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    8973 Grant Line Rd Elk Grove, CA 95624
    Property profile & analytics

    8973 Grant Line Rd, Elk Grove, CA 95624

    View on Map

    • Retail space
    • 5,583 SF
    • 0.51 lot acres
    Improved Land For Lease/Sale For Lease
    $955,000

    Improved Land For Lease/Sale

    4.5 AC improved land, excellent development opportunity.

    8973 Grant Line Rd, Elk Grove, CA
    View Listing
    Property ID
    US09-5284112
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Umai Bar & Grill / Bar & Pub / Restaurant

    Property Details for 8973 Grant Line Rd

    Year built
    2007
    Construction
    WOOD
    Lot size
    0.51 lot acres
    Zone code
    GC
    Property type
    Retail space
    APN
    126-0250-011-0000
    APU
    12602500110000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 16, 2025 — Grandline Pg LLC — Deed · related $750k · Us Bank NA
    Jan 10, 2018 — Grantline Eg LLC Grantline Eg LLC Quit Claim Deed · related $600k · Jmr Wilgrant LLC
    Jan 17, 2014 $950,000 Grantline Eg LLC Jmr Wilgrant LLC Grant Deed · related $600k · Jmr Wilgrant LLC
    Feb 22, 2007 — Jmr Wilgrant LLC Owner Name Unavailable Grant Deed · related —
    — — Grantline Eg LLC — Loan Modification · related $600k · Jmr Wilgrant LLC

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,025,000
      6.5%
      $945,000
      7%
      $880,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,247,000
      Market price range: $575k - $1.61M
      AI Estimate
      $677,000
      Market price range: $204k - $1.02M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,055,000
      Current use
      MEDICAL BUILDING
      $1,455,000
      Change: +38% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,440,000
      Change: +37% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,305,000
      Change: +24% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove
    County
    Sacramento
    State
    California
    Longitude
    -121.299
    Latitude
    38.4313
    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
    $20,706
    $396,598
    $1,029,585
    $1,426,183
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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