1401 21St StSacramento, CA 95811

Property Details for 1401 21St St

Year built

1957

Construction

TILT-UP CONCRETE

Lot size

0.29 AC

Property size (Sq ft)

26,440 SF

Zone code

C-2-SPD

Property type

Office properties

Property subtype

Office buildings

APN

007-0251-025-0000

APU

702510250000

Description

This exceptional four-story, 25,600 square foot office building, located at 1401 21st Street in Sacramento, CA 95811, offers a unique opportunity for businesses seeking executive office space in the heart of Midtown. Originally built in 1962 and fully renovated in 2016, the building boasts a modern mid-century aesthetic with a refreshed exterior façade, updated lobby and common areas, and new mechanical infrastructure. The ground floor is currently occupied by the Midtown Business Association. Available spaces range from a minimum of 2,500 square feet to a maximum contiguous space of 4,259 square feet, with a total of 9,486 square feet currently vacant. The property provides convenient on-site parking at a ratio of 1.96 spaces per 1,000 square feet, a rare amenity in Midtown Sacramento. Additional parking options are available at a nearby multi-level garage. Convenient street parking is also available for clients. Situated near the Handle District and Lavender Heights, this location offers unparalleled access to Sacramento's vibrant Midtown scene, known for its walkability and mixed-use environment. The building's design features expansive windows, abundant natural light, and a neutral material palette, creating a contemporary and inviting workspace. This high-visibility location on 21st Street presents a rare opportunity for businesses seeking a prestigious address in one of Sacramento's most desirable neighborhoods.

• CAP approach

  CAP return

  Valuation

  6%

  $7,498,713

  6.5%

  $6,921,889

  7%

  $6,427,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,775,103

  Geo Method

  $3,775,103

• Alternative Use

  Use

  Valuation

  Residential

  $8,583,142

  Hospitality

  $7,862,112

  Educational

  $6,541,185

  Medical

  $6,766,146

  Retail

  $10,175,177

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5715

Longitude

-121.48

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].