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7732-7734 Fair Oaks Dr 1,650 SF Vacant Retail Building Carmichael, CA 95608 $400,000 ($242.42/SF) 6.30% Cap Rate
Investment Highlights
- Empty office space for new owner to lease out.
- Open floor plan for owner to renovate for business need.
- Outdoor patio area in the back
- Two separate address.
- Busy street that will attract customers
Executive Summary
Prime Commercial Investment & Owner-User Opportunity. This property offers outstanding visibility, convenient access, and strong exposure to both vehicle and pedestrian traffic. The property features two commercial addresses (7732 & 7734 Fair Oaks Blvd), creating flexibility for owner-users, investors, or businesses seeking multiple suites. Its strategic location places it among established retail, professional services, restaurants, and residential neighborhoods, providing a steady customer base and excellent accessibility. Previous lease was $3,000 per month with a cap rate at 6%. Both sides are vacant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,650 SF
Building Class
C
Year Built
1945
Price
$400,000
Price Per SF
$242.42
Cap Rate
6.30%
NOI
$25,200
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.15 AC
Zoning
GC - General Commercial zoning. Could be for retail and office use.
Parking
9 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
55’ on Fair Oaks Boulevard
Amenities
- Air Conditioning
- Smoke Detector
- Shower Facilities
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cb Photography & Videography
- Professional, Scientific, and Technical Services
- 825 SF
- $600.00
- Jul 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cb Photography & Videography | Professional, Scientific, and Technical Services | 825 SF | $600.00 | Jul 2026 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 260-0021-007 | Improvements Assessment | $54,857 |
| Land Assessment | $70,537 | Total Assessment | $125,394 |
Property Taxes
Parcel Number
260-0021-007
Land Assessment
$70,537
Improvements Assessment
$54,857
Total Assessment
$125,394
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
7732-7734 Fair Oaks Dr