8940 Greenback Ln Orangevale, CA 95662-4647
- Retail space
- 6,110 SF
- 0.47 lot acres
Current Use by Public Records
- Retail space
Property Details for 8940 Greenback Ln
- Year built
- 2006
- Construction
- WOOD
- Lot size
- 0.47 lot acres
- Property size
- 6,110 SF
- Zone code
- SPA
- Property type
- Retail space
- APN
- 223-0142-057-0000
- APU
- 22301420570000
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,585,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,765,000
- 6.5%
- $1,630,000
- 7%
- $1,820,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,850,000
- Geo Method
- $1,690,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,835,000
- Retail
- $1,580,000
- Mixed-Use
- $1,700,000
- Hospitality
- $1,515,000
- Educational
- $1,630,000
- Residential Income
- $1,940,000
- Energy
- $1,925,000
- Income-Based Land
- $1,840,000
- Food Service
- $1,545,000
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