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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9620 Stockton Blvd Elk Grove, CA 95624-1565

    • Drive through restaurants
    • 2,668 SF
    • 0.70 lot acres
    OFF-MARKET
    Last Sale
    Dec 15, 2020
    $1,141,000
    Value Estimations
    $1,485,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5601508
    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.

    Current Use by Public Records

    • Jack in the Box / Dessert Restaurant / Hamburger Restaurant

    Property Details for 9620 Stockton Blvd

    Year built
    2019
    Construction
    WOOD
    Lot size
    0.70 lot acres
    Property size
    2,668 SF
    Zone code
    SC
    Property type
    Drive through restaurants
    APN
    125-0030-042-0000
    APU
    12500300420000

    Description

    This exceptional ±2,000 square foot quick-service restaurant (QSR) endcap space is located within The Grove, a ±4.5-acre commercial retail development in Elk Grove, California. Built in 2024, this single-story building offers a prime location at the busy Highway 99/East Stockton Boulevard interchange, ensuring maximum visibility and accessibility for your business. The property features a convenient drive-thru, ideal for maximizing customer convenience and throughput. The space is currently vacant and ready for immediate occupancy. The entire space is available for lease, offering a minimum divisible space of 2,000 square feet and a maximum contiguous space of 2,000 square feet. This is a rare opportunity to establish your business in a high-traffic area with excellent visibility and convenient access for customers. The address is 9620 E Stockton Blvd, Elk Grove, CA 95624. This property is part of a larger development, offering the potential for synergy with other businesses in the area. Don't miss this chance to secure a prime location for your QSR establishment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,515,000
      ML approach
      $1,540,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,255,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,950,000
      Change: +55% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove
    County
    Sacramento
    State
    California
    Longitude
    -121.387
    Latitude
    38.4079
    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
    $36,090
    $1,210,837
    $2,037,182
    $3,248,019
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $615,000
      5,993 SF

      8710 Elk Grv Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,993 SF
      8710 Elk Grv Blvd, Elk Grove, CA 95624-1737
      View Details
    • Value Estimation by Request
      2,290 SF

      9679 Stockton Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,290 SF
      9679 Stockton Blvd, Elk Grove, CA 95624-2565
      View Details
    • Value Estimation
      $2,250,000
      480 SF

      8610 Elk Grv Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 480 SF
      8610 Elk Grv Blvd, Elk Grove, CA 95624-1701
      View Details
    • Value Estimation
      $575,000
      3,050 SF

      8401 Elk Grv Florin Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,050 SF
      8401 Elk Grv Florin Rd, Elk Grove, CA 95624-9518
      View Details
    • Value Estimation by Request
      2,370 SF

      8679 Elk Rdg Way

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,370 SF
      8679 Elk Rdg Way, Elk Grove, CA 95624-2261
      View Details
    • Value Estimation
      $545,000
      2,823 SF

      9181 Stockton Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,823 SF
      9181 Stockton Blvd, Elk Grove, CA 95624-9509
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,944 SF

      Restaurant with Dual Lane Drive-Through

      Restaurant with dual lane drive-through and large outdoor patio.
      9583 Elk Grove Florin Rd, Elk Grove, CA 95624
      View Details
    • $12,580,000
      2.08 Acres

      Elk Grove LA Fitness Investment

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      Elk Grove Parcels For Sale

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      Elk Grove Land For Sale

      Commercial land available in Elk Grove, California.
      Elk Grove, CA 95624
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      Prime Land with Freeway Visibility

      Land with frontage on East Stockton Boulevard, close to freeways.
      8731 Stockton Blvd, Elk Grove, CA 95624
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      Land at Signalized Intersection

      Land in Elk Grove at Bond and Bradshaw Road.
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    Similar Nearby for Lease

    • Contact for pricing
      38,150 SF

      Grant Line Village: Elk Grove Retail

      New Retail Development, 15 Acres, Hwy 99
      99 & Grant Line Rd, Elk Grove, CA 95624
      View Details
    • $60 SF/Yr
      2,230 SF

      Grant Line Rd QSR Pad

      Prime QSR Pad, Drive-Thru, High Traffic
      QSR2 Nec Waterman Rd & Grant Line Rd, Elk Grove, CA 95624
      View Details
    • $51 SF/Yr
      2,800 SF

      Grant Line Rd QSR Pad

      Prime QSR Pad, High Traffic Area
      QSR1 Nec Waterman Rd & Grant Line Rd, Elk Grove, CA 95624
      View Details
    • $42 SF/Yr
      3,400 SF

      Elk Grove Restaurant Opportunity

      Prime Elk Grove location, 3,400 sq ft.
      Restaurant Nec Waterman Rd & Grant Line Rd, Elk Grove, CA 95624
      View Details
    • $1.25 SF/Yr
      2,547 SF

      Elk Grove Warehouse/Showroom Space

      Warehouse/Showroom space with excellent access to Hwy 99.
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      View Details
    • Contact for pricing
      2,408 SF

      High-Profile Strip Center Space

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      9332 Elk Grove Blvd, Elk Grove, CA 95624
      View Details
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    9620 Stockton Blvd
    Elk Grove, CA 95624-1565
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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