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Property profile

8640 23Rd Ave Sacramento, CA 95826

FOR LEASE
Distribution centers
Property ID
US09-5552533
72,000 SF 3.17 ac lot Built 1973
Last sale Dec 2025 · $7,780,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 8640 23rd Ave in Sacramento, California is an industrial warehouse facility with a fully renovated interior. It offers suites ranging from approximately 11,996 square feet to 48,152 square feet and includes outdoor yard space of up to about 15,000 square feet. Loading and access include one 14' x 14' dock-high door, five 14' x 14' grade-level doors, and four active rail service doors, supporting industrial storage and distribution with multiple loading methods and on-site rail service capability.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$32k
Tax billed · 2024
Assessed value$2.46M
Assessed land$510k
Assessed improvement$1.95M
Effective rate1.29%

Value estimate

· Oct 2026
$8.14M
$7.32M – $8.95M
CAP approach$8.51M
Submarket $/SF estimate$8.47M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$118 – $202
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-2S
The purpose of the M-2S zone is to permit the manufacture or treatment of goods. Setbacks are required in the M-2S zone to provide more a...
General categoryINDUSTRIAL
JurisdictionSACRAMENTO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
Laundry Service8.2
Dental Office7.7

Location

8640 23Rd Ave Sacramento, CA 95826
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8440 Belvedere, Sacramento, CA 95826-5904 $9,200,000 Sep 2024 37,100 SF
8111 Fruitridge, Sacramento, CA 95826-4759 $2,325,000 Jul 2024 48,264 SF
8470 Belvedere, Sacramento, CA 95826-5906 $6,928,000 Jun 2022 53,760 SF
8792 Fruitridge, Sacramento, CA 95826-9740 $4,600,000 Jan 2022 41,600 SF
5601 Warehouse, Sacramento, CA 95826-4906 $9,875,000 Oct 2021 78,400 SF
9293 Beatty, Sacramento, CA 95826-9733 $5,000,000 Sep 2020 51,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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