2205 Plaza DrRocklin, CA 95765

  • Office properties
  • 21,470 SF
For Sale
$5,367,500 View listing

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
2205 Plaza Dr, Rocklin, California

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

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
$32,009
$1,179,420
$1,704,800
$2,884,220
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