1315 Alhambra BlvdSacramento, CA 95816

Property Details for 1315 Alhambra Blvd

Lot size

0.04 AC

Zone code

C-2-SPD

Property type

Healthcare properties

Property subtype

Medical offices

APN

007-0214-006-0000

APU

702140060000

Description

This exceptional three-story medical office building, located at 1315 Alhambra Boulevard in Sacramento, California's desirable East Sacramento submarket, presents a unique investment opportunity. The 29,000 square foot building, constructed in 1989 and renovated in 1999, is classified as Class B and sits on a 0.67-acre lot. The property features a total of three suites, offering flexible space options. Currently, 4,877 square feet are vacant, with suites ranging from a minimum divisible size of 674 square feet to a maximum contiguous space of 4,203 square feet. The building is zoned C-2 SPD, allowing for a variety of medical uses. One particularly attractive opportunity is Suite 300, a second-generation dental space. Importantly, Suites 300 and 320 can be combined to create a larger, contiguous space of approximately 4,203 square feet. This prime location on Alhambra Boulevard offers excellent visibility and accessibility, making it an ideal setting for medical practices seeking a well-established and convenient location in the heart of East Sacramento. The property's history of renovations ensures modern amenities and functionality. This is a rare chance to acquire a well-maintained medical office building in a highly sought-after area. The zip code is 95816.

• CAP approach

  CAP return

  Valuation

  6%

  $513,622

  6.5%

  $474,113

  7%

  $440,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $258,575

  Geo Method

  $258,575

• Alternative Use

  Use

  Valuation

  Residential

  $587,900

  Hospitality

  $538,513

  Educational

  $448,037

  Medical

  $463,445

  Retail

  $696,946

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5685

Longitude

-121.466

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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