920 J StSacramento, CA 95814

Property Details for 920 J St

Year built

1890

Construction

TILT-UP CONCRETE

Lot size

0.07 AC

Property size (Sq ft)

9,600 SF

Zone code

C-3-SPD

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

006-0101-011-0000

APU

601010110000

Description

This exceptional three-story commercial building, located at 920 J Street in Sacramento, California, presents a unique owner-user opportunity or redevelopment project. Boasting 9,600 square feet on a 3,200 square foot lot (APN 006-0101-011), this property is zoned C-3-SPD and offers significant investment potential. The building features recently updated systems including a newer elevator, electrical service, roof, and HVAC. Its prime downtown location offers unparalleled convenience and visibility. Situated adjacent to the Citizen Hotel and within walking distance of the State Capitol, City Hall, Downtown Commons (DOCO), and numerous restaurants and coffee shops, this property benefits from high foot traffic and strong surrounding amenities. The building's versatile layout is ideal for a variety of uses, making it an attractive option for businesses seeking a prominent downtown presence. The asking price is $2,300,000. This is a rare chance to acquire a well-maintained, strategically located commercial property in the heart of Sacramento's vibrant downtown core. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $3,648,792

  6.5%

  $3,368,115

  7%

  $3,127,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,124,566

  Geo Method

  $2,124,566

• Alternative Use

  Use

  Valuation

  Residential

  $3,368,115

  Hospitality

  $3,085,176

  Educational

  $2,566,830

  Medical

  $2,655,107

  Retail

  $3,992,846

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5801

Longitude

-121.494

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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