500 Auburn Folsom RdAuburn, CA 95603

Property Details for 500 Auburn Folsom Rd

Year built

2004

Construction

WOOD

Lot size

0.91 AC

Property size (Sq ft)

19,056 SF

Zone code

R1

Property type

Office properties

Property subtype

Other office properties

APN

004-192-030-000

APU

4192030000

Description

This exceptional two-story office building, situated on a 0.91-acre parcel in Auburn, California, presents a compelling investment opportunity. Boasting 17,654 square feet of space, the property commands a price of $5,206,278, translating to $294.91 per square foot. Constructed in 2007, this multi-tenant building enjoys a prominent location within Auburn, recognized as a signature property. Its strategic placement provides convenient access to both Interstate 80 and Highway 49, ensuring excellent visibility and accessibility for tenants and clients. The building's strong performance is reflected in its attractive 6.50% capitalization rate, making it an ideal addition to any investment portfolio. The property's address is 500 Auburn Folsom Rd, Auburn, CA 95603, within Placer County. This well-maintained building offers a significant opportunity for investors seeking a stable, high-yield asset in a desirable California location. The building's multi-tenant structure provides diversification and potential for future income growth. Its modern design and prime location make it an attractive option for a wide range of businesses. This is a rare opportunity to acquire a high-quality, established office building in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,994,415

  6.5%

  $2,764,075

  7%

  $2,566,641

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,621,364

  Geo Method

  $2,720,816

• Alternative Use

  Use

  Valuation

  Residential

  $3,427,453

  Hospitality

  $3,139,528

  Educational

  $2,612,051

  Medical

  $2,701,884

  Retail

  $4,063,190

Location Insight

City

Auburn

County

Placer

State

California

Latitude

38.8892

Longitude

-121.078

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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