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33970522
33970519

3010 - 3020 Freeport Blvd, Sacramento, CA 95818

EN
CA CA 01452610
Marcus & Millichap - Sacramento
SM
CA, CA 02086137
Marcus & Millichap
Listed by Marcus & Millichap - Sacramento, Marcus & Millichap
$1,250,000
3 days on market
Updated 3 days ago

3010 - 3020 Freeport Boulevard

Details
Property Type Mixed Use
Sub Type Retail, Multifamily
Square Footage 4,900
Net Rentable (SqFt) 4,900
Units 5
Cap Rate 4.09%
NOI $51,120
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.09%
Pro-Forma NOI $88,037
Price per SqFt $255
Class B
Year Built 1954
Buildings 1
Acreage 0.220
Parking Spaces 11 spaces
Parking per 1,000 SqFt 2.24
Investment Type Value Add
Ground Lease No
Sale Condition 1031 exchange

Mixed Use | 7.09% STABILIZED CAP | 4,900 SqFt

Marketing description

The offering presents a compelling opportunity to acquire a fully occupied mixed-use asset located at 3010-3020 Freeport Boulevard in Sacramento, California. The property consists of five total units, including three retail/commercial suites and two residential units, containing an aggregate of approximately 4,900 square feet. Of this total, roughly 3,910 square feet is occupied by commercial tenants and 990 square feet is allocated to the residential units. The building is currently 100% leased to a diverse tenant mix, providing stable in-place income while mitigating rollover risk through multiple revenue streams.

The asset offers significant value-add potential as current rental rates are below market, creating an opportunity for an investor to increase cash flow through mark-to-market adjustments over time. Additionally, the property is situated on two separate legal parcels totaling approximately 0.22 acres, providing a unique layer of flexibility and future upside. This configuration allows for the potential to sell the parcels individually, offering multiple exit strategies and enhanced value realization.

Strategically positioned along Freeport Boulevard, the property benefits from excellent street frontage and high visibility, with traffic counts exceeding 18,000 vehicles per day. The location is supported by strong surrounding fundamentals, including proximity to major demand drivers such as C.K. McClatchy High School, Sacramento City College, and William Land Regional Park. The property is also located approximately 2.5 miles from Downtown Sacramento, providing convenient access to the region's primary employment, government, and entertainment hub. The surrounding area features a strong presence of national and regional retailers, as well as a dense base of residential and multifamily rooftops that contribute to consistent consumer activity.

Sacramento, the capital of California and a key economic center within Northern California, continues to experience sustained growth driven by its diverse and expanding economic base. Anchored by government, healthcare, education, and an emerging technology sector, the region has attracted both population growth and business migration, particularly from higher-cost coastal markets such as the Bay Area. This influx has contributed to increased demand for both residential housing and neighborhood-serving retail. Sacramento's central location, combined with ongoing infrastructure improvements and urban revitalization efforts, has further strengthened its position as an attractive destination for investment. Downtown Sacramento, located just minutes from the subject property, has seen significant development activity in recent years, including mixed-use projects, hospitality, and entertainment venues, all of which support long-term economic stability and growth.

The subject property is located within the highly desirable Land Park submarket, one of Sacramento's most established and sought-after neighborhoods. Known for its mature tree-lined streets, historic character, and strong community appeal, Land Park provides a stable and affluent residential base that supports local retail businesses. Freeport Boulevard serves as a primary commercial corridor through the area, characterized by a blend of local operators, national tenants, dining establishments, and service-oriented businesses. The corridor benefits from consistent daily traffic and strong visibility, making it a highly attractive location for neighborhood retail tenancy.

In addition to its retail appeal, the surrounding area is anchored by key institutions such as C.K. McClatchy High School, Sacramento City College, and William Land Regional Park, one of the city's premier recreational amenities. These demand drivers generate consistent foot traffic and contribute to the overall vitality of the area. The combination of strong demographics, limited new development, and steady tenant demand positions the Land Park submarket as a resilient and highly desirable investment location, offering both stability and long-term growth potential.

Investment highlights

  • Fully occupied mixed-use asset with stable in-place income
  • Significant value-add potential through mark-to-market rent adjustments
  • Property situated on two separate legal parcels providing flexibility and multiple exit strategies
  • Excellent street frontage and high visibility along Freeport Boulevard with 18,000+ vehicles per day
  • Proximity to major demand drivers including C.K. McClatchy High School, Sacramento City College, and William Land Regional Park
  • Located approximately 2.5 miles from Downtown Sacramento
  • Strong presence of national and regional retailers in surrounding area
  • Dense residential and multifamily base contributing to consistent consumer activity
  • Located in highly desirable Land Park submarket

Listing Contacts

EN
CA CA 01452610
Marcus & Millichap - Sacramento
SM
CA, CA 02086137
Marcus & Millichap
Listed by Marcus & Millichap - Sacramento, Marcus & Millichap

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$51,120.00
$4,260.00/mo

Valuation Metrics

0
DSCR
4.09%
Cap Rate
4.09%
ROI

Map

Zoning

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C-2 CommercialGeneral CommercialGeneral Commercial Zone
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Tony Solomon
License
01238010
Title
Broker of Record
Name
Edward Nelson
License
CA 01452610
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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