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Property profile & analytics
OFF-MARKET Estimated value $7,030,000
Retail space

8507 Bond Rd Elk Grove, CA 95624-9457

49,470 SF 1.13 ac lot Built 2004
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US09-2766160
Property summary
AI-generated overview

This exceptional 42,000 square foot retail strip center, located at 8507, 8509, 8511, 8515, 8517 & 8519 Bond Road in Elk Grove, California (zip code 95624), presents a unique investment opportunity. The entire property, totaling 42,000 square feet, is currently vacant, offering a blank canvas for a single tenant or the potential for multiple tenants. Situated in Sacramento County, this property benefits from high visibility and accessibility, making it an ideal location for a variety of retail businesses. The address provides excellent street frontage and ample parking for customers. This is a rare chance to acquire a substantial retail space in a thriving Elk Grove location. The property's size and layout offer significant flexibility for customization to suit a wide range of retail concepts. With its prime location and substantial square footage, this property is poised for immediate occupancy and significant return on investment. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional retail space offers. The property is classified as a retail strip center with multiple tenancy potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Total area 49,470 SF
Lot 1.13 ac (49,222 SF)
Zoning code SC
APN 116-0041-021-0000
UPID US09-2766160
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
  • Scandinavian Designs Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.39M
Comparable Approach Comparable
$8.23M
Blend (final) Blend
$7.03M
Owner & transaction history
Grocery Outlet INC · 19 yrs held
Grocery Outlet INC
since 2007
2 recorded transactions
2025
Price N/A
2007
Price N/A
Zoning & alternative use
SC · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $11.6M +23.9%
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