8890 Cal Center DrSacramento, CA 95826

  • Office properties
  • 44,575 SF
For Sale

Property Details for 8890 Cal Center Dr

Year built
2005
Construction
STEEL FRAME
Lot size
3.14 AC
Property size (Sq ft)
44,575 SF
Zone code
LC
Property type
Office properties
Property subtype
Office buildings
APN
078-0450-022-0000
APU
7804500220000

Description

This exceptional Class A office building, located at 8890 Cal Center Drive in Sacramento, California, presents a unique investment or leasing opportunity. The 43,965 square foot building boasts a prestigious address within the Highway 50 corridor, offering unparalleled access to major transportation arteries and amenities. Its strategic location provides high visibility from Highway 50 and proximity to Sacramento's robust labor pool. Just a 10-minute drive from downtown Sacramento and an eight-minute walk from the Watt/Manlove Light Rail Station, this three-story building is conveniently situated in suburban Sacramento. Built to the highest standards, the property reflects pride of ownership through significant capital investments, showcasing a best-in-class design and architecture. The building is currently vacant, presenting a blank canvas for a discerning tenant or investor to customize and occupy. The lease type is NNN (Net, Net, Net), and the property is a single tenancy. Freeway visibility and signage opportunities further enhance the property's value and marketing potential. This is a rare chance to acquire or lease a premier office space in a thriving Sacramento location. The zip code is 95826.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,004,410
    6.5%
    $6,465,609
    7%
    $6,003,780
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,364,418
    Geo Method
    $6,364,418
  • Alternative Use

    Use
    Valuation
    Residential
    $8,017,356
    Hospitality
    $7,343,854
    Educational
    $6,110,000
    Medical
    $6,320,133
    Retail
    $9,504,445
8890 Cal Center Dr, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5564
Longitude
-121.377
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$61,324
$1,400,000
$3,600,000
$5,000,000
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-
-
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