4848 Madison AveSacramento, CA 95841

  • Retail properties
  • 6,660 SF
For Lease

Property Details for 4848 Madison Ave

Year built
1988
Construction
TILT-UP CONCRETE
Lot size
0.43 AC
Property size (Sq ft)
6,660 SF
Zone code
LC
Property type
Retail properties
Property subtype
Retail space
APN
228-0210-031-0000
APU
22802100310000

Description

This exceptional retail opportunity presents two available suites within a 6,660 square foot building situated at 4848 Madison Avenue in Sacramento, California, zip code 95841. The property, classified as Class B, boasts a single-story structure on a 0.43-acre lot, conveniently located at the southwest corner of Madison Avenue and College Oak Drive. This high-traffic location sees approximately 50,000 vehicles daily, providing excellent visibility and accessibility for businesses. The building features three total suites, with two currently available for lease. One inline suite offers 1,105 square feet, while the end-cap suite provides 1,396 square feet of space. Both suites are Title 24 compliant. The minimum divisible space is 1,105 square feet, with a maximum contiguous space of 1,396 square feet. The total vacant space within the building is 2,501 square feet. The property is zoned LC and has an APN of 228-0210-031-0000. This prime retail location in the Sacramento submarket within Sacramento County offers a unique chance to establish or expand your business in a high-traffic area. Property taxes are $0 per square foot.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,296,270
    6.5%
    $1,196,557
    7%
    $1,111,089
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,396,305
    Geo Method
    $2,396,305
  • Alternative Use

    Use
    Valuation
    Residential
    $1,009,341
    Hospitality
    $924,551
    Educational
    $769,216
    Medical
    $795,670
    Retail
    $1,196,557
4848 Madison Ave, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6606
Longitude
-121.351
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
$12,895
$250,990
$864,526
$1,115,516
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