2969 Prospect Park DrRancho Cordova, CA 95670

Property Details for 2969 Prospect Park Dr

Year built

1983

Construction

TILT-UP CONCRETE

Lot size

3.44 AC

Property size (Sq ft)

46,768 SF

Zone code

OIMU

Property type

Office properties

Property subtype

Office buildings

APN

072-0590-014-0000

APU

7205900140000

Description

This exceptional two-story office building, located at 2969 Prospect Park Drive in Rancho Cordova, California (zip code 95670), offers a prime opportunity for businesses seeking executive office space. The building boasts a total of 46,182 square feet, with multiple tenancy options available. Currently, there are 12,052 square feet of vacant space ready for immediate occupancy. Flexible lease terms are available for spaces ranging from a minimum of 4,340 square feet to a maximum contiguous space of 7,712 square feet, catering to a variety of business needs and sizes. The property is conveniently situated in Sacramento County and provides ample parking, with a ratio of 4.0 parking spaces per 1,000 square feet. The building's classification as "Executive Office, Professional" reflects its high-quality construction and finishes, ideal for businesses seeking a sophisticated and professional image. This is a rare opportunity to secure premium office space in a desirable location. Contact us today to schedule a viewing and explore the possibilities for your business. The property is categorized as Office and Subtype Executive Office, Professional.

• CAP approach

  CAP return

  Valuation

  6%

  $7,349,012

  6.5%

  $6,783,704

  7%

  $6,299,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,677,535

  Geo Method

  $6,677,535

• Alternative Use

  Use

  Valuation

  Residential

  $8,411,793

  Hospitality

  $7,705,157

  Educational

  $6,410,600

  Medical

  $6,631,070

  Retail

  $9,972,045

Location Insight

City

Rancho Cordova

County

Sacramento

State

California

Latitude

38.595

Longitude

-121.277

CBSA code

40900

CBSA name

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

Property Tax & Assessments

FAQs

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