4220 Florin RdSacramento, CA 95823
- Retail properties
- 136,738 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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