6300 Garfield AveSacramento, CA 95841

  • Retail properties
  • 9,000 SF
For Lease

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
6300 Garfield Ave, Sacramento, California

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

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
$35,325
$654,993
$2,425,282
$3,080,275
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