180 Promenade CirSacramento, CA 95834

Property Details for 180 Promenade Cir

Year built

2009

Construction

STEEL FRAME

Lot size

6.40 AC

Property size (Sq ft)

120,031 SF

Zone code

SC-PUD EC-

Property type

Office buildings

APN

225-2110-020-0000

APU

22521100200000

Description

This Class A, 15,447 square foot office building in Sacramento, CA (95834), offers a variety of flexible workspace solutions. Located at 180 Promenade Circle, Suite 300, the property boasts 350 suites, with 5,970 square feet currently vacant. Spaces range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The building features a bright, spacious atrium, and is conveniently located near downtown Sacramento and Sacramento International Airport (both within ten minutes). Renovated in 2019, the building includes elevators and offers various office options, including private, fully furnished and equipped offices, serviced offices, custom office spaces, disaster recovery spaces, and day offices. A nearby shopping complex provides ample dining and entertainment options for clients and employees. The building's multiple tenancy structure allows for diverse business needs. This prime location offers easy commuting and travel access. The property is ideal for businesses seeking a blend of modern amenities and convenient access to key Sacramento locations.

• CAP approach

  CAP return

  Valuation

  6%

  $24,516,500

  6.5%

  $22,630,700

  7%

  $21,014,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,138,000

  Geo Method

  $17,138,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $47,302,200

  Retail / Commercial

  $23,718,400

  Mixed-Use / Specialty

  $23,210,000

  Hospitality / Lodging

  $16,476,600

  Institutional / Educational

  $23,977,600

  Residential Income

  $28,053,800

  Multifamily

  $35,996,000

  Automotive / Energy

  $20,552,200

  Parking / Income-Based Land

  $7,511,080

  Restaurant / Food Service

  $11,167,100

  Healthcare / Senior Housing

  $24,236,100

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.6367

Longitude

-121.499

CBSA code

40900

CBSA name

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

Property Tax & Assessments

FAQs

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