10304 Placer LnSacramento, CA 95827

Property Details for 10304 Placer Ln

Year built

1988

Construction

TILT-UP CONCRETE

Lot size

0.09 AC

Property size (Sq ft)

6,500 SF

Zone code

OIMU

Property type

Office buildings

APN

077-0350-027-0000

APU

7703500270000

Description

This exceptional 6,500 square foot office building, situated on a 0.09-acre lot at 10304 Placer Lane in Sacramento, California, presents a unique investment opportunity. The property boasts a well-maintained two-story design, perfectly suited for immediate occupancy. Significant upgrades have been implemented within the last five years, enhancing both functionality and efficiency. These improvements include a comprehensive upgrade to energy-efficient LED lighting throughout the building, ensuring lower operating costs. The restrooms have also undergone a complete renovation, providing a modern and comfortable experience for occupants. A state-of-the-art, high-end security system has been installed, prioritizing the safety and security of the premises and its contents. Furthermore, the building benefits from four independent HVAC units, guaranteeing consistent climate control and optimal comfort across all areas. The property's prime location in Sacramento offers excellent accessibility and visibility, making it an ideal choice for a variety of businesses. This meticulously maintained building represents a compelling opportunity for businesses seeking a modern, efficient, and secure workspace in a desirable Sacramento location. The asking price is $995,000. This is a rare opportunity to acquire a turnkey office building with recent upgrades and a prime location. Don't miss out on this exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $1,021,395

  6.5%

  $942,826

  7%

  $875,481

• Comparable approach

  Method

  Valuation

  Relative Method

  $928,070

  Geo Method

  $928,070

• Alternative Use

  Use

  Valuation

  Residential

  $1,169,104

  Hospitality

  $1,070,893

  Educational

  $890,970

  Medical

  $921,612

  Retail

  $1,385,954

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5766

Longitude

-121.308

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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