gas station/ fast food lots...possible freeway gas station corner lot approx. .67 acre - zoned: lc...
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Gas Station/ Fast Food Lots3725-3735 47th Ave , Sacramento CA 95824
Freeway Exit Development Opportunity
O F F E R I N G M E M O R A N D U M
Gas Station/ Fast Food Lots CONTENTS
Exclusively Marketed by:
Lu Ann HendersonSenior Vice PresidentLic: DRE# 01912126(916) [email protected]
HendersonCRE Virtual Tour
(310) [email protected]
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct yourown investigation of the property and transaction.
10018 Fair Oaks Blvd.Fair Oaks, CA 95762
01 Executive Summary Investment Summary 4 Location Summary 5
02 Property Description Property Features 7 Arial 2 Map 8
03 Demographics Demographics 10 Demographic Charts 12
Gas Station/ Fast Food Lots | Executive Sum
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Executive Summary
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Investment Summary
Location Summary
Gas Station/ Fast Food Lots Investment Summary | 04
OFFERING SUMMARYADDRESS 3725-3735 47th Ave
Sacramento CA 95824
COUNTY Sacramento
MARKET Sacramento
SUBMARKET South Sacramento
OFFERING PRICE $1,500,000
PRICE PSF $51.31
LAND SF 29,232 SF
ZONING TYPE LC
# OF PARCELS 2
APN 037-0243-028 & 037-0243-029
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2019 Population 22,300 196,042 391,9492019 Median HH Income $32,769 $45,100 $54,4422019 Average HH Income $46,264 $62,938 $78,514
Asking $1.5 Million - Future Gas Station Development
Available 3801 47th Ave - Possible Fast Food Restaurant
Freeway Exit 47th Avenue / Martin Luther King Jr BlvdTraffic count South Sacramento Freeway / HWY 99222,478 per dayTraffic count 47th Ave / Martin Luther King Jr Blvd 41,000 /per dayZoned: LC - Limited Commercial Land
ALL UTILITIES ON LOTS
Another 2 Acre Commercial Lots Available Call For Details
916-798-8559 Lu Ann
I have three hard corner freeway lots Left for sale and a few othercommercial lots in the same vivacity. Both corner lots are right across thestreet from an existing high volume Arco Gas Station. These corners are avery rare site in this fast developing Sacramento Market. Most FreewayExit Hard Corner Lots in Sacramento are already developed.
3801 47th Ave is a possible perfect spot for a fast food restaurant. Call fordetails.
within a 1 mile radius:
170 Industrial / Distribution Warehousing
66 Retail / Office Businesses
6 Religious Facilities
SACRAMENTO RETAIL INVESTMENT GAINING STEAM! In 2017,Sacramento retail acquisitions totaled an all-time high $920 million and weare still growing rapidly. The $1 billion threshold is one that historically hasbeen the sole domain of the office and apartment categories. Evenencroaching on that, Neighborhood shopping centers have beenparticularly popular with buyers in Sacramento. The sale of neighborhoodcenters in greater Sacramento made up 50 percent of the metro’s totalproperty sales volume in 2017. The retail property market is showingsimilar strength this year: about $248 million of transactions have recordedin greater Sacramento, and, with nearly eight months left in 2018, perhapsthis will be the year retail real estate acquisitions cross the $1 billionthreshold for the first time in the metro history.
Gas Station/ Fast Food Lots Location Summary | 05
Gas station and Fast Food Lots• Three Development Projects Available In the Surrounding Areas Of
South Sacramento.
1) 3725-3735 47th Avenue, Sacramento, CA 98524Possible Freeway Gas Station Corner Lot Approx. .67 acre - Zoned:LC AVAILABLE
2) AVAILABLE 3721 47th Ave, Sacramento, CA 98524 Lot SizeAcre/ Sq. Ft: 0.251 / 10,962. APN: 037-0243-014-0000. Possiblecontinuous lot with 3725-3735 47th Avenue.
3) AVAILABLE 3801 47th St, Sacramento, CA 95820 Lot Size Ac /Sq Ft: 0.441 / 19,220 APN: 037-0251-005-0000 $712,000.00Possible Fast Food Development off the freeway
Lu Ann Henderson 916-798-8559Luann@GQNorth for pricing and more details per project.
HendersonCRE.com
YouTube• Please see a virtual tour of this property on my YouTube Channel
HendersonCRE
Regional Map
Locator Map
Gas Station/ Fast Food Lots | Property D
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Property Description
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Property Features
Aerial Map
Parcel Map
Additional Maps
Pictures with Captions
Gas Station/ Fast Food Lots Property Features | 07
PROPERTY FEATURESLAND SF 29,232LAND ACRES 0.67# OF PARCELS 2ZONING TYPE LCCORNER LOCATION Freeway Exit Hard Corner LotTRAFFIC COUNTS 41,000 Daily
NEIGHBORING PROPERTIESNORTH Liquor StoreSOUTH Arco Gas stationEAST Available Lot ask for detailsWEST Available Lot ask for details
UTILITIESWATER YesIRRIGATION YesELECTRICITY / POWER YesGAS / PROPANE YesTELEPHONE YesCABLE TBD
Gas Station/ Fast Food Lots Arial 2 Map | 08
Gas Station/ Fast Food Lots | D
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Demographics
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Demographic Details
Demographic Charts
Gas Station/ Fast Food Lots Demographics | 10
POPULATION 1 MILE 3 MILE 5 MILE
2000 Population 20,774 187,847 362,971
2010 Population 20,701 183,942 365,249
2019 Population 22,300 196,042 391,949
2024 Population 23,165 203,014 407,855
2019 African American 2,834 30,739 54,068
2019 American Indian 328 2,359 4,202
2019 Asian 4,000 43,238 85,905
2019 Hispanic 11,086 71,762 115,888
2019 Other Race 6,027 35,970 54,819
2019 White 6,991 64,799 156,255
2019 Multiracial 1,573 14,831 29,878
2019-2024: Population: Growth Rate 3.80 % 3.50 % 4.00 %
2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
less than $15,000 1,263 9,751 18,522
$15,000-$24,999 1,131 7,597 14,228
$25,000-$34,999 1,053 7,151 13,951
$35,000-$49,999 1,046 9,753 19,643
$50,000-$74,999 901 11,146 25,309
$75,000-$99,999 495 6,836 16,833
$100,000-$149,999 464 7,039 19,802
$150,000-$199,999 121 2,452 8,452
$200,000 or greater 55 1,704 8,260
Median HH Income $32,769 $45,100 $54,442
Average HH Income $46,264 $62,938 $78,514
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Total Housing 6,686 65,070 142,955
2010 Total Households 6,175 60,176 136,400
2019 Total Households 6,530 63,431 144,999
2024 Total Households 6,731 65,323 150,384
2019 Average Household Size 3.40 3.07 2.67
2000 Owner Occupied Housing 2,736 33,553 71,223
2000 Renter Occupied Housing 3,546 27,868 64,364
2019 Owner Occupied Housing 2,428 31,717 70,879
2019 Renter Occupied Housing 4,102 31,714 74,120
2019 Vacant Housing 699 4,940 10,136
2019 Total Housing 7,229 68,371 155,135
2024 Owner Occupied Housing 2,526 33,097 73,975
2024 Renter Occupied Housing 4,205 32,226 76,409
2024 Vacant Housing 728 4,996 10,199
2024 Total Housing 7,459 70,319 160,583
2019-2024: Households: Growth Rate 3.05 % 2.95 % 3.65 %
Source: esri
Gas Station/ Fast Food Lots Demographics | 11
2019 POPULATION BY AGE 1 MILE 3 MILE 5 MILE
2019 Population Age 30-34 1,763 14,562 30,386
2019 Population Age 35-39 1,522 12,764 26,539
2019 Population Age 40-44 1,260 10,990 22,371
2019 Population Age 45-49 1,166 10,663 21,873
2019 Population Age 50-54 1,111 10,513 21,653
2019 Population Age 55-59 1,113 10,914 22,912
2019 Population Age 60-64 1,003 10,186 22,155
2019 Population Age 65-69 735 8,673 19,092
2019 Population Age 70-74 504 6,614 14,559
2019 Population Age 75-79 356 4,510 9,628
2019 Population Age 80-84 245 3,085 6,609
2019 Population Age 85+ 271 3,390 7,782
2019 Population Age 18+ 15,398 143,162 300,307
2019 Median Age 30 33 35
2019 INCOME BY AGE 1 MILE 3 MILE 5 MILE
Median Household Income 25-34 $35,809 $50,287 $54,737
Average Household Income 25-34 $51,311 $62,681 $73,224
Median Household Income 35-44 $36,758 $50,860 $63,556
Average Household Income 35-44 $51,352 $69,373 $89,151
Median Household Income 45-54 $38,419 $56,071 $69,989
Average Household Income 45-54 $50,683 $75,141 $96,676
Median Household Income 55-64 $35,398 $50,230 $59,983
Average Household Income 55-64 $45,845 $66,499 $84,962
Median Household Income 65-74 $28,785 $39,471 $50,037
Average Household Income 65-74 $37,834 $57,307 $74,003
Average Household Income 75+ $30,898 $43,720 $52,265
2024 POPULATION BY AGE 1 MILE 3 MILE 5 MILE
2024 Population Age 30-34 1,853 16,143 33,705
2024 Population Age 35-39 1,692 14,183 29,123
2024 Population Age 40-44 1,508 12,711 26,073
2024 Population Age 45-49 1,236 10,884 22,193
2024 Population Age 50-54 1,121 10,470 21,539
2024 Population Age 55-59 1,051 10,168 21,105
2024 Population Age 60-64 999 10,284 21,709
2024 Population Age 65-69 868 9,318 20,280
2024 Population Age 70-74 604 7,586 16,866
2024 Population Age 75-79 411 5,645 12,566
2024 Population Age 80-84 258 3,457 7,744
2024 Population Age 85+ 235 3,275 7,887
2024 Population Age 18+ 16,017 148,101 312,051
2024 Median Age 31 34 36
2024 INCOME BY AGE 1 MILE 3 MILE 5 MILE
Median Household Income 25-34 $44,247 $57,372 $64,356
Average Household Income 25-34 $60,855 $73,939 $87,648
Median Household Income 35-44 $43,441 $59,740 $75,783
Average Household Income 35-44 $62,004 $81,163 $101,725
Median Household Income 45-54 $44,814 $65,592 $82,783
Average Household Income 45-54 $61,481 $88,731 $112,576
Median Household Income 55-64 $40,308 $57,153 $69,997
Average Household Income 55-64 $55,209 $79,233 $99,508
Median Household Income 65-74 $31,895 $44,826 $56,786
Average Household Income 65-74 $44,812 $68,246 $86,935
Average Household Income 75+ $36,063 $53,647 $64,778
Gas Station/ Fast Food Lots Demographic Charts | 12
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Household Income
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Population by Race
Gas Station/ Fast Food Lots Demographic Charts | 13
2019 Household Occupancy - 1 Mile Radius
Average Income Median Income
2019 Household Income Average and Median
Gas Station/ Fast Food Lots
CONFIDENTIALITY and DISCLAIMERThe information contained in the following offering memorandum is proprietary andstrictly confidential. It is intended to be reviewed only by the party receiving it fromGQ North Real Estate and it should not be made available to any other person orentity without the written consent of GQ North Real Estate.
By taking possession of and reviewing the information contained herein the recipientagrees to hold and treat all such information in the strictest confidence. Therecipient further agrees that recipient will not photocopy or duplicate any part of theoffering memorandum. If you have no interest in the subject property, pleasepromptly return this offering memorandum to GQ North Real Estate. This offeringmemorandum has been prepared to provide summary, unverified financial andphysical information to prospective purchasers, and to establish only a preliminarylevel of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligenceinvestigation. GQ North Real Estate has not made any investigation, and makes nowarranty or representation with respect to the income or expenses for the subjectproperty, the future projected financial performance of the property, the size andsquare footage of the property and improvements, the presence or absence ofcontaminating substances, PCBs or asbestos, the compliance with local, state andfederal regulations, the physical condition of the improvements thereon, or financialcondition or business prospects of any tenant, or any tenant’s plans or intentions tocontinue its occupancy of the subject property.
The information contained in this offering memorandum has been obtained fromsources we believe reliable; however, GQ North Real Estate has not verified, andwill not verify, any of the information contained herein, nor has GQ North Real Estateconducted any investigation regarding these matters and makes no warranty orrepresentation whatsoever regarding the accuracy or completeness of theinformation provided. All potential buyers must take appropriate measures to verifyall of the information set forth herein. Prospective buyers shall be responsible fortheir costs and expenses of investigating the subject property.
Exclusively Marketed by:
Lu Ann HendersonSenior Vice PresidentLic: DRE# 01912126(916) [email protected]
HendersonCRE Virtual Tour
(310) [email protected]
10018 Fair Oaks Blvd., Fair Oaks, CA 95762