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7210 Greenhaven Drive $350,000

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    7210 Greenhaven Drive Sacramento, CA 95831

    • Commercial
    • MLS# 20045215
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    Views: 20

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    Property Details

    7210 Greenhaven Drive is a hard to find opportunity to invest in a ground leased office building (+/- 22 years remaining on ground lease). Currently fully leased to 4 professional tenants - two dentists and two insurance agents. Estimated cash flow on existing rent after sale is $34,000 annually or an approximately 9.75% CAP Rate. Smaller investors will love the high yield, tax benefits, and ease of maintenance. Recent renewals and term leases show predictable cash flow and tenant commitment to the building and Greenhaven market.

    • General Features
      • Lease Terms Lease Gross
      • Other Expenses Other-Rmks
      • Year Built 0
      • County OBRP
    • Building Features
      • Air Conditioning Central
      • Heat Central
      • Amenities Other-Attch
      • Construction Frame
      • Disability Features Other-Attch
      • Door None
      • Miscellaneous Other-Rmks
      • Loading Other-Attch
      • Floor Combo of Materials
      • Exterior Wood
    • Property Features
      • Location Restaurant Nearby, Shopping Cntr Nearby
      • Parking Open

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    Neighborhood

    95831 (Sacramento) Demographics

    45 Median Age
    5,991 Population Density (per sq. mile)
    54% College Educated
    $68,140 Estimated Median Income
    10,232 Estimated Total Home Owners
    8,018 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    41,859 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    37 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $350,000
        8/3/2020 7:45:00 PM New in Database Source New Value: $350,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 10/29/2020 6:23:57 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.