417 20Th StSacramento, CA 95811

  • Office properties
  • 2,376 SF
For Lease
$16.44/SF/YR View listing

Property Details for 417 20Th St

Year built
1880
Construction
TILT-UP CONCRETE
Lot size
0.07 AC
Property size (Sq ft)
2,376 SF
Zone code
R-1B-SPD
Property type
Office properties
Property subtype
Office buildings
APN
003-0125-024-0000
APU
301250240000

Description

This unique 1200-square-foot office space, located in the heart of Midtown Sacramento at 417 20th Street, occupies a beautifully restored historic firehouse dating back to 1880. The property is a duplex, with a quiet residential tenant occupying the upper unit, ensuring a peaceful work environment. The single-tenant office space is currently fully leased, offering a large open layout perfect for various office configurations. A small hallway leads to a full bathroom and a rear storage/break room, both of which include convenient sinks. The property's central location provides easy access to major freeways, including Highways 50, 80, and 99, making commuting a breeze. This exceptional property is ideal for businesses seeking a prestigious address in a vibrant, established neighborhood, offering a blend of historical charm and modern functionality. The space is suitable for executive offices, creative agencies, medical practices, or coworking spaces, given its adaptable layout and amenities. The building's rich history and unique character provide a distinctive setting for any business. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $673,863
    6.5%
    $622,028
    7%
    $577,597
  • Comparable approach

    Method
    Valuation
    Relative Method
    $339,245
    Geo Method
    $339,245
  • Alternative Use

    Use
    Valuation
    Residential
    $771,314
    Hospitality
    $706,520
    Educational
    $587,816
    Medical
    $608,032
    Retail
    $914,380
417 20Th St, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5826
Longitude
-121.477
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
$5,416
$125,126
$308,839
$433,965
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FAQs

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