4220 Florin RdSacramento, CA 95823

  • Retail properties
  • 136,738 SF
For Lease

Property Details for 4220 Florin Rd

Year built
2000
Construction
WOOD
Lot size
11.92 AC
Property size (Sq ft)
136,738 SF
Zone code
SC
Property type
Retail properties
Property subtype
Community centers
APN
050-0630-010-0000
APU
5006300100000

Description

Southgate Plaza, a Class A retail strip center in Sacramento, CA (95823), offers exceptional leasing opportunities. Located at 4220 Florin Rd, this prominent property boasts a total of 344,826 square feet, providing ample space for a variety of retail businesses. Currently, there are 64,034 square feet of vacant space available, divisible into units ranging from a minimum of 1,646 square feet to a maximum contiguous space of 52,257 square feet. This flexibility allows for businesses of various sizes to find the perfect fit. The property's prime location in Sacramento County ensures high visibility and accessibility for customers. The "anchor" designation within the "Strip Center" subtype suggests a strong potential for attracting significant foot traffic and building a thriving retail presence. This is an excellent opportunity to establish or expand your business in a vibrant and high-traffic area of Sacramento. The property's Class A designation speaks to its high-quality construction and modern amenities. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $33,814,748
    6.5%
    $31,213,612
    7%
    $28,984,068
  • Comparable approach

    Method
    Valuation
    Relative Method
    $49,199,100
    Geo Method
    $49,199,100
  • Alternative Use

    Use
    Valuation
    Residential
    $26,329,850
    Hospitality
    $24,118,000
    Educational
    $20,065,894
    Medical
    $20,755,990
    Retail
    $31,213,612
4220 Florin Rd, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.495
Longitude
-121.457
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
$223,889
$5,234,012
$11,533,822
$16,767,834
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FAQs

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