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Premier Auto Repair Facility – High Income 2850 47th Ave

4,224 SF Industrial Building Sacramento, CA 95822 $995,000 ($236/SF) 6.63% Cap Rate

Investment Highlights

  • Tenant Stability: Precision Automotive Service is a dependable and long-term tenant
  • Flexible Zoning: Allows for a range of uses, offering future repurposing options
  • Layout: Auto repair building with 4 garage bay doors
  • Potential Use: Commercial or Auto Repair
  • Prime Location: Situated in the growing Sacramento County, benefiting from regional development

Executive Summary

Stable Income: Monthly income of $5,500 from Precision Automotive Service under a NNN lease. Lease expires 8/31/28. Tenant has one (1) 5-year Option to extend through 8/31/33
Flexible Zoning: Allows for a range of uses, offering future repurposing options
Reliable Tenant: Long-term, established tenant
Prime Location: Situated in the growing Sacramento County, benefiting from regional development
Investment Security: Long-term tenant with consistent income
Parcel Number: APN #036-0182-005-0000
Parking Ratio: +/- 20 spaces
Layout: Auto repair building with 4 garage bay doors
Property Zoning: M-1S-EA-4 (Light Industrial, Specific Plan, Employment Area 4 - Commercial / Auto Repair)
Financials
Asking Price: $995,000 ($236 PSF)
Current Rent: $5,500 per month, NNN

Property Facts

Price $995,000
Price Per SF $236
Sale Type Investment
Cap Rate 6.63%
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Repair
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 0.37 AC
Rentable Building Area 4,224 SF
No. Stories 1
Year Built 1980
Tenancy Single
Opportunity Zone Yes

Amenities

  • Courtyard
  • Fenced Lot
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Precision Automotive Service
  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Precision Automotive Service Services 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
036-0182-005
Land Assessment
$204,000
Improvements Assessment
$663,000
Total Assessment
$867,000

zoning

Zoning Code M-1S-EA-4 (Light Industrial, Specific Plan, Employment Area 4)
M-1S-EA-4 (Light Industrial, Specific Plan, Employment Area 4)
  • Listing ID: 30044963

  • Date on Market: 11/13/2023

  • Last Updated:

  • Address: 2850 47th Ave, Sacramento, CA 95822

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