646 El Camino AveSacramento, CA 95815

  • Healthcare properties
  • 2,872 SF
For Lease
$6,965.04/SF/YR View listing

Property Details for 646 El Camino Ave

Year built
1985
Construction
TILT-UP CONCRETE
Lot size
0.17 AC
Property size (Sq ft)
2,872 SF
Zone code
C-2
Property type
Healthcare properties
Property subtype
Medical offices
APN
275-0041-011-0000
APU
27500410110000

Description

This exceptional 2,872-square-foot commercial property at 646 El Camino Ave, Sacramento, CA 95815, presents a unique investment opportunity. Situated on a 0.16-acre lot, this single-story, 1985-built building underwent a complete renovation in 2023. The property boasts a versatile C-2 zoning, allowing for a wide range of uses. Previously occupied by a medical tenant, the space is now a blank canvas, featuring existing bathroom, office, and storage rooms. The building is a standalone brick structure with four parking spaces, a fenced backyard, and a fenced side yard. Located on the high-traffic El Camino Avenue in Sacramento's Point West submarket (Sacramento County), this property offers excellent visibility and accessibility. The property's tax cost per square foot is $1.82. Utilities are electric. The cross street is Del Paso Blvd, and the APN is 275-0041-011-000. This adaptable space is ideal for a variety of businesses seeking a well-maintained, conveniently located office in a thriving Sacramento neighborhood. The property is classified as both Traditional and Creative Office space.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $477,202
    6.5%
    $440,494
    7%
    $409,030
  • Comparable approach

    Method
    Valuation
    Relative Method
    $410,064
    Geo Method
    $410,064
  • Alternative Use

    Use
    Valuation
    Residential
    $546,213
    Hospitality
    $500,328
    Educational
    $416,267
    Medical
    $430,583
    Retail
    $647,527
646 El Camino Ave, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6109
Longitude
-121.452
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
$5,240
$132,600
$275,400
$408,000
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