3600 Marconi AveSacramento, CA 95821

  • Office properties
  • 144,000 SF
For Lease
$16.68/SF/YR View listing

Property Details for 3600 Marconi Ave

Year built
1988
Lot size
6.60 AC
Property size (Sq ft)
144,000 SF
Zone code
BP
Property type
Office properties
Property subtype
Office buildings
APN
269-0090-052-0000
APU
26900900520000

Description

This exceptional executive office complex, located at 3600 Marconi Avenue in Sacramento, California, presents a unique investment opportunity. The property comprises four interconnected, two-story buildings totaling approximately 133,799 square feet, offering a minimum divisible space of 66,003 square feet and a maximum contiguous space of 67,796 square feet. Built in 1986 and extensively renovated in 2020, the property is currently fully vacant, providing immediate occupancy potential. The complex features two suites and boasts ample parking with a ratio of 3.74 spaces per 1,000 square feet. The building is equipped with a robust power system (1,600 amp, 480/277 volts, 3-phase, 4-wire) and elevators for convenient access. Its prime location in Sacramento County (zip code 95821) offers unparalleled convenience, situated within walking distance of the Country Club Plaza Mall and Del Paso Country Club, and just five miles northeast of downtown Sacramento. Easy access to Business 80 and I-80 ensures excellent regional connectivity. This property represents a rare chance to acquire a substantial, well-maintained office complex in a thriving California market. The property's size, modern amenities, and strategic location make it an ideal choice for a variety of businesses seeking a prestigious and functional workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,066,308
    6.5%
    $17,599,668
    7%
    $16,342,549
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,560,320
    Geo Method
    $20,560,320
  • Alternative Use

    Use
    Valuation
    Residential
    $21,823,588
    Hospitality
    $19,990,290
    Educational
    $16,631,686
    Medical
    $17,203,676
    Retail
    $25,871,512
3600 Marconi Ave, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6168
Longitude
-121.379
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
$54,630
$2,466,064
$1,910,662
$4,376,726
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