Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Historic Office Space in Sacramento Title is generated by Realmo AI

    1107-1109 9th St, Sacramento, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Charming office space near the Capitol, ideal for advocacy groups.

    Type:OFFICE
    Property size:
    3,433 SF
    Lot size:
    0.37 Acres
    Added:
    Jul 4, 2024
    Days on Market:
    701
    Last Refresh:
    May 20 at 8:59 pm

    Property Features for 1107-1109 9th St

    General Information

    Standard status
    Active
    Size
    3,433 SF
    Lot size
    0.37 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 1107-1109 9th St Contact us

    We can help!

    Listing Contact
    Jon Bruner
    Jon Bruner

    Listing agent Jon Bruner

    Listing office Cushman & Wakefield | Sacramento

    Listing date Jul 4, 2024

    Source Moodyscre

    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 Cushman & Wakefield | Sacramento

    HighLights

    • Prime location in the heart of Sacramento, steps from the Capitol.
    • Unique blend of historic charm and modern functionality.
    • Ideal environment for associations, lobbying firms, and advocacy groups.
    • Beautifully preserved architectural details.
    • Thoughtfully updated interiors.
    • Creates a comfortable, residential ambiance.

    Overview

    The Forum, located at 1107 9th St in Sacramento, is available for lease. This property offers a blend of historic charm and modern functionality. The building is situated steps from the Capitol, creating an environment suitable for associations, lobbying firms, and advocacy groups. The Forum features preserved architectural details, updated interiors, and a residential ambiance. The property provides 3,433 square feet of office space.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.495
    Latitude
    38.5792

    Nearby Similar for Lease

    • Sponsored
      $129-$6,386/Mo
      11-1,292 SF

      CA, Sacramento - 1860 Howe Ave

      1860 Howe Ave, Unit 250, Sacramento, CA 95825
      View Details
    • $129-$3,736/Mo
      11-1,292 SF

      CA, Sacramento - 2180 Harvard

      2180 Harvard St, Unit 100, Sacramento, CA 95815
      View Details
    • $129-$4,017/Mo
      11-1,292 SF

      CA, Sacramento - 1750 Howe

      1750 Howe Ave, Sacramento, CA 95825
      View Details
    • Sponsored
      $129-$8,687/Mo
      11-1,292 SF

      8880 Cal Center Drive

      8880 Cal Center Dr, Unit 4TH, Sacramento, CA 95826
      View Details
    • $129-$5,365/Mo
      11-1,292 SF

      500 Capitol Mall

      500 Capitol Mall, Unit 2350, Sacramento, CA 95814
      View Details
    • $129-$6,146/Mo
      11-1,292 SF

      Promenade Circle

      180 Promenade Cir, Unit 300, Sacramento, CA 95834
      View Details
    • $129-$7,333/Mo
      11-1,292 SF

      Spaces R Street

      1610 R St, Sacramento, CA 95811
      View Details
    • $126-$3,379/Mo
      11-1,292 SF

      CA, Sacramento - 11th St

      1100 11Th St, Sacramento, CA 95814
      View Details
    • $129-$4,601/Mo
      11-1,292 SF

      Campus Commons

      333 University Ave, Unit 200, Sacramento, CA 95825
      View Details
    • $2 SF/Yr
      2,500 SF

      Freestanding Building with Fenced Yard

      Freestanding building with yard, convenient location, and ample parking.
      200 Q St, Sacramento, CA 95811
      View Details
    • $500/Mo
      200 SF

      Executive Office Unit For Lease

      Office unit for lease in a high visibility location.
      3117 El Camino Ave, Sacramento, CA 95821
      View Details
    • $1.50 SF/Yr
      25,000 SF

      Retail Space in Stockton Boulevard

      Retail space for lease in Sacramento's Little Saigon area.
      6821-6833 Stockton Blvd., Sacramento, CA 95823
      View Details

    FAQs

    What type of property is this?
    Office units - Charming office space near the Capitol, ideal for advocacy groups.
    Where is this office units located?
    The property is located at 1107-1109 9th St Sacramento, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Prime location in the heart of Sacramento, steps from the Capitol.; Unique blend of historic charm and modern functionality.; Ideal environment for associations, lobbying firms, and advocacy groups.
    (916) 288-4800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jon Bruner
    Jon Bruner
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1107-1109 9th St, Sacramento, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!