6500 Elvas Ave - Warehouse FOR SALE


Sacramento, CA 95819- East Sacramento
$2,100,000 USD
916-612-5314
6500 Elvas Ave, Sacramento, CA for Sale
$2,100,000 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

6500 Elvas Ave
Sacramento, CA 95819
East Sacramento


HIGHLIGHTS

  • Building + Yard Bundle: $2,500,000 ($1.10/SF building; $0.15/land SF yard)
  • Building Only: $2,100,000 ($218.75/SF)
  • Yard Only: $500,000 ($29.63/land SF)
  • Rare building + yard configuration in East Sacramento
  • Excellent visibility and access from Elvas Ave, Folsom Blvd, and Highway 50

OVERVIEW

Sitting squarely in the middle of the thriving and rapidly growing submarket of East Sacramento, 6500 Elvas Ave, Sacramento, CA 95819 (“The Property”) represents one of the few remaining flexible commercial opportunities in this highly sought-after area. Just 0.3 miles from Highway 50 and 65th Street, and located under 200 feet from Hornet Xing, the primary pedestrian entry point on the west side of Sacramento State, the Property benefits from consistent daily foot traffic combined with strong visibility and exposure to over 15,800 cars per day on the corner of 65th Street and Elvas Avenue. The Property is a 9,600 square foot industrial building, a unique offering for East Sacramento. The Property and its zoning allow for a wide range of retail, service, and commercial uses, while still capitalizing on the visibility and consumer activity driven by its proximity to the Sacramento State campus. Further enhancing the long term value of the Property, more than 4,600 student housing beds are located within 0.5 miles of the Property, which serve Sac State’s student body of over 31,000 students. As East Sacramento continues its robust push for new housing and mixed-use development, flexible commercial spaces within walking distance of Sacramento State are incredibly scarce. Opportunities of this scale, versatility, and location rarely come to market, making this a truly exceptional offering for brands seeking long-term positioning in one of Sacramento’s fastest-growing and most dynamic districts. This property is not just an excellent lease or sale opportunity, but a mixed-use development opportunity given its proximity to the university. By right the parcel would allow 74,000 square feet of vertical development with an FAR of 4:1. 16,875 yard also available for sale for a combined $2,500,000. Also available for lease at $1.20 per square foot per month, NNN

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.42

LAND SF

18,500

ZONING

RMX-TO-SPD

APN/PARCEL ID

008-0383-026

ASK ABOUT THIS PROPERTY

Scott KingstonTurton Commercial Real EstateMore Info
916-612-5314

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Scott KingstonTurton Commercial Real EstateMore Info
916-612-5314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.