6300 Garfield AveSacramento, CA 95841
- Retail properties
- 9,000 SF
Property Details for 6300 Garfield Ave
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 1.04 AC
- Property size (Sq ft)
- 9,000 SF
- Zone code
- LC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 220-0022-029-0000
- APU
- 22000220290000
Description
This exceptional 17,400 square foot retail center, located at 6300 Garfield Ave in Sacramento, CA 95841, presents a unique investment opportunity. The property boasts a prime location at the intersection of Garfield Avenue and Greenback Lane, benefiting from extremely high traffic counts and proximity to major thoroughfares. Currently, three spaces are available, ranging in size from approximately 1,220 square feet to 1,813 square feet. One notable space is a ±1,560 square foot hard corner endcap, previously occupied by Scafe. Another available endcap space measures approximately 1,813 square feet. A smaller shop space of approximately 1,220 square feet is also available. The center enjoys strong co-tenancy with established businesses including Original Pizza House, Kids Care Dental, and US Air Force Recruiting. Its strategic location across from Century 16 Theaters and less than a quarter mile from the Interstate 80/Greenback Lane interchange ensures exceptional visibility and accessibility. This densely populated area of North Sacramento County offers a robust customer base for retail businesses. The property's high-identity design and prominent location make it an ideal investment for discerning buyers seeking a thriving retail presence in a high-traffic area. This is a rare opportunity to acquire a well-positioned retail center in a desirable Sacramento location.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,751,717
- 6.5%
- $1,616,970
- 7%
- $1,501,472
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,238,250
- Geo Method
- $3,238,250
-
Alternative Use
- Use
- Valuation
- Residential
- $1,363,974
- Hospitality
- $1,249,393
- Educational
- $1,039,480
- Medical
- $1,075,230
- Retail
- $1,616,970
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.6803
- Longitude
- -121.333
- 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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