Medical Office
For Sale
Contact for pricing
1130 Conroy Ln, Roseville, CA 95661
Well-established medical/office condominium built in 1982, offered with modified gross terms.
Property Size4,248 SF
Price / SF$225
Days on Market208
Property Features for 1130 Conroy Ln
General Information
Standard status
Active
Size
4,248 SF
Property subtype
OFFICE
Zoning
BP
Lease Type
Modified Gross
Building Details
Year Built
1982
Listing Agency:
CBRE | Roseville
(916) 781-2400
Listed By:
Kevin Larscheid · License #00816790
(916) 781-4818
Source:
Moodyscre
Added: Feb 6
Changed: Aug 14
Last Checked: Sep 2 at 12:29AM
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 CBRE | Roseville
Investment Insights
Based on property information with market context.
Medical/office condominium within a multi-building offering, consisting of approximately 4,248 SF across the stated APNs. The property is under a BP (Business Professional) zoning designation and is priced for sale with modified gross expenses described in the offering. Estimated 2026 CAM is noted as $0.32 PSF.
The transaction also references three buildings sold or leased individually or as a portfolio, with APNs including 014-270-056, 057, and 058. Parking is identified at a 6.5 per 1,000 SF ratio.
Built in 1982, the asset is configured for medical and office use under the Business Professional zoning category and is presented as a condo within the broader three-building package.
The transaction also references three buildings sold or leased individually or as a portfolio, with APNs including 014-270-056, 057, and 058. Parking is identified at a 6.5 per 1,000 SF ratio.
Built in 1982, the asset is configured for medical and office use under the Business Professional zoning category and is presented as a condo within the broader three-building package.
Key Highlights
- ±4,248 SF medical/office condominium across three buildings, sold or leased individually or as a portfolio
- Built in 1982
- Modified gross terms: $1.75 PSF with estimated 2026 CAM of $0.32 PSF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,807
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,156,140
$1.2M
Cap Rate 7%
$825,814
$825.8K
Cap Rate 9%
$642,300
$642.3K
Market Conditions
NOI Build-Up for 4,248 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$107.0K $25.20/SF
− Vacancy
−$10.7K −$2.52/SF
EGI
$96.3K $22.68/SF
− OpEx
−$38.5K −$9.07/SF
NOI
$57.8K $13.61/SF
Area
Roseville, CA
Vacancy
10.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,156,140
Cap Rate 7%
$825,814
Cap Rate 9%
$642,300
Alternative Uses
Best Use
Healthcare Medical
$825.8K
$722.6K – $963.5K
NOI $57,807 @ 7.0% cap · market cap 6.05%
Second Best
Office B
$817.9K
$715.7K – $954.3K
NOI $57,256 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,842 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,562
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95661, CA
32,847
Population
13,832
Households
2.4
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,650
Density / Sq Mi
$103,745
Median Household Income
$62,760
Median Earnings
$1,930
Median Rent
$667,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-established medical/office condominium built in 1982, offered with modified gross terms.
Where is this medical office space located?
The property is located at 1130 Conroy Ln Roseville, CA.
What is the asking price?
The asking price for this property is $955,800.
What are key features of this property?
This property features: ±4,248 SF medical/office condominium across three buildings, sold or leased individually or as a portfolio; Built in 1982; Modified gross terms: $1.75 PSF with estimated 2026 CAM of $0.32 PSF
