Office
For Sale
Contact for pricing
1017 Front Street, Sacramento, CA 95814
Office property offered for sale at 1017 Front St in Sacramento.
Property Size12,240 SF
Price / SF$171.57
Days on Market128
Property Features for 1017 Front Street
General Information
Standard status
Active
Size
12,240 SF
Property subtype
Retail, Office, Mixed Use
Zoning
C-3-SPD (Central Business District)
Occupancy
67%
Investment Type
Value Add
Net Operating Income
$93,815
Financials
Asking Price
$2,100,000
Cap Rate
4.47%
Building Details
Year Renovated
1970
Stories
3
Tenancy
Multi
Listing Agency:
Turton Commercial Real Estate
Listed By:
KIMIO BAZETT · License #02152565
(916) 573-3300
Source:
Crexi
Added: Jun 11
Changed: Oct 15
Last Checked: Oct 16 at 9:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Turton Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building comprises 12,240 square feet and is offered for sale at 1017 Front St in Sacramento, California. The property is identified with 67% occupancy and a reported 4.47% cap rate.
The address is positioned in Sacramento’s historically significant and visitor-rich submarket, with proximity to Old Sacramento and Downtown noted in the property information.
The address is positioned in Sacramento’s historically significant and visitor-rich submarket, with proximity to Old Sacramento and Downtown noted in the property information.
Key Highlights
- 12,240 square feet of office space
- 67% occupancy
- 4.47% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,760
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,335,200
$3.3M
Cap Rate 7%
$2,382,286
$2.4M
Cap Rate 9%
$1,852,889
$1.9M
Market Conditions
NOI Build-Up for 12,240 SF
Gross rent
$264.4K $21.60/SF
− Vacancy
−$42.0K −$3.43/SF
EGI
$222.3K $18.17/SF
− OpEx
−$55.6K −$4.54/SF
NOI
$166.8K $13.62/SF
Area
Sacramento, CA
Vacancy
15.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,335,200
Cap Rate 7%
$2,382,286
Cap Rate 9%
$1,852,889
Alternative Uses
Best Use
Office B
$2.38M
$2.08M – $2.78M
NOI $166,760 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.29M
$2.88M – $3.84M
NOI $230,234 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,932
Businesses Nearby
Explore this area
Business Placement
Demographics for 95814, CA
12,208
Population
7,972
Households
1.5
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
8,720
Density / Sq Mi
$46,637
Median Household Income
$57,500
Median Earnings
$1,226
Median Rent
$621,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Office building - Office property offered for sale at 1017 Front St in Sacramento.
Where is this office building located?
The property is located at 1017 Front Street Sacramento, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 12,240 square feet of office space; 67% occupancy; 4.47% cap rate
