2321 P StSacramento, CA 95816

Property Details for 2321 P St

Year built

1962

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

4,680 SF

Zone code

R-3A-SPD

Property type

Office buildings

APN

007-0256-019-0000

APU

702560190000

Description

This exceptional 2,100 square foot creative office space is available for lease in Sacramento's vibrant Midtown submarket. Located at 2321 P Street, this single-tenant property offers a unique opportunity for businesses seeking a stylish and functional workspace. The building boasts ample natural light, creating a bright and inspiring environment for employees. With a total of five parking spaces, convenient parking is readily available for tenants and clients. The property is situated in Sacramento County, within the desirable Midtown submarket, providing easy access to a variety of amenities, including restaurants, shops, and public transportation. The property's classification as a "Creative Office" suggests a flexible layout adaptable to various business needs. The entire 2,100 square feet is currently vacant, allowing for complete customization to suit a tenant's specific requirements. This is an ideal location for businesses seeking a prominent address in a thriving urban setting. The zip code for this property is 95816. The property's coordinates are 38.5690017 latitude and -121.4778178 longitude. This presents a rare opportunity to secure a fully vacant, well-located creative office space in a highly sought-after area of Sacramento. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,327,306

  6.5%

  $1,225,206

  7%

  $1,137,691

• Comparable approach

  Method

  Valuation

  Relative Method

  $668,210

  Geo Method

  $668,210

• Alternative Use

  Use

  Valuation

  Residential

  $1,519,255

  Hospitality

  $1,391,630

  Educational

  $1,157,819

  Medical

  $1,197,639

  Retail

  $1,801,052

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5691

Longitude

-121.478

CBSA code

40900

CBSA name

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

Property Tax & Assessments

FAQs

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