3215 Prospect Park DrRancho Cordova, CA 95670

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 properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $16,040,609

  6.5%

  $14,806,716

  7%

  $13,749,094

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,574,982

  Geo Method

  $14,574,982

• Alternative Use

  Use

  Valuation

  Residential

  $18,360,328

  Hospitality

  $16,817,962

  Educational

  $13,992,347

  Medical

  $14,473,565

  Retail

  $21,765,872

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

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