550 Howe AveSacramento, CA 95825

  • Office properties
  • 20,150 SF
For Lease
$24.60/SF/YR View listing

Property Details for 550 Howe Ave

Year built
1986
Construction
WOOD
Lot size
1.30 AC
Property size (Sq ft)
20,150 SF
Zone code
BP
Property type
Office properties
Property subtype
Office buildings
APN
294-0110-016-0000
APU
29401100160000

Description

This exceptional office space at 550 Howe Avenue in Sacramento County offers multiple tenancy options, perfect for businesses seeking flexible solutions. Three suites are currently available, ranging in size from 1,067 to 1,737 square feet. The property boasts excellent visibility and signage on a high-traffic thoroughfare, with approximately 50,000 cars passing daily, ensuring significant brand exposure. Its convenient location offers easy access to a variety of restaurants and shopping amenities, enhancing employee convenience and client accessibility. The building features numerous perimeter windows, providing ample natural light and a pleasant work environment. Security is ensured with an after-hours keypad entry system. Furthermore, its proximity to public transportation (located along a bus line) and its mere 0.3 miles distance from Kaiser Medical Offices adds to its appeal. On-site property management provides efficient and responsive building maintenance and administration. This centrally located property presents a compelling opportunity for businesses seeking a well-appointed and strategically positioned office space in Sacramento. The available suites are ideal for a variety of business needs, offering a blend of functionality, accessibility, and visibility.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,787,162
    6.5%
    $4,418,918
    7%
    $4,103,282
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,877,017
    Geo Method
    $2,877,017
  • Alternative Use

    Use
    Valuation
    Residential
    $5,479,459
    Hospitality
    $5,019,155
    Educational
    $4,175,878
    Medical
    $4,319,493
    Retail
    $6,495,810
550 Howe Ave, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5756
Longitude
-121.415
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
$39,146
$1,083,574
$2,020,600
$3,104,174
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FAQs

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