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2528 Tesla Ave
Sacramento, CA 95825
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,840 SF
Building Class
C
Year Built
1957
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.30 AC
Zoning
AC
Parking
6 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
106’ on Tesla Way
Amenities
- Property Manager on Site
About 2528 TESLA AVE , SACRAMENTO, CA 95825
Zoned, Auto Commercial (AC), Free Standing Auto Mechanic Shop Buidling, approx. 1,840 sqft on .13 Acre Lot. Current tenant in Sub Lease, lease expires Oct, 2021 plus 3 yrs option to extend with $150 annual increase. Tenant on Modified Gross Lease; Landlord responsible for RE Taxes, Tenant responsible for Insurance and All utilities. $3,200 per month = $38,400 gross rent - RE Taxes, Current owner nets $34,300, approx 6.9% Cap. Good Return on investment or future owner/user opportunity. Small den/office area on 2nd floor. Three Lift belongs to LL. Per owner, permitted New Roof will be replaced.
Property Taxes
| Parcel Number | 278-0190-022 | Improvements Assessment | $300,000 |
| Land Assessment | $100,000 | Total Assessment | $400,000 |
Property Taxes
Parcel Number
278-0190-022
Land Assessment
$100,000
Improvements Assessment
$300,000
Total Assessment
$400,000
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