2012 K StSacramento, CA 95814

  • Mixed-use properties
  • 12,800 SF
For Sale
$3,300,000 View listing

Property Details for 2012 K St

Year built
1947
Construction
TILT-UP CONCRETE
Lot size
0.16 AC
Property size (Sq ft)
12,800 SF
Zone code
C-2-SPD
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
007-0086-005-0000
APU
700860050000

Description

This exceptional 12,800 square foot creative office building, located at 2012 K Street in Sacramento, California, presents a compelling investment opportunity. Built in 1947 and situated on a substantial lot (APN: 007-0086-005-0000), this two-story property is zoned C-2 SPD, offering versatility and potential for various uses. The asking price is $3,300,000, structured as a Net Lease (NNN) arrangement, making it an attractive option for investors seeking a low-maintenance, high-return asset. The property's existing configuration is ideal for creative office tenants, reflecting its current use. The building's prime location in Sacramento, within the 95814 zip code, provides excellent access to transportation networks and a thriving urban environment. Detailed property records are available upon request. This is a rare opportunity to acquire a well-located, established commercial property in a dynamic market. The property's strong fundamentals and favorable lease terms make it a sound investment for discerning buyers. Serious inquiries are encouraged to explore this promising investment prospect further.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,501,496
    6.5%
    $4,155,228
    7%
    $3,858,426
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,832,755
    Geo Method
    $2,832,755
  • Alternative Use

    Use
    Valuation
    Residential
    $4,155,228
    Hospitality
    $3,806,166
    Educational
    $3,166,686
    Medical
    $3,275,593
    Retail
    $4,925,956
2012 K St, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5751
Longitude
-121.48
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
$12,807
$257,659
$644,583
$902,242
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