11707 Fair Oaks BlvdFair Oaks, CA 95628

Property Details for 11707 Fair Oaks Blvd

Year built

1986

Construction

STEEL FRAME

Lot size

0.55 AC

Property size (Sq ft)

23,222 SF

Zone code

AC

Property type

Office properties

Property subtype

Office buildings

APN

233-0043-004-0000

APU

23300430040000

Description

This exceptional three-story office building, totaling 20,818 square feet, enjoys a highly visible corner location at the intersection of Fair Oaks Boulevard and Madison Avenue. The building boasts an attractive design with extensive glassline, creating excellent curb appeal. Currently, 2,924 square feet of executive office space is available for lease within this multi-tenant building. Prominent building signage is available at market rates, providing excellent opportunities for brand visibility. The property offers convenient access to major transportation arteries, including I-80 and Highway 50, easily reached via Sunrise Boulevard and Madison Avenue. Ample parking is provided with 41 secured underground garage stalls and 7 covered outdoor spaces, each available for lease at $35 per month. The Ferrari Building is situated in a vibrant area with numerous dining and retail options within close proximity, offering employees and clients a wide array of amenities. Placer Title Company is among the building's prominent tenants. This is a rare opportunity to secure high-profile office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,074,707

  6.5%

  $2,838,191

  7%

  $2,635,463

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,315,637

  Geo Method

  $3,315,637

• Alternative Use

  Use

  Valuation

  Residential

  $3,519,357

  Hospitality

  $3,223,712

  Educational

  $2,682,090

  Medical

  $2,774,332

  Retail

  $4,172,141

Location Insight

City

Fair Oaks

County

Sacramento

State

California

Latitude

38.6644

Longitude

-121.263

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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