sacramento
    State
    California
    Longitude
    -121.271
    Latitude
    38.6652
    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
    $169,567
    $1,901,310
    $11,525,071
    $13,426,381
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      43,600 SF

      6124 San Juan Ave

      Lifestyle centers • 43,600 SF
      6124 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Value Estimation
      $4,955,000
      43,579 SF

      7424 Greenback Ln

      GROCERY, SUPERMARKET • 43,579 SF
      7424 Greenback Ln, Citrus Heights, CA 95610-5604
      View Details
    • Value Estimation by Request
      106 SF

      8550 Auburn Blvd

      CONVENIENCE STORE • 106 SF
      8550 Auburn Blvd, Citrus Heights, CA 95610
      View Details
    • Value Estimation by Request
      3,656 SF

      7754 Mariposa Ave

      CONVENIENCE STORE • 3,656 SF
      7754 Mariposa Ave, Citrus Heights, CA 95610-2382
      View Details
    • Value Estimation
      $570,000
      3,960 SF

      6201 Birdcage St Ste A

      RETAIL STORES (PERSONAL SERVICES) • 3,960 SF
      6201 Birdcage St Ste A, Citrus Heights, CA 95610-8044
      View Details
    • Value Estimation
      $16,730,000
      137,732 SF

      7840 Greenback Ln

      APPLIANCE STORE • 137,732 SF
      7840 Greenback Ln, Citrus Heights, CA 95610-5910
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      43,600 SF

      Citrus Heights Retail Center

      Prime retail space, high traffic area.
      6124 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • $16,301,936
      257,584 SF

      Sunrise Mall Retail Giant

      Massive vacant storefront, prime location.
      5900 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
    • $10,047,843
      72,660 SF

      Kohl's Retail Investment Opportunity

      High-Yield Kohl's Net Lease in Citrus Heights
      6135 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • $3,480,000
      23,200 SF

      Retail Anchor Building For Sale

      23,200 SF anchor building with excellent I-80 access.
      8489-8493 Auburn Blvd, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      2,346 SF

      Multi-Tenant Retail Building For Sale

      Multi-tenant retail building with high visibility and monument signage.
      5411-5415 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      163,548 SF

      Citrus Heights Retail Opportunity

      Prominent retail location at Sunrise Blvd and Greenback Lane.
      5900 Sunrise Mall, Citrus Heights, CA 95610
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Retail Space in Citrus Heights

      Retail space available in established shopping center with high visibility.
      6035 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on Greenback Lane

      Retail spaces available in Citrus Heights, ranging from 900-2,300 SF.
      8075-8085 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • $885,000
      3,065 SF

      Freestanding Retail/Industrial Building For Rent

      Freestanding retail/industrial building on Greenback Lane retail corridor.
      7552 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      1,470 SF

      Retail Space in Citrus Heights

      Retail space available in a busy Citrus Heights location.
      7855 Madison Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      245,000 SF

      Citrus Town Center Retail Spaces

      Prime Sacramento County retail spaces available.
      0 Nec Sunrise Blvd & Greenback Ln, Citrus Heights, CA 95610
      View Details
    • Contact for pricing
      2,583 SF

      Retail Space on Auburn Boulevard

      Retail space available for lease on Auburn Boulevard.
      7725 Auburn Blvd, Citrus Heights, CA 95610
      View Details
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    7945 Madison Ave
    Citrus Heights, CA 95610-7801
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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