8785 Center Pkwy Sacramento, CA 95823
Property profile & analytics
8785 Center Pkwy Sacramento, CA 95823
- Strip malls
- 60,745 SF
- 5.30 lot acres
Property ID
US09-2617928
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.
Location Intelligence
Current Use by Public Records
- Lashes & More Beauty / (Bike/Boat/Book/etc) Store / Cosmetic Store
- Fire Wings Center Pkwy / Restaurant
- Electrify America Charging Station / Electric Vehicle Charging Station
- SafeSplash Swim School - Sacramento (Laguna) / Tutoring Service
- KClipz / Artist
Property Details for 8785 Center Pkwy
- Year built
- 1996
- Construction
- WOOD
- Lot size
- 5.30 lot acres
- Property size
- 60,745 SF
- Zone code
- SC-PUD
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 117-0211-033-0000
- APU
- 11702110330000
Description
This 805-square-foot retail space, located at 8785 Center Parkway in Sacramento, California (zip code 95823), is situated within a thriving 24 Hour Fitness gym in the Laguna submarket cluster. Currently available for lease as a single-tenant occupancy, this property is ideally suited for a variety of health, wellness, and fitness-related businesses. Suitable uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense instruction, physical therapy, sports rehabilitation, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services, health diagnostic screening and testing, and the sale of related products such as workout apparel and sports accessories. Prospective tenants should note that food and beverage preparation on-site is prohibited, as are pole dancing classes and any uses requiring significant construction or utility upgrades. The lease includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This exceptional location offers high visibility and access to a built-in customer base within a well-established fitness facility. The property is in Sacramento County, California.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $17,890,000
- 6.5%
- $16,515,000
- 7%
- $15,335,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $21,617,000
- AI Estimate
- $9,758,000
Market price range: $9.69M - $25.2MMarket price range: $1.69M - $15.3M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $19,145,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $17,995,000 Change: -6% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $15,545,000 Change: -19% Conversion: Difficult
- MEDICAL BUILDING
- $15,465,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.419
- Latitude
- 38.4392
- 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
$164,091
$3,458,108
$11,423,275
$14,881,383
-
$0.00
$0.00
$0.00
