7844 Madison AveFair Oaks, CA 95628

Property Details for 7844 Madison Ave

Year built

1978

Construction

WOOD

Lot size

1.83 AC

Property size (Sq ft)

25,012 SF

Zone code

BP (PD)

Property type

Office buildings

APN

233-0700-002-0000

APU

23307000020000

Description

This 1,916 square foot Class B office condo is located in the Sunrise Professional Centre in Fair Oaks, CA, at 7844 Madison Ave, Suite 167, zip code 95628. The asking price is $258,660, or $135 per square foot. This multi-tenant office project offers a variety of unit sizes, ranging from approximately 508 to 7,800 square feet, suitable for diverse business needs. The property boasts a prime location off Madison Avenue and Sunrise Boulevard, a high-traffic area with 43,680 cars daily. Its convenient proximity to Quail Point and Sunrise Village Shopping Centers provides easy access to numerous retail and dining options. The Sunrise Professional Centre features attractive landscaping, including a large lawn area, interior walkways, and mature foliage, along with ample parking. This is a great owner-user opportunity in a thriving commercial area. The building is a single-story structure within a three-building complex totaling 81,857 square feet. This specific unit is categorized as a Creative, Medical, and Traditional Office space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,311,712

  6.5%

  $3,056,964

  7%

  $2,838,610

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,571,213

  Geo Method

  $3,571,213

• Alternative Use

  Use

  Valuation

  Residential

  $3,790,636

  Hospitality

  $3,472,202

  Educational

  $2,888,832

  Medical

  $2,988,183

  Retail

  $4,493,738

Location Insight

City

Fair Oaks

County

Sacramento

State

California

Latitude

38.6627

Longitude

-121.275

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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