8861 Greenback Ln Orangevale, CA 95662
- Strip malls
- 31,180 SF
- 2.76 lot acres
Current Use by Public Records
- Strip malls
Property Details for 8861 Greenback Ln
- Year built
- 1987
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.76 lot acres
- Property size
- 31,180 SF
- Zone code
- SPA
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 223-0081-017-0000
- APU
- 22300810170000
Description
This exceptional retail property, located at 8861 Greenback Lane in Orangevale, California (zip code 95662), offers 16,959 square feet of vacant space in a strip center configuration. The property is situated in Sacramento County and presents a unique opportunity for multiple tenants or a single large occupant. Individual spaces range from a minimum of 687 square feet to a maximum contiguous space of 3,968 square feet, providing flexibility for various business needs. The entire 16,959 square feet is currently available for lease. This prime location in Orangevale offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's convenient location within Sacramento County ensures easy access for customers and employees alike. With eight available spaces, this retail center provides a diverse range of options for potential tenants seeking to establish or expand their businesses in a thriving community. The property is classified as a retail strip center, offering a well-established and easily accessible retail environment. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant retail presence in a desirable Orangevale location. The property's size and layout offer considerable potential for a variety of retail concepts.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,610,000
- 6.5%
- $6,105,000
- 7%
- $5,665,000
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Location Insight
- Map
- Local Demand
- City
- Orangevale
- County
- Sacramento
- State
- California
- Longitude
- -121.228
- Latitude
- 38.6796
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA