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    8940 Greenback Ln Orangevale, CA 95662-4647
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    Property profile & analytics

    8940 Greenback Ln, Orangevale, CA 95662-4647

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    • Retail space
    • 6,110 SF
    • 0.47 lot acres
    Off-Market
    Last Sale Jul 23, 2021
    $1,650,000
    Property ID
    US09-1429227
    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.

    Value Estimations
    $1,620,000
    Show details
    Cap Rate Potential
    5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 8940 Greenback Ln

    Year built
    2006
    Construction
    WOOD
    Lot size
    0.47 lot acres
    Zone code
    SPA
    Property type
    Retail space
    APN
    223-0142-057-0000
    APU
    22301420570000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 14, 2026 — Puar Living Trust Joga Puar Deed —
    Jul 23, 2021 $1,650,000 Joga Puar A Kalsi LLC Grant Deed —
    Nov 22, 2019 $1,400,000 A Kalsi LLC Freelove Family Trust Grant Deed —
    Nov 22, 2019 — Kalsi LLC — Deed · related $900k · Freelove Family Trust (pt)
    Aug 8, 2005 — Freelove Family Trust — Trustees Deed · related $916k · Nvb Business Bank
    Jul 7, 2005 — Freelove Family Trust Owner Name Unavailable Grant Deed · related —
    Nov 13, 2003 — Freelove,tr Freelove,jerry & Caryn Quit Claim Deed · related —
    Aug 3, 1993 — Jerry A Freelove Sacramento Vlly Quit Claim Deed · related —
    Jan 22, 1988 $182,000 Jerry&c Freelove Smith Grant Deed $154k · Individual
    — — Freelove Family Trust — Deed Of Trust · related $930k · California Bank & Trust
    — — Kalsi LLC — Deed Of Trust · related $900k · Freelove Family Trust (pt)
    — — Jerry A Freelove — Deed Of Trust · related $150k · Bell Glen W JR

    Description

    This exceptional 1,240 square foot retail space, located at 8940 Greenback Ln in Orangevale, CA 95662, is ideally suited for a hair salon. Situated within a larger 6,110 square foot Class A building, this immediately available space offers a turnkey opportunity for a new or expanding business. The property boasts a convenient location with excellent visibility and accessibility, situated near Hazel Avenue in the thriving Citrus Heights/Orangevale submarket of Sacramento County. The 0.47-acre lot provides ample parking and outdoor space. The space is zoned SPA, ensuring compliance with all necessary regulations for a hair salon operation. The property's APN is 223-0142-057-0000. This is a multiple tenancy building, offering the potential for synergy with other businesses. The minimum divisible space is 1,240 square feet, making it perfect for a salon of various sizes. This is a rare opportunity to establish a thriving business in a desirable location. Don't miss out on this chance to secure a prime retail space in a high-traffic area. Contact us today to schedule a viewing.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,585,000
      ML approach
      $1,595,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,325,000
      6.5%
      $1,225,000
      7%
      $1,135,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,759,000
      Market price range: $629k - $1.76M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,150,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,750,000
      Change: +52% Conversion: Difficult
      MEDICAL BUILDING
      $1,590,000
      Change: +38% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,580,000
      Change: +37% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,425,000
      Change: +24% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,275,000
      Change: +11% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Orangevale
    County
    Sacramento
    State
    California
    Longitude
    -121.224
    Latitude
    38.6779
    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
    $20,701
    $447,372
    $1,269,288
    $1,716,660
    -
    $0.00
    $0.00
    $0.00
    More about this property
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