320 3rd St | West Sacramento, CA 95605
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- LoopNet Team
320 3rd St
West Sacramento, CA 95605
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Includes Two (2) parcels - 1.026 AC/44,866 square feet combined land area.
- $415,000 net profit over 2-3 years based on historical sales and rent, splitting up the assemblage and disposition sale of all the components.
- Density: up to 60 residential units per acre.
- Acquisition Cap Rate - 5.67% / Pro-Forma Cap Rate - 8.24%.
- Located in an Opportunity Zone.
- (6) high-quality residential units & (5) retail units / 5,520 SF total ground floor retail space.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,970 SF
Building Class
C
Year Built
1930
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Zoning
MU-NC - Mixed Use Neighborhood Commercial
Parking
15 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
251’ on 3rd St
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $348,320 | |
| Land Assessment | $959,699 | Total Assessment | $1,308,019 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$959,699
Improvements Assessment
$348,320
Total Assessment
$1,308,019
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