735 University AveSacramento, CA 95825

  • Office properties
  • 2,852 SF
For Sale
$1,299,000 View listing

Property Details for 735 University Ave

Year built
1982
Construction
WOOD
Lot size
2.83 AC
Property size (Sq ft)
2,852 SF
Zone code
OB-R-PC-PU
Property type
Office properties
Property subtype
Other office properties
APN
295-0030-017-0010
APU
29500300170010

Description

This exceptional 3,478 square foot office condominium, located at 735 University Avenue in Sacramento, California, presents a compelling investment opportunity. Built in 1987, the property boasts a desirable executive and traditional office space layout, ideal for a variety of businesses. The asking price is $1,299,000. The building features a beautiful exterior courtyard, providing a pleasant and inviting atmosphere. Ample parking is available, with a generous ratio of 4 spaces per 1,000 square feet. Its convenient location offers easy access to public transportation, with a nearby bus stop. Commuters will appreciate the close proximity to the Highway 50 on-ramp, ensuring seamless travel throughout the Sacramento region. Furthermore, the property benefits from its strategic placement near major shopping centers, providing employees and clients with a wealth of amenities within easy reach. The property's address is 735 University Ave, Sacramento, CA 95825, situated in Sacramento County. This well-maintained office building represents a rare opportunity to acquire a valuable asset in a thriving Sacramento location. The property is zoned for office use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $677,568
    6.5%
    $625,447
    7%
    $580,772
  • Comparable approach

    Method
    Valuation
    Relative Method
    $407,209
    Geo Method
    $407,209
  • Alternative Use

    Use
    Valuation
    Residential
    $775,554
    Hospitality
    $710,403
    Educational
    $591,047
    Medical
    $611,374
    Retail
    $919,407
735 University Ave, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.566
Longitude
-121.42
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
$12,096
$168,250
$755,944
$924,194
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].