2820 Marconi AveSacramento, CA 95821

Property Details for 2820 Marconi Ave

Year built

1996

Construction

TILT-UP CONCRETE

Lot size

0.66 AC

Property size (Sq ft)

8,087 SF

Zone code

SPA

Property type

Retail properties

Property subtype

Retail space

APN

268-0210-093-0000

APU

26802100930000

Description

This exceptional Sacramento County retail property offers 48,134 square feet of space, including 7,559 square feet currently vacant. Located in a prime retail corridor with a Walmart Neighborhood Market anchor tenant, this property boasts high visibility and consistent customer traffic. The building, constructed in 1959, features versatile spaces suitable for various uses, including retail and dance studios. Units range from a minimum of 2,559 square feet to a maximum contiguous space of 5,000 square feet. Lease rates are highly competitive, with premium corner pad spaces available at $2.25 per square foot and expansive second-floor spaces at $1.00 per square foot. The property offers prominent signage opportunities on Marconi Avenue, ensuring excellent brand visibility. Its convenient location provides easy access to major roads and ample parking. The zoning is SPA, and the APN is 268-0210-093-0000. This is a unique opportunity to establish a business in a high-traffic, well-established retail center. The property is comprised of two suites and is situated near Corbel Ln.

• CAP approach

  CAP return

  Valuation

  6%

  $1,975,253

  6.5%

  $1,823,311

  7%

  $1,693,074

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,909,748

  Geo Method

  $2,909,748

• Alternative Use

  Use

  Valuation

  Residential

  $1,538,031

  Hospitality

  $1,408,828

  Educational

  $1,172,128

  Medical

  $1,212,440

  Retail

  $1,823,311

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.6176

Longitude

-121.397

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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