630 K StSacramento, CA 95814

  • Office properties
  • 95,520 SF
For Lease
$22.80/SF/YR View listing

Property Details for 630 K St

Year built
1956
Construction
TILT-UP CONCRETE
Lot size
0.43 AC
Property size (Sq ft)
95,520 SF
Zone code
C-3-SPD
Property type
Office properties
Property subtype
Office buildings
APN
006-0091-036-0000
APU
600910360000

Description

This exceptional five-story building at 630 K Street offers four available office spaces ranging from 1,038 to 15,655 square feet. Located in the heart of Sacramento's Central Business District, within the vibrant DoCo entertainment district and the 700 K Block, this property boasts unparalleled visibility and access to over 6.1 million annual visitors. The building features a fully built-out second-floor office space with stunning views of DoCo and the intersection of 7th and K Streets. This space includes an open floor plan, private offices, multiple conference rooms, breakrooms, and restrooms, all with professionally designed interiors and finishes. Additional features include a rooftop space, approximately 13-foot floor-to-deck heights, and floor-to-ceiling glass windows offering spectacular city views. The building benefits from an excellent walk score of 96 and convenient access to public transportation. The surrounding area offers a strong retail mix, including Sauced BBQ & Spirits, Tipsy Putt, Union Bank, Flatstick Pub, 24 Hour Fitness, and Cinemark Century Theater, along with numerous dining and entertainment options. A Con Azucar Cafe lease is already in place. The property is ideally suited for a variety of office uses, including traditional, creative, and executive office spaces. The building also has elevator service and is conveniently located near 7th Street. Potential tenants can benefit from the high foot traffic and strong retail presence in this prime downtown location. The building can accommodate larger tenants with the potential to deliver 62,000 square feet or more of contiguous space.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,278,608
    6.5%
    $27,026,408
    7%
    $25,095,950
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,638,346
    Geo Method
    $13,638,346
  • Alternative Use

    Use
    Valuation
    Residential
    $33,512,746
    Hospitality
    $30,697,496
    Educational
    $25,539,956
    Medical
    $26,418,314
    Retail
    $39,728,820
630 K St, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.58
Longitude
-121.498
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
$278,175
$2,300,000
$20,724,481
$23,024,481
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