14144 Market Street, Walnut Grove, CA 95690, Walnut Grove, 95690 - 0 bed, 0 bath
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Walnut Grove, CA 95690
This Multi-Tenant Value-Add Asset presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $970,121 Fair Market Value by 17%. This valuation gap provides $170,121 in Instant Equity for buyers. Featuring 3,000 SF of warehouse space and SPA Zoning for potential residential conversion, the property holds a Condition Rating of 4, indicating modernization is required to unlock full value. With unobstructed Sacramento River views and stable lease income, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Users seeking redevelopment potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14144 Market Street Subject | $800,000* List Price | 0 | 0 | 6,032 | $161 | - |
A 14144 Market Street Active | $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 commercial structure is functional and fully leased but is marketed as a 'value-add' opportunity, indicating it is dated and requires modernization. While the listing notes updated tenant-controlled HVAC systems, the overall age and exterior condition suggest the property needs minor repairs and aesthetic updates to meet modern residential or retail standards.
The property is currently fully leased, providing immediate stable cash flow, while the SPA zoning offers significant value-add potential through future residential conversion or redevelopment.
Equipped with 3,000 SF of warehouse space, dual 15' x 8' roll-up doors, and individual SMUD electric meters, the building is highly adaptable for diverse commercial or light industrial tenants.
Located on River Rd with excellent street visibility and desirable water views, the property benefits from both high traffic exposure and an attractive setting for occupants.
Built in 1944, the property's nearly 80-year-old structure may necessitate higher long-term maintenance costs or significant capital expenditures for modernizing core systems.
With a building size of 6,032 SF on a 6,181 SF lot, the high site coverage leaves virtually no room for on-site parking expansion or additional structural footprints.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 14% |
| Baths | 0.0 | 2.0 | 14% |
| Square foot | 6,032 | 1,604 | 86% |
| Lot Size | 6,181 | 10,053 | 29% |
| Price | $800.0K | $435.0K | 86% |
| Price per sq ft | $133 | $269 | 29% |
| Built year | 1944 | 1950 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 102 | 14% |
Apr 18, 2026
$800,000
Initial Listing
May 18, 2021
$517,500
Public Record
May 31, 2018
$375,000
Public Record
Feb 28, 2005
$575,000
Public Record