Office Condo in Business
For Sale
Contact for pricing
1156 Suncast Ln, El Dorado Hills, CA 95762
Cold-shell office condo with rooftop HVAC and sprinkler system, zoned R&D with multiple private entrances.
Property Size3,360 SF
Price / SF$245.54
Days on Market212
Property Features for 1156 Suncast Ln
General Information
Standard status
Active
Size
3,360 SF
Property subtype
OFFICE
Zoning
R&D
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Sprinkler System
Yes
Amenities
common areas
landscaped grounds
pond and water features
putting green
multiple private entrances
Building Details
Year Built
2000
Listing Agency:
Kidder Mathews | Sacramento
(916) 970-9700
Listed By:
Tom Conwell
(916) 569-2380
Source:
Moodyscre
Added: Feb 13
Changed: Sep 12
Last Checked: Sep 12 at 8:36AM
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 Kidder Mathews | Sacramento
Investment Insights
Based on property information with market context.
This office condo totaling 3,360 SF is delivered in cold shell condition, allowing for a customizable build-out for an owner-user or investor. The property includes previously approved architectural plans that may be reactivated after updating for current (2025) building codes, which may help reduce design and entitlement timelines. Built in 2000, it features rooftop HVAC and a fully sprinklered setup, and is zoned R&D (Research & Development) with multiple private entrances suited to single or multi-tenant occupancy.
The property is located within the El Dorado Hills Business Park, a well-maintained office park with landscaped grounds, pond and water features, and a putting green. Access is described as convenient to Latrobe Rd, White Rock Rd, and US Highway 50, with nearby retail and amenities at El Dorado Hills Town Center.
For a tenant or buyer looking to shape the interior to specific needs, the multiple private entrances and available plans provide a structured starting point without demolition costs, while the cold-shell delivery supports a tailored design approach.
The property is located within the El Dorado Hills Business Park, a well-maintained office park with landscaped grounds, pond and water features, and a putting green. Access is described as convenient to Latrobe Rd, White Rock Rd, and US Highway 50, with nearby retail and amenities at El Dorado Hills Town Center.
For a tenant or buyer looking to shape the interior to specific needs, the multiple private entrances and available plans provide a structured starting point without demolition costs, while the cold-shell delivery supports a tailored design approach.
Key Highlights
- ±3,360 SF office condo in El Dorado Hills Business Park, priced at $825,000
- Delivered in cold shell condition with previously approved architectural plans available
- Zoned R&D (Research & Development) with multiple private entrances for single- or multi‑tenant use
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
$55,218
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
6.69%
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%
$1,104,360
$1.1M
Cap Rate 7%
$788,829
$788.8K
Cap Rate 9%
$613,533
$613.5K
Market Conditions
NOI Build-Up for 3,360 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
$88.7K $26.40/SF
− Vacancy
−$15.1K −$4.49/SF
EGI
$73.6K $21.91/SF
− OpEx
−$18.4K −$5.48/SF
NOI
$55.2K $16.43/SF
Area
El Dorado County, CA
Vacancy
17.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$1,104,360
Cap Rate 7%
$788,829
Cap Rate 9%
$613,533
Alternative Uses
Best Use
Office B
$788.8K
$690.2K – $920.3K
NOI $55,218 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,088 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 95762, CA
47,354
Population
17,285
Households
2.7
Avg Household Size
45
Median Age
59%
College-Educated
98%
High-School Grad
41.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$165,979
Median Household Income
$82,896
Median Earnings
$2,479
Median Rent
$881,500
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 West region
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Frequently Asked Questions
What type of property is this?
Office units - Cold-shell office condo with rooftop HVAC and sprinkler system, zoned R&D with multiple private entrances.
Where is this office units located?
The property is located at 1156 Suncast Ln El Dorado Hills, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: ±3,360 SF office condo in El Dorado Hills Business Park, priced at $825,000; Delivered in cold shell condition with previously approved architectural plans available; Zoned R&D (Research & Development) with multiple private entrances for single- or multi‑tenant use
