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851 Richards Blvd 22,320 sq ft 46% Let Industrial Property Sacramento, CA 95811 £2,443,155 (£109.46/sq ft) 6% Net Initial Yield

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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.

ATTACHMENTS

Brochure

PROPERTY FACTS

Price £2,443,155
Price per sq ft £109.46
Sale Type Investment or Owner Occupier
Yield 6%
Property Type Industrial
Property Subtype
Warehouse
  • Bar
  • General Retail Shopfront / Office
  • Showroom
Costar Property Class C
Total Plot Size 1.40 ac
Net Internal Area (NIA) 22,320 sq ft
No. Floors 1
Year Built 1946
Parking Allocation 2.28/1,000 sq ft
Eaves Height 18 ft
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Use Class C2-SP, City of Sacramento - C2-SPD

AMENITIES

  • Bus Route
  • Fenced Lot
  • Public Transport
  • Security System
  • Signage
  • Skylights
  • Yard
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • 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 sq ft OCCUPIED RENT/sq ft 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®
Good for cycling (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 001-0020-013
  • 001-0020-011
Land Assessment
£883,086
Improvements Assessment
£752,260
Total Assessment
£1,635,345
  • Listing ID: 38342509

  • Date on Market: 05/11/2025

  • Last Updated:

  • Address: 851 Richards Blvd, Sacramento, CA 95811

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