2469 Rio Linda BlvdSacramento, CA 95815

Property Details for 2469 Rio Linda Blvd

Year built

2004

Construction

TILT-UP CONCRETE

Lot size

0.75 AC

Property size (Sq ft)

9,656 SF

Zone code

C-2

Property type

Healthcare properties

Property subtype

Medical offices

APN

263-0251-003-0000

APU

26302510030000

Description

This exceptional 9,656 square foot, single-story commercial building in Sacramento, CA, presents a compelling investment opportunity. Situated on a 32,552 square foot lot at 2469 Rio Linda Blvd, 95815, this property boasts a prime location with high visibility and convenient access to I-80 and Hwy 160. Currently featuring two suites, the building offers a flexible layout ideal for various commercial and medical uses, zoned C-2 (General Commercial) in Sacramento County. Suite A, approximately 6,656 square feet, includes a reception area, eight private offices, a large open workspace, a spacious waiting room, and two restrooms. Suite B comprises approximately 3,000 square feet of built-out office space. The property features ample parking with approximately 35 spaces, including secure, gated parking in the front and rear. The building was constructed in 2004 and currently has 69% occupancy. Average household income within a three-mile radius is $77,115. Rio Linda Blvd has an average daily traffic count of 7,235 vehicles, while El Camino Ave sees 16,622. The property is available for sale, with lease options available for Suite A and Suite B at $1.50 per square foot, modified gross. This presents a unique opportunity for owner-users or investors seeking a versatile property in a thriving Sacramento location. The property's history includes tenancy by Allmed Medical Center (Suite A) and Sacramento Children’s Home Family Resource Center (Suite B). The significant traffic counts and strong demographics make this a highly attractive investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $1,604,410

  6.5%

  $1,480,994

  7%

  $1,375,208

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,378,684

  Geo Method

  $1,378,684

• Alternative Use

  Use

  Valuation

  Residential

  $1,836,432

  Hospitality

  $1,682,162

  Educational

  $1,399,539

  Medical

  $1,447,671

  Retail

  $2,177,060

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.6125

Longitude

-121.45

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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