2882 Prospect Park DrRancho Cordova, CA 95670

  • Office properties
  • 115,593 SF
For Lease

Property Details for 2882 Prospect Park Dr

Year built
1999
Construction
STEEL FRAME
Lot size
6.31 AC
Property size (Sq ft)
115,593 SF
Zone code
OPMU
Property type
Office properties
Property subtype
Office buildings
APN
072-0610-089-0000
APU
7206100890000

Description

This exceptional Class A office building, located at 2882 Prospect Park Drive in Rancho Cordova, California (zip code 95670), offers a prime opportunity for businesses seeking executive or professional office space. The four-story building boasts a total of 88,891 square feet, with a significant amount of vacant space currently available, totaling 61,950 square feet. Multiple tenancy options are available, catering to a variety of business needs and sizes. Individual suites range from a minimum of 4,093 square feet to a maximum contiguous space of 21,884 square feet, providing flexibility for companies of all scales. The building is situated in Sacramento County and benefits from its convenient location. This property is ideal for businesses seeking a prestigious address in a thriving area. The building's Class A designation reflects its high-quality construction, modern amenities, and professional atmosphere. With ample space available, this is an excellent opportunity to establish or expand your business in a desirable location. Contact us today to learn more about the available spaces and lease terms. The property is easily accessible and offers convenient access to major transportation routes. This is a rare opportunity to secure high-quality office space in a sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,164,010
    6.5%
    $16,766,779
    7%
    $15,569,151
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,504,369
    Geo Method
    $16,504,369
  • Alternative Use

    Use
    Valuation
    Residential
    $20,790,806
    Hospitality
    $19,044,266
    Educational
    $15,844,606
    Medical
    $16,389,526
    Retail
    $24,647,164
2882 Prospect Park Dr, Rancho Cordova, California

Location Insight

City
Rancho Cordova
County
Sacramento
State
California
Latitude
38.5932
Longitude
-121.281
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
$258,116
$4,396,027
$17,484,434
$21,880,461
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FAQs

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