2205 Plaza DrRocklin, CA 95765
- Office properties
- 21,470 SF
Property Details for 2205 Plaza Dr
- Year built
- 2006
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 21,470 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 358-140-004-000
- APU
- 358140004000
Description
This exceptional Class A office building, located at 2205 Plaza Drive in Rocklin, California's prestigious Stanford Ranch Office Plaza, presents a unique owner-user opportunity. The property boasts 21,470 square feet spread across two stories, built in 2007, and sits on a 0.34-acre lot. Its versatile design caters to both medical and creative office uses, making it ideal for a variety of businesses. The building features a gross lease structure and is currently multi-tenant, offering immediate income potential for an owner-user. The asking price is $5,367,500, translating to $250 per square foot. The property's APN is 358-140-004 and is zoned appropriately for its current use. Situated in Placer County, with a 95765 zip code, this property benefits from a prime location within a thriving business community. This is a rare chance to acquire a high-quality, well-maintained office building in a desirable area, offering both immediate income and long-term growth potential. The building's design and location make it an attractive investment for those seeking a blend of income generation and a strategic business address. The property's multi-tenant occupancy provides a diversified income stream, mitigating risk and enhancing the overall investment value. This is a turnkey opportunity for a discerning buyer seeking a premium office space in a highly sought-after location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,842,734
- 6.5%
- $2,624,062
- 7%
- $2,436,629
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,065,486
- Geo Method
- $3,065,486
-
Alternative Use
- Use
- Valuation
- Residential
- $3,253,836
- Hospitality
- $2,980,497
- Educational
- $2,479,738
- Medical
- $2,565,020
- Retail
- $3,857,370
Location Insight
- City
- Rocklin
- County
- Placer
- State
- California
- Latitude
- 38.7949
- Longitude
- -121.271
- 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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