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Property profile & analytics
OFF-MARKET Estimated value $810,000
Retail space

9220 Greenback Ln Orangevale, CA 95662

6,272 SF 0.64 ac lot Built 1980
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1246618
Property summary
AI-generated overview

This exceptional investment opportunity is located at 9220-9222 Greenback Lane in Orangevale, California. The property boasts 6,272 square feet of versatile space situated on a sizable 0.66-acre lot. Benefitting from high visibility and accessibility, the property enjoys an estimated 22,000 vehicles passing daily. The single-story building, constructed in 1975 and classified as Class C, features 136 feet of frontage along Greenback Lane, providing excellent street presence. Ample parking is available with 26 dedicated spaces for customers and employees. Currently 100% leased, this property offers immediate cash flow. The Special Planned Area (SPA) zoning allows for a variety of commercial uses, including retail, office, and automotive businesses. The expansive back lot and patio area provide additional flexibility for potential tenants or future development. The surrounding area is a thriving commercial hub with a mix of corporate retail, office, and industrial spaces, ensuring a strong and diverse customer base. This property presents a rare opportunity to acquire a fully leased, high-traffic commercial space in a desirable Orangevale location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction WOOD
Total area 6,272 SF
Lot 0.64 ac (28,096 SF)
Zoning code SPA
APN 223-0171-049-0000
UPID US09-1246618
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$810k
Owner & transaction history
Waseem Nazir · 7 yrs held
Waseem Nazir
since 2019
5 recorded transactions
2024
Price N/A
2019
$800,000
2018
Price N/A
1996
Price N/A
1993
Price N/A
Zoning & alternative use
SPA · Orangevale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $1.3M +23.0%
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