4848 Madison AveSacramento, CA 95841
- Retail properties
- 6,660 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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