30 Golden Land CtSacramento, CA 95834

  • Healthcare properties
  • 9,920 SF
For Sale
$3,590,000 View listing

Property Details for 30 Golden Land Ct

Year built
2004
Construction
TILT-UP CONCRETE
Lot size
0.23 AC
Property size (Sq ft)
9,920 SF
Zone code
EC-30-PUD
Property type
Healthcare properties
Property subtype
Medical offices
APN
225-1620-032-0000
APU
22516200320000

Description

This exceptional investment opportunity presents a 9,920-square-foot Class A medical office building in Sacramento, California. The property, located at 30 Goldenland Ct, 95834, is fully occupied by DaVita Kidney Care under a Net Lease agreement with over 13 years remaining on the initial term. The lease includes a 10% rent increase every five years and three five-year options to extend, providing significant long-term stability and predictable income growth. The building, constructed in 2004, boasts a strong corporate guarantee from DaVita, a national leader in kidney care with over 3,100 clinics and over $11.6 billion in revenue (2021). The property's current Net Operating Income (NOI) is $188,480, yielding a compelling 5.25% capitalization rate at an asking price of $3,590,000. The flexible EC-30-PUD zoning allows for potential future uses beyond medical, including retail or office. Situated in a rapidly growing submarket of Sacramento, with over 223,000 people within a five-mile radius, this property offers a rare combination of strong tenant occupancy, substantial lease terms, and significant upside potential. The APN is 225-1620-032-0000. This is a stabilized investment with a single tenant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,787,803
    6.5%
    $1,650,280
    7%
    $1,532,403
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,416,378
    Geo Method
    $1,416,378
  • Alternative Use

    Use
    Valuation
    Residential
    $2,046,347
    Hospitality
    $1,874,443
    Educational
    $1,559,515
    Medical
    $1,613,149
    Retail
    $2,425,912
30 Golden Land Ct, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6509
Longitude
-121.504
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
$48,529
$714,548
$3,028,973
$3,743,521
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