4150 Florin Perkins RdSacramento, CA 95826

  • Industrial properties
  • 35,045 SF
For Sale
$5,400,000 View listing

Property Details for 4150 Florin Perkins Rd

Year built
1985
Construction
TILT-UP CONCRETE
Lot size
2.09 AC
Property size (Sq ft)
35,045 SF
Zone code
M-1S-SWR
Property type
Industrial properties
Property subtype
Distribution centers
APN
061-0140-046-0000
APU
6101400460000

Description

This exceptional investment opportunity presents a fully leased, single-story industrial warehouse totaling 35,000 square feet on a 2.09-acre lot in Sacramento, CA. The property, built in 1980, boasts a 10.12% cap rate based on a Net Operating Income (NOI) of $546,630, and is offered at $5,400,000 ($154.09/sq ft). Currently housing three tenants under NNN leases, the property enjoys 100% occupancy. The desirable M-1S zoning adds significant value. Located at 4150 Florin Perkins Rd, Sacramento, CA 95826, this asset benefits from its strategic location in the Power Inn submarket, providing easy access to major freeways (Highway 50, I-80, I-5, and Highway 99) and proximity to Mather Airport. The low 3.3% vacancy rate in the submarket underscores the strength of this investment. Each tenant has a proven track record and intends to remain in the property long-term, ensuring consistent income and stability. The property's price point represents a compelling opportunity in a market where comparable industrial buildings sell for $160-$180 per square foot. This is a rare chance to acquire a high-quality, fully leased industrial property with strong cash flow and significant upside potential.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,303,269
    Hospitality
    $5,773,760
    Educational
    $4,803,701
    Medical
    $4,968,908
    Retail
    $7,472,424
4150 Florin Perkins Rd, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5372
Longitude
-121.392
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
$59,080
$621,252
$3,196,995
$3,818,247
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