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8864 Greenback Ln, Orangevale, CA 95662 Photo
8864 Greenback Ln, Orangevale, CA 95662 Photo
8864 Greenback Ln, Orangevale, CA 95662 Photo
8864 Greenback Ln, Orangevale, CA 95662 Photo
8864 Greenback Ln, Orangevale, CA 95662 Photo
8864 Greenback Ln, Orangevale, CA 95662 Photo

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8864 Greenback Ln
Orangevale, CA 95662
$1,500,000
| 0.86 Acreage

Exceptional commercial investment, owner-user and redevelopment opportunity on Greenback Lane near Hazel Ave. Situated on approx. 0.86 acres (37,408 SF), 8864 Greenback Ln offers approx. 7,970 SF of existing improvements consisting of a multi-suite office/commercial building plus an automotive service building and yard area. Located within the Greenback Lane Special Planning Area (SPA), GC Subzone, the property offers flexibility for its existing commercial uses while presenting compelling longer-term redevelopment potential. The sizable parcel and prominent Greenback Lane location provide an opportunity for a buyer to benefit from current income and owner-user potential while considering future development possibilities. The office building is currently configured into 5 suites, with the largest suite offering potential for further division. Multiple vacant suites provide an opportunity for an investor or owner-user to renovate, occupy and/or lease additional space. The automotive building and yard provide additional flexibility for service-oriented commercial use. Location is a major part of the opportunity. The property is positioned within an established commercial and automotive corridor near the heavily traveled Greenback Ln/Hazel Ave intersection, with substantial reinvestment occurring nearby. The adjoining property is undergoing redevelopment for an automotive/tire-related business, while additional new commercial construction is underway across the street. A unique opportunity to acquire a sizable Greenback Lane commercial parcel with existing improvements, income and owner-user potential today, along with flexibility for future redevelopment as the surrounding corridor continues to evolve.

Listed By / Presented By

Listed By

Agency Name: BERKSHIRE HATHAWAY Home Services NorCal Real Estate
Agent Name: John Acord
Agency Phone: 916-364-9300

Presented By

Agency Title: Chase International Real Estate
Agency Phone: 775.588.6130

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Property Details

Property Type: Commercial - Business
Cooling: Central
Heating: Central
Lot Size: 0.86 Acres
Roof Type: Composition
Stories: 2.0
Year Built: 1978
MLS ID: 226123472

Feature Descriptions

Building Features: 1 Restroom Per Unit, Multiple Tenant Building, Varies by Unit
Exterior: Wood
Flooring: Unfinished, Vinyl, Varies by Unit, Linoleum, Luxury Vinyl Plank
Parcel#: 223-0141-008-0000
Parking: Common Area Shared, Uncovered
Sewer: Public Sewer
Topography: Level
Units: 6
Utilities: Sewer Connected, Internet Available, Natural Gas Connected
Water: Public
Window: Dual Pane Full

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