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851 Richards Blvd 22,320 SF 46% Leased Industrial Building Sacramento, CA 95811 $3,300,000 ($147.85/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Year 2 projected cap rate: 12.17%, Pro forma cap rate: 15%
- Just two minutes from Downtown Sacramento, bordering West Sacramento and Natomas.
- Positioned in an emerging development area blending industrial and retail
- Prime Location: Corner of Richards Blvd & N 8th St.
- Across the street from the police station and next to the highway patrol.
- Excellent mix of security, accessibility, and growth potential This property captures the intersection of opportunity and high return.
EXECUTIVE SUMMARY
The 22,320 SF property is situated on 1.4 acres and offers plenty of shared parking, along with a small private yard for the 11,981 SF vacant unit. The vacant unit features barbed-wire fencing, a sturdy cinder-block building, a split-level warehouse with a pit area, and two drive-in roll-up doors. Enclosed drive-in docks are also located inside the building. On the west side, there’s a small private yard with two drive-up docks. Ample shared parking is available behind the building, which is especially convenient since the adjacent club operates from 6:00 PM to 4:00 AM. The vacant unit also provides approximately 1,000 SF of office space. This is a fantastic location with significant space and growth potential. Invest confidently and unlock the financial rewards of owning this prime industrial property—ideal for owner-users or investors.
PROPERTY FACTS
AMENITIES
- Bus Line
- Fenced Lot
- Metro/Subway
- Security System
- Signage
- Skylights
- Yard
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Amorr
- Public Administration
- -
- -
- -
- Arianna's Dances
- Educational Services
- -
- -
- -
- Baby's Paradise
- Retailer
- -
- -
- -
- Club Fantasy
- Accommodation and Food Services
- -
- -
- -
- Hazell Entertainment
- Arts, Entertainment, and Recreation
- -
- -
- -
- Hq Nightclub
- Arts, Entertainment, and Recreation
- -
- -
- -
- Sharae's Seduction
- Public Administration
- -
- -
- -
- Violet
- Public Administration
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Amorr | Public Administration | - | - | - | ||
| Arianna's Dances | Educational Services | - | - | - | ||
| Baby's Paradise | Retailer | - | - | - | ||
| Club Fantasy | Accommodation and Food Services | - | - | - | ||
| Hazell Entertainment | Arts, Entertainment, and Recreation | - | - | - | ||
| Hq Nightclub | Arts, Entertainment, and Recreation | - | - | - | ||
| Sharae's Seduction | Public Administration | - | - | - | ||
| Violet | Public Administration | - | - | - |
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,006,152 | |
| Land Assessment | $1,181,133 | Total Assessment | $2,187,285 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,181,133
Improvements Assessment
$1,006,152
Total Assessment
$2,187,285
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851 Richards Blvd
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