630 K StSacramento, CA 95814

Property Details for 630 K St

Year built

1956

Construction

TILT-UP CONCRETE

Lot size

0.43 AC

Property size (Sq ft)

95,520 SF

Zone code

C-3-SPD

Property type

Office buildings

APN

006-0091-036-0000

APU

600910360000

Description

This exceptional five-story building at 630 K Street offers four available office spaces ranging from 1,038 to 15,655 square feet. Located in the heart of Sacramento's Central Business District, within the vibrant DoCo entertainment district and the 700 K Block, this property boasts unparalleled visibility and access to over 6.1 million annual visitors. The building features a fully built-out second-floor office space with stunning views of DoCo and the intersection of 7th and K Streets. This space includes an open floor plan, private offices, multiple conference rooms, breakrooms, and restrooms, all with professionally designed interiors and finishes. Additional features include a rooftop space, approximately 13-foot floor-to-deck heights, and floor-to-ceiling glass windows offering spectacular city views. The building benefits from an excellent walk score of 96 and convenient access to public transportation. The surrounding area offers a strong retail mix, including Sauced BBQ & Spirits, Tipsy Putt, Union Bank, Flatstick Pub, 24 Hour Fitness, and Cinemark Century Theater, along with numerous dining and entertainment options. A Con Azucar Cafe lease is already in place. The property is ideally suited for a variety of office uses, including traditional, creative, and executive office spaces. The building also has elevator service and is conveniently located near 7th Street. Potential tenants can benefit from the high foot traffic and strong retail presence in this prime downtown location. The building can accommodate larger tenants with the potential to deliver 62,000 square feet or more of contiguous space.

• CAP approach

  CAP return

  Valuation

  6%

  $29,278,608

  6.5%

  $27,026,408

  7%

  $25,095,950

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,638,346

  Geo Method

  $13,638,346

• Alternative Use

  Use

  Valuation

  Residential

  $33,512,746

  Hospitality

  $30,697,496

  Educational

  $25,539,956

  Medical

  $26,418,314

  Retail

  $39,728,820

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.58

Longitude

-121.498

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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