9332 Tech Center DrSacramento, CA 95826

Property Details for 9332 Tech Center Dr

Year built

1983

Construction

TILT-UP CONCRETE

Lot size

3.36 AC

Property size (Sq ft)

48,270 SF

Zone code

MP

Property type

Office properties

Property subtype

Office buildings

APN

068-0011-057-0000

APU

6800110570000

Description

This exceptional single-story office building, known as the Mayhew Tech Center, presents a compelling investment opportunity in Sacramento, California. Located at 9332 Tech Center Dr, 95826, this Class B property boasts a substantial 48,160 square feet of space, situated on a generous 89,494 square foot lot. The asking price is $4,995,000, translating to $103.72 per square foot. The building offers significant flexibility with approximately 30,624 square feet of contiguous space currently available, divisible down to approximately 1,842 square feet, catering to a range of tenant needs. Recent improvements include a new roof, enhancing the building's longevity and value. Its strategic location provides excellent freeway visibility with prominent signage opportunities, ensuring high brand recognition. The property enjoys convenient access to Highway 50, simplifying commutes for employees and clients. Furthermore, its proximity to light rail offers a walkable alternative for public transportation users. The building is immediately available, making it an attractive option for businesses seeking a quick move-in. The property's characteristics make it an ideal candidate for an SBA 504 loan, streamlining the financing process for potential buyers. This is a rare opportunity to acquire a well-located, versatile office building in a thriving Sacramento market.

• CAP approach

  CAP return

  Valuation

  6%

  $7,585,034

  6.5%

  $7,001,570

  7%

  $6,501,457

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,891,990

  Geo Method

  $6,891,990

• Alternative Use

  Use

  Valuation

  Residential

  $8,681,946

  Hospitality

  $7,952,616

  Educational

  $6,616,483

  Medical

  $6,844,034

  Retail

  $10,292,307

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5626

Longitude

-121.351

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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