3400 Watt AveSacramento, CA 95821

  • Office properties
  • 7,859 SF
For Lease
$24/SF/YR View listing

Property Details for 3400 Watt Ave

Year built
1961
Construction
WOOD
Lot size
0.33 AC
Property size (Sq ft)
7,859 SF
Zone code
SC
Property type
Office properties
Property subtype
Office buildings
APN
255-0171-018-0000
APU
25501710180000

Description

The Watt Whitney Building, a landmark Sacramento office property at 3400 Watt Ave (APN 255-0171-018-0000), offers multiple move-in ready suites for lease. This two-story, 7,859 square foot building, situated on 0.33 acres, underwent renovations in 2020. The building, originally constructed in 1961, features twelve individual suites, with a minimum divisible space of 300 square feet and a maximum contiguous space of 1,622 square feet. Currently, 2,830 square feet are available for lease. Leases are modified gross. Amenities include common area restrooms, landscaped and skylit common areas, covered parking, and monument signage. The building is zoned SC and is conveniently located in Sacramento County, CA, 95821, near Whitney Avenue. While there are no elevators, the building offers a variety of suite sizes to accommodate various business needs. This is an excellent opportunity to secure office space in a well-maintained and established building. Contact us today to learn more about available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,040,570
    6.5%
    $960,526
    7%
    $891,917
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,122,108
    Geo Method
    $1,122,108
  • Alternative Use

    Use
    Valuation
    Residential
    $1,191,053
    Hospitality
    $1,090,998
    Educational
    $907,697
    Medical
    $938,914
    Retail
    $1,411,974
3400 Watt Ave, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.627
Longitude
-121.382
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
$5,957
$223,101
$256,568
$479,669
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FAQs

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