
Walnut Grove, CA 95690
This High-Potential Investment Opportunity is a versatile mixed-use Asset listed at a List Price of $750,000—positioned well below the $775,420 Fair Market Value by 3%. This valuation gap offers $25,420 in Instant Equity. Featuring a Fair Condition Rating, the property includes 3,000 SF of warehouse space, SPA zoning for potential residential conversion, and a river view. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project with immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14144 Market St Subject 0 bd · 0 ba · 6,032 sqft · $129 | $750,000* List Price | 0 | 0 | 6,032 | $129 | - |
A 14144 Market Street Active 0 bd · 0 ba · 6,032 sqft · $124 · 0.0 mi | $750,000 List Price | 0 | 0 | 6,032 | $124 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944, this 80-year-old mixed-use property is functional and fully leased but shows significant dating. While it features tenant-controlled HVAC and updated electrical meters, the interior finishes like drop ceilings and older carpeting, along with the exterior condition, require modernization and minor repairs to realize its full value-add potential.
The Special Planning Area (SPA) zoning offers significant versatility, allowing for a wide range of commercial uses or potential residential conversion, providing excellent long-term redevelopment upside.
The inclusion of 3,000 SF of warehouse space with dual 15' x 8' roll-up doors and a fenced patio makes this property highly attractive for tenants requiring logistics, storage, or light industrial capabilities.
The property is fully leased, providing immediate cash flow, and features individual SMUD electric meters and tenant-controlled HVAC, which reduces owner oversight and utility management costs.
Built in 1944, the property may require significant ongoing maintenance or capital improvements to aging structural elements and systems to maintain its value-add status.
The property is listed as a 'Single Family Residence' despite its retail and warehouse use, which could create complexities in securing commercial financing and navigating appraisal valuations.
Presenting a unique opportunity to acquire a fully-leased, value-add retail property located on River Rd, offering a blend of stable income, flexible zoning, and future development potential. The property spans 6,032 SF across two stories and features multiple storefront units, each with individual electric meters serviced by SMUD. Zoned SPA (Special Planning Area), the site allows for a wide range of usesincluding potential residential conversionsubject to city planning and permitting. This versatile asset includes 3,000 SF of warehouse space with dual 15' x 8' roll-up doors and an enclosed, fenced patio area, ideal for outdoor use or additional storage. Ample natural light, tenant-controlled HVAC, and air conditioning throughout make this property an attractive choice for a variety of users. Whether you're an investor seeking stable cash flow or an owner/user exploring redevelopment or repositioning, this property checks all the boxes.This fully leased, 6,032 SF multi-tenant retail storefront offers a rare value-add opportunity with residential potential under SPA zoning (subject to approval), featuring 3,000 SF of warehouse space with two 15'x8' roll-up doors, individually metered units (SMUD), tenant-controlled HVAC and AC, a fenced patio, and excellent visibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 2.5 |
| Square foot | 6,032 | 3,595 |
| Lot Size | 6,181 | 310,583 |
| Price | $750.0K | $1.12M |
| Price per sq ft | $124 | $322 |
| Built year | 1944 | 1928 |
| HOA | $0 | $0 |
| Days on market | 6 | 231 |
Oct 18, 2026
$750,000
Initial Listing
May 18, 2021
$517,500
Public Record
May 31, 2018
$375,000
Public Record
Feb 28, 2005
$575,000
Public Record