5345 Madison AveSacramento, CA 95841

  • Office properties
  • 25,105 SF
For Sale
$4,500,000 View listing

Property Details for 5345 Madison Ave

Year built
1989
Construction
WOOD
Lot size
1.85 AC
Property size (Sq ft)
25,105 SF
Zone code
BP
Property type
Office properties
Property subtype
Office buildings
APN
230-0053-004-0000
APU
23000530040000

Description

This exceptional investment opportunity presents a single-story, Class B office building situated on a 1.85-acre lot at 5345 Madison Ave, Sacramento, CA 95841. The property boasts 25,105 rentable square feet, currently 40% occupied, and offers a compelling 6.93% cap rate with a $312,000 NOI. Built in 1989 and renovated in 2016, the building features a multi-tenant design, providing flexibility for diverse tenants. Its strategic location on Madison Avenue, a major commercial corridor with approximately 55,000 cars daily, and its proximity (1.2 miles) to Interstate 80, ensures high visibility and accessibility. The property includes separate meters for easy multi-tenant management and a gated parking lot for enhanced security. The asking price is $4,500,000, translating to $179.25 per square foot. The property is zoned BP and features a convenient single-story design. This is an excellent opportunity for investors seeking a strong return in a thriving Sacramento market. The property's 2016 renovation ensures modern amenities and functionality. The building's multi-tenant layout offers diverse income streams and potential for future lease growth. The substantial lot size provides ample space for expansion or future development. This property offers a rare combination of location, income, and potential for appreciation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,324,025
    6.5%
    $3,068,331
    7%
    $2,849,164
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,584,492
    Geo Method
    $3,584,492
  • Alternative Use

    Use
    Valuation
    Residential
    $3,804,730
    Hospitality
    $3,485,113
    Educational
    $2,899,573
    Medical
    $2,999,294
    Retail
    $4,510,446
5345 Madison Ave, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6613
Longitude
-121.339
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
$24,157
$600,000
$1,400,000
$2,000,000
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