801 Sterling PkwyLincoln, CA 95648

  • Medical offices
  • 11,951 SF
For Lease
$30/SF/YR View listing

Property Details for 801 Sterling Pkwy

Year built
2007
Construction
WOOD
Lot size
1.30 AC
Property size (Sq ft)
11,951 SF
Property type
Medical offices
Property subtype
Medical centers
APN
330-190-010-000
APU
330190010000

Description

This exceptional 502-square-foot executive office suite is situated within a larger 11,930-square-foot building constructed in 2007. The space boasts a private entrance, three individual rooms, and access to shared amenities including two multi-stall restrooms and a kitchenette. Its strategic location in Lincoln, Placer County, offers unparalleled access to major thoroughfares. The property sits between Joiner Parkway and Lincoln Boulevard, providing easy access to Highway 65 and Interstate 80, facilitating seamless commutes throughout the region, connecting Reno to San Francisco. This prime location benefits from high visibility and proximity to numerous established businesses. Neighboring tenants include well-known local and national brands such as Century 21, Rockstar Music Academy, Bambini Montessori, and Swanson Shaack Physical Therapy. Furthermore, the property enjoys convenient access to a variety of amenities, including Quick Quack Car Wash, PNC Bank, Domino's Pizza, Subway, and the Sterling Point Shopping Center, home to Raley's, Taco Bell, Baskin Robbins, Jamba Juice, Bank of America, and California Sun. The property's zoning is designated as Office, making it ideally suited for a variety of professional uses. This presents a unique opportunity to establish a business in a thriving and well-connected area of Placer County, minutes from Highway 65 and I-80, providing easy access to the greater Sacramento region. The building is single-tenant occupied, offering a unique opportunity for a business seeking a well-established and convenient location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,582,371
    6.5%
    $1,460,650
    7%
    $1,356,318
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,706,364
    Geo Method
    $1,706,364
  • Alternative Use

    Use
    Valuation
    Residential
    $1,811,206
    Hospitality
    $1,659,055
    Educational
    $1,380,314
    Medical
    $1,427,786
    Retail
    $2,147,156

Location Insight

City
Lincoln
County
Placer
State
California
Latitude
38.8707
Longitude
-121.294
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
$39,258
$1,000,000
$1,900,000
$2,900,000
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-
-
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