3077 Fite CirSacramento, CA 95827

  • Office properties
  • 41,124 SF
For Sale

Property Details for 3077 Fite Cir

Year built
1991
Construction
TILT-UP CONCRETE
Lot size
3.98 AC
Property size (Sq ft)
41,124 SF
Zone code
OIMU (FBSP
Property type
Office properties
Property subtype
Office buildings
APN
077-0330-080-0000
APU
7703300800000

Description

This exceptional 40,959-square-foot industrial property in Sacramento, CA, offers a versatile flex/warehouse space ideal for various businesses. Located at 3077 Fite Circle, 95827, this single-tenant building boasts a gross lease structure with attractive market incentives, currently priced at $1.45 per square foot, full service. The property features a generous parking ratio, currently at 4.5 spaces per 1,000 square feet, with the potential to increase to 8.0 per 1,000. Enjoy excellent visibility from Highway 50, enhancing your business's accessibility and brand awareness. The building includes private interior courtyards, offering a unique blend of functionality and aesthetic appeal. The warehouse area encompasses approximately 11,500 square feet of climate-controlled space. High ceilings, ranging from 16 to 20 feet, provide ample vertical space for storage or specialized equipment. Access is convenient with one 10x12 grade-level door. This property is professionally managed and presents a rare opportunity to secure a well-maintained, strategically located industrial space in a thriving Sacramento market.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,462,128
    6.5%
    $5,965,041
    7%
    $5,538,967
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,871,684
    Geo Method
    $5,871,684
  • Alternative Use

    Use
    Valuation
    Residential
    $7,396,651
    Hospitality
    $6,775,292
    Educational
    $5,636,964
    Medical
    $5,830,828
    Retail
    $8,768,610
3077 Fite Cir, Sacramento, California
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Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5737
Longitude
-121.322
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
$80,401
$947,098
$5,833,760
$6,780,858
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FAQs

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