630 K StSacramento, CA 95814
- Office properties
- 95,520 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].