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    1516 R St Sacramento, CA 95811

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    For Lease
    Contact for pricing

    Two-building office project near the R Street corridor.

    Property size:
    52,454 SF
    Lot size:
    1.28 Acres

    Property Features for 1516 R St

    General Information

    Size
    52,454 SF
    Lot size
    1.28 Acres

    Source: CBRE | Sacramento Agent Jason Goff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Project with Parking Garage

    The property at 1515 S Street is a two-building office project encompassing approximately 399,636 square feet. An attached eight-story parking garage is included. The property is located within a half-mile of the state capitol and in the R Street corridor, a shopping, dining, and entertainment district in Sacramento. The parking garage offers 759 stalls, which translates to 1.90 spaces per 1,000 rentable square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northern California Will ... Consultant

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Law Firm Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.490122
    Latitude
    38.5692051

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    FAQs

    What type of property is this?
    Office building - Two-building office project near the R Street corridor.
    Where is this office building located?
    The property is located at 1516 R St Sacramento, CA.
    What are key features of this property?
    This property features: - Located in the heart of the thriving R Street corridor, Sacramento's premier shopping, dining, and entertainment district.; - Large office project with ±399,636 square feet across two buildings.; - Attached eight-story parking garage.
    (916) 446-8290
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    Sacramento, CA 95811
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1516 R St Sacramento, CA 95811
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