8341 Folsom Blvd Sacramento, CA 95826
- Drive through restaurants
- 0.39 lot acres
Current Use by Public Records
- California Burrito Mexican Food #5 / Mexican Restaurant / Fast Food Restaurant
Property Details for 8341 Folsom Blvd
- Lot size
- 0.39 lot acres
- Zone code
- C-2-SPD
- Property type
- Drive through restaurants
- APN
- 079-0182-021-0000
- APU
- 7901820210000
Description
College Greens West, located at 8341 Folsom Blvd in Sacramento, CA 95826, presents a prime retail investment opportunity. This 23,115 square foot strip center boasts a highly desirable location along a major thoroughfare, benefiting from significant daytime traffic generated by nearby Sacramento County Court House and Sacramento Sheriffs Department headquarters. The center serves a large residential population and enjoys convenient access to public transportation, with the College Greens light rail and bus station directly across the street. Currently, 11,147 square feet of space is available, with units ranging from a minimum of 1,172 square feet to a maximum contiguous space of 3,439 square feet. The property sits on an 11.2-acre lot and has undergone recent remodeling, resulting in an attractive and well-maintained condition. Strong shadow anchors include Raley's, Starbucks, and Carl's Jr., further enhancing the center's appeal and drawing significant customer traffic. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving Sacramento neighborhood. The property is easily accessible and benefits from high visibility along Folsom Boulevard. The available space is ideal for a variety of retail uses, offering significant potential for growth and return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,610,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,590,000
- 6.5%
- $2,640,000
- 7%
- $2,480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,275,000
- Geo Method
- $2,295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,135,000
- Retail
- $2,640,000
- Mixed-Use
- $2,400,000
- Hospitality
- $2,115,000
- Educational
- $2,545,000
- Residential Income
- $2,215,000
- Energy
- $1,985,000
- Income-Based Land
- $2,610,000
- Food Service
- $2,085,000
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.398
- Latitude
- 38.5475
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
