8517 Florin RdSacramento, CA 95828

Property Details for 8517 Florin Rd

Year built

1947

Construction

WOOD

Lot size

0.94 AC

Property size (Sq ft)

2,400 SF

Zone code

SPA

Property type

Retail properties

Property subtype

Retail space

APN

064-0065-007-0000

APU

6400650070000

Description

This exceptional commercial land offering presents a rare opportunity in Sacramento, California. Located at the highly visible northeast corner of Florin Road and Florin Perkins Road, this ±1.42-acre property comprises three parcels (APN: 064-0065-007, -008, -009), totaling approximately 61,992 square feet. The site currently features a ±2,400 square foot freestanding building, which can be removed to suit the buyer's needs. Zoned SPA (Special Planning Area), this property is ideally suited for a variety of commercial uses, particularly fuel stations or fast-food establishments. Florin Road's position as a major east-west artery in South Sacramento ensures high traffic counts and excellent visibility. The area boasts a dense population, providing a strong daytime population base and significant consumer traffic. This strategic location, combined with the substantial lot size and flexible zoning, makes this an unparalleled investment opportunity in a thriving Sacramento market. The individual parcel sizes are approximately 0.94 acres, 0.24 acres, and 0.24 acres respectively. This property offers significant potential for development and strong returns. Don't miss this chance to acquire a premier commercial site in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $593,510

  6.5%

  $547,856

  7%

  $508,723

• Comparable approach

  Method

  Valuation

  Relative Method

  $863,533

  Geo Method

  $863,533

• Alternative Use

  Use

  Valuation

  Residential

  $462,137

  Hospitality

  $423,315

  Educational

  $352,193

  Medical

  $364,305

  Retail

  $547,856

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.4965

Longitude

-121.39

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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