920 Reserve DrRoseville, CA 95678

  • Office properties
  • 2,325 SF
For Sale
$850,000 View listing

Property Details for 920 Reserve Dr

Year built
2006
Construction
WOOD
Lot size
0.05 AC
Property size (Sq ft)
2,325 SF
Property type
Office properties
Property subtype
Other office properties
APN
015-490-058-000
APU
15490058000

Description

This exceptional 6,357-square-foot executive office condo is situated within the prestigious Vintage Oaks Business Park in Placer County. Built in 2005, this single-tenant Class B property offers a unique opportunity for a business seeking a move-in ready space. The unit boasts a thoughtfully designed layout, previously configured as a dental academy, featuring multiple office suites and a spacious open floor plan. A fully built-out loft provides valuable additional storage or workspace, enhancing the functionality and versatility of the property. The building itself is a single-story structure totaling 26,740 square feet, with ample parking provided by 141 spaces. The property is zoned M-1, reflecting its suitability for a variety of commercial uses. The lease rate is $1.90 per square foot, modified gross. This represents a compelling opportunity to secure a well-appointed, conveniently located office space in a thriving Placer County business park. The property's previous use as a dental academy showcases its adaptability and potential for various professional settings. The combination of ample space, convenient parking, and a desirable location makes this an attractive option for businesses seeking to establish or expand their operations in a prime Placer County location. The single-story design offers easy accessibility and efficient workflow. The property's modern design and well-maintained condition ensure a comfortable and productive work environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $307,841
    6.5%
    $284,161
    7%
    $263,864
  • Comparable approach

    Method
    Valuation
    Relative Method
    $331,964
    Geo Method
    $331,964
  • Alternative Use

    Use
    Valuation
    Residential
    $352,360
    Hospitality
    $322,760
    Educational
    $268,532
    Medical
    $277,768
    Retail
    $417,717
920 Reserve Dr, Roseville, California

Location Insight

City
Roseville
County
Placer
State
California
Latitude
38.764
Longitude
-121.27
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
$7,320
$109,363
$593,847
$703,210
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