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Property profile & analytics
OFF-MARKET Estimated value $9,225,000
Community centers

9500 Greenback Ln Folsom, CA 95630-2091

68,727 SF 4.9 ac lot Built 1982
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US09-1381125
Property summary
AI-generated overview

American River Plaza, located at 9500 Greenback Ln in Folsom, CA 95630, presents a unique retail investment opportunity. This established shopping center boasts a strong tenant mix, anchored by Big Lots! and Ace Hardware, ensuring high foot traffic and visibility. The center offers three available spaces ranging from 1,676 square feet to 3,450 square feet, providing flexibility for various retail concepts. Current co-tenants include popular and well-established businesses such as Starbucks, Round Table Pizza, Carl's Jr., Subway, Jimboy's Tacos, and Sport Clips, creating a synergistic and attractive shopping environment. The property is situated in Sacramento County within a high-density single-family residential area, guaranteeing a substantial and readily accessible customer base. This prime location in Folsom offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in a thriving community. The property type is retail, specifically a shopping center/strip mall with multiple tenancies. The property's coordinates are 38.677383 latitude and -121.1993301 longitude. This is a rare opportunity to secure space in a well-established and successful retail center.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1982
Construction WOOD
Total area 68,727 SF
Lot 4.9 ac (213,444 SF)
Zoning code C-3 (PD)
APN 223-0200-041-0000
UPID US09-1381125
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
Current use
Occupant on record · Public records
  • Crossroads Animal Hospital Veterinary Clinic
  • Anytime Fitness Gym & Fitness Center
  • pharmacy Pharmacy
  • KeyExpress Locksmiths Locksmith (Bike/Boat/Book/etc) Store
  • Modern Apothecary Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.23M
Owner & transaction history
Ethan Conrad · 7 yrs held
Ethan Conrad
since 2018
7 recorded transactions
2024
Price N/A
2018
$2.3M
2016
Price N/A
2015
$11.2M
2006
Price N/A
2003
Price N/A
1969
Price N/A
Zoning & alternative use
C-3 (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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