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725 30th Street $3,500,000

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    725 30th Street Sacramento, CA 95816

    • 15,084 sq. ft.
    • 0.44 Acres
    • Commercial
    • MLS# 221026656
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    Views: 13

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    Property Details

    High profile value-add office investment in the heart of East Sacramento for sale. Approximate 15,000 square foot office building that is currently 95% leased to 13 office tenants between 500 and 3,000 square feet each. Building is situated on an approximate 19,334 SF parcel of land, which contains 38 on-site parking stalls (11 of which are covered). Average rent is $1.46 PSF, while avg. market rent is about $2.15 PSF (50% higher). Add immediate value with cosmetic upgrades and increasing rents. New TPO membrane roof installed in 2015 and other infrastructure is in good, working condition. Walk to McKinley Park, the Fab 40's, or Midtown. Located one block from Business 80 on/off ramps, providing easy access to most of Sacramento. Building is priced at $234 PSF, but it would cost no less than $375 PSF to build the same building today. Priced significantly below replacement cost!

    • General Features
      • Year Renovated 0
      • Year Built 1984
      • County Sacramento
      • Business Type Commercial
      • Location Public Transportation Nearby, Restaurant Nearby
      • Property Subtype Office
    • Building Features
      • Construction Materials Brick, Concrete, Frame, Wood
      • Cooling Central
      • Dock Doors 0
      • Building Features Other
      • Flooring Carpet
      • Heating Central
      • Number of Floors 2
      • Number of Offices 14
      • Number of Restrooms 4
      • Industrial SqFt 0
      • Floor Num 2
      • Minimum Available SqFt 0
      • Number of Buildings 1
      • Number of Elevators 0
      • Water Source Public
      • Total Units 14
      • Warehouse SqFt 0
      • Sewer Public Sewer
      • Stories 2
      • Square Footage 15,084
      • Total Parking Spaces 38
      • Roof Flat
      • Office SqFt 15084
      • Number of Truck Doors 0
      • Parking Features Carport, Covered
    • Property Features
      • Lot Size Square Feet 19334

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    Neighborhood

    95816 (Sacramento) Demographics

    35 Median Age
    8,392 Population Density (per sq. mile)
    62% College Educated
    $54,777 Estimated Median Income
    2,744 Estimated Total Home Owners
    7,115 Estimated Total Renters
    28% / 72% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    17,178 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    18 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: Multiple Listing Service New Value: $3,500,000
        6/1/2021 2:42:36 PM Status Changed Source: Multiple Listing Service New Value: Pending
        3/29/2021 4:02:00 PM New in Database Source: Multiple Listing Service New Value: $3,500,000

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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 7/25/2021 3:04:41 AM. 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.