3215 Prospect Park DrRancho Cordova, CA 95670
- Office buildings
- 102,080 SF
Property Details for 3215 Prospect Park Dr
- Year built
- 1988
- Construction
- TILT-UP CONCRETE
- Lot size
- 9.38 AC
- Property size (Sq ft)
- 102,080 SF
- Zone code
- OPMU
- Property type
- Office buildings
- APN
- 072-0680-042-0000
- APU
- 7206800420000
Description
This ±101,000 square foot office and industrial building, located at 3215 Prospect Park Drive in Rancho Cordova, California (zip code 95670), presents a unique investment opportunity. Built in 1987 as part of the Capital Center, this single-story structure offers multiple tenancy options with two spaces currently available, ranging from 21,301 to 55,645 square feet. The property's OPMU zoning allows for a diverse range of uses, including medical facilities, offices, schools, religious institutions, manufacturing (small-scale, under 20,000 square feet), research and development, and even gym or sports facilities. Its prime location offers excellent access to Highway 50 via Zinfandel Drive and Sunrise Boulevard, providing convenient commutes for employees and clients. The surrounding area boasts numerous retail and restaurant amenities, enhancing the property's appeal and convenience. This versatile property is ideal for businesses seeking flexible space in a thriving Sacramento County location. The building's substantial size and flexible zoning make it suitable for a variety of commercial enterprises. Consider this exceptional opportunity to secure a well-located, adaptable property in a dynamic market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $18,179,400
- 6.5%
- $16,780,900
- 7%
- $15,582,300
-
Comparable approach
- Method
- Valuation
- Relative Method
- $14,575,000
- Geo Method
- $14,575,000
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $36,598,700
- Retail / Commercial
- $18,070,500
- Mixed-Use / Specialty
- $17,456,800
- Hospitality / Lodging
- $12,092,300
- Institutional / Educational
- $17,951,700
- Residential Income
- $21,003,500
- Multifamily
- $28,235,700
- Automotive / Energy
- $15,387,200
- Parking / Income-Based Land
- $5,852,640
- Restaurant / Food Service
- $7,907,080
- Healthcare / Senior Housing
- $18,464,900
Location Insight
- City
- Rancho Cordova
- County
- Sacramento
- State
- California
- Latitude
- 38.5862
- Longitude
- -121.274
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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