Rancho Cordova, California, offers a unique opportunity for investors to capitalize on the city's growing economy and diverse industries. With a strong financial standing and a council-manager form of government, Rancho Cordova provides a stable environment for businesses to flourish. Commercial real estate in Rancho Cordova is an attractive investment option, with a range of properties available to suit different needs and budgets. From office buildings to retail spaces, commercial real estate in Rancho Cordova offers a chance to tap into the city's growing economy and capitalize on its strategic location. The city's proximity to Sacramento, the state capital, and its access to major transportation routes make it an ideal location for businesses looking to expand their reach. Additionally, Rancho Cordova's scenic beauty, including the American River Parkway, and its rich history dating back to the Gold Rush era, make it an attractive destination for tourists and locals alike.
Rancho Cordova's commercial real estate market is characterized by a range of properties, including 44 listings available for sale. The average price per square foot is $242 USD, with an average property size of 34,510 square feet. The largest property available is 152,495 square feet. Industrial properties in Rancho Cordova offer a range of options for businesses looking for manufacturing or distribution space, with easy access to major transportation routes. Apartment buildings in the city provide a lucrative opportunity for investors looking to capitalize on the growing demand for rental properties. Office properties in Rancho Cordova offer a range of options for businesses looking for professional space, from small startups to large corporations. Hotels in the city cater to the growing tourism industry, with many attractions, including the American River Parkway and the Sacramento Children's Museum, drawing visitors from across the region. With its diverse economy, rich history, and scenic beauty, Rancho Cordova is an attractive destination for businesses and investors alike.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Rancho Cordova, there are several alternatives to consider, including:
- Traditional bank financing, which typically offers competitive interest rates and flexible repayment terms, making it a popular choice for many investors.
- Private money lending, which can provide faster access to capital and more flexible underwriting guidelines, although often at a higher cost.
- Small Business Administration (SBA) loans, which offer favorable terms, such as lower down payments and longer repayment periods, for qualified borrowers.
With 44 available listings of commercial real estate in Rancho Cordova, understanding the various financing options can help investors make informed decisions and achieve their goals in this market, where the average price per square foot is $242 USD and the average property size is 34,510 square feet, with some properties reaching up to 152,495 square feet.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Rancho Cordova, understanding cap rates is crucial. The average cap rate in Rancho Cordova is 6.66%, which can help investors determine the potential return on investment for a property.
For those new to commercial real estate, it's essential to know what is a cap rate, as it plays a significant role in evaluating the profitability of a property. With 44 available listings of commercial real estate in Rancho Cordova, having a solid grasp of cap rates can help investors make informed decisions and find the right property to meet their investment goals.
What is considered a commercial property?
In Rancho Cordova, California, a commercial property is typically defined as a building or land used for business or commercial activities, such as office spaces, retail stores, restaurants, warehouses, and industrial facilities. These properties can range in size from 34,510 square feet to 152,495 square feet, with an average price per square foot of $242 USD and an average cap rate of 6.66%, making them attractive investment opportunities for businesses and investors alike.
