2538 Cottage WaySacramento, CA 95825

  • Retail properties
  • 14,434 SF
For Sale
$1,700,000 View listing

Property Details for 2538 Cottage Way

Year built
1974
Construction
TILT-UP CONCRETE
Lot size
1.35 AC
Property size (Sq ft)
14,434 SF
Zone code
LC
Property type
Retail properties
Property subtype
Retail space
APN
278-0190-057-0000
APU
27801900570000

Description

This exceptional opportunity presents a well-established liquor store for sale in Sacramento, CA. Located at 2538 Cottage Way, this 2,580 square foot retail space, built in 1979 and renovated in 2006, sits on a 1.99-acre lot. The property boasts a prime location on a busy street, benefiting from high visibility and consistent foot and vehicle traffic. Its strategic placement near thriving residential and commercial areas ensures a steady stream of customers. The business enjoys a strong track record of profitability and customer loyalty, making it a turnkey operation ready for immediate success. The surrounding area demonstrates strong demographics, with a median household income of $25,000 and a consumer spending of approximately $1.2 billion within a 5-mile radius. The property is zoned LC and offers a significant opportunity for a new owner to capitalize on an already flourishing business. This Class B building presents a rare chance to acquire a profitable and established business in a high-demand location. The asking price is $1,700,000.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,525,511
    6.5%
    $3,254,318
    7%
    $3,021,866
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,193,434
    Geo Method
    $5,193,434
  • Alternative Use

    Use
    Valuation
    Residential
    $2,745,139
    Hospitality
    $2,514,532
    Educational
    $2,092,061
    Medical
    $2,164,010
    Retail
    $3,254,318
2538 Cottage Way, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.603
Longitude
-121.403
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
$32,740
$874,308
$1,810,195
$2,684,503
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