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Investment Highlights

  • Existing site improvements (paving, landscaping, curb gutter and sidewalk, parking lot lighting, etc.) replacement cost of approximately $10.00 PSF
  • Aliados Restaurant, Pollo Campero, Raising Cane's, and Quick Quack leases signed!

Property Facts

Price $1,623,000 - $6,751,000
Sale Type Investment
No. Lots 4
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Community Center
Total Lot Size 4.84 AC
Opportunity Zone Yes
Zoning SC

4 Lots Available

Lot Pad 1

Price $3,329,000
Price Per AC $2,265,340.90
Lot Size 1.47 AC

The site is approximately 10-acres with close proximity to South Sacramento FWY 99 (220,000 VPD), giving new ownership a rare opportunity to capitalize on new pad development.

Lot Pad 4

Lot Size 1.10 AC

In escrow.

Lot Pad 5

Price $1,623,000
Price Per AC $1,132,325.84
Lot Size 1.43 AC

Lot Pad 7

Price $1,799,000
Price Per AC $2,152,161.01
Lot Size 0.84 AC

Description

As a suburb of Sacramento with a steadily growing population, Florin has become an attractive destination for retailers and developers. The center offers a significant opportunity for value add, and the option to reposition the property into other retail/commercial uses, creating tremendous upside.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
042-0011-009
Land Assessment
$8,989,056
Improvements Assessment
$1,623,024
Total Assessment
$10,612,080
  • Listing ID: 27233620

  • Date on Market: 12/2/2022

  • Last Updated:

  • Address: 5901 Florin Rd, Sacramento, CA 95823

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