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    1616 29Th St Sacramento, CA 95816

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    For Sale
    $2,995,000

    Exceptional leasing opportunity in the heart of Sacramento.

    Property size:
    23,649 SF
    Lot size:
    0.45 Acres

    Property Features for 1616 29Th St

    General Information

    Size
    23,649 SF
    Lot size
    0.45 Acres

    Source: Newmark | Sacramento Agent David Brandenburger

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

    Overview

    Prime Sacramento Commercial Property

    This Sacramento property offers a leasing opportunity with modern facilities, flexible floor plans, and amenities. The interiors feature natural light, versatile spaces, and contemporary design elements, creating a professional work environment. The property benefits from access to major transportation routes and a location within a commercial hub. The property has a size of 23649 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arthur Murray Sacramento Ballroom Dance Instructor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4714306
    Latitude
    38.5661585

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    FAQs

    What type of property is this?
    Office building - Exceptional leasing opportunity in the heart of Sacramento.
    Where is this office building located?
    The property is located at 1616 29Th St Sacramento, CA.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Sacramento.; - Modern facilities and state-of-the-art amenities.; - Flexible floor plans to meet diverse business needs.
    (916) 920-4400
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    1616 29Th St Sacramento, CA 95816
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    Sacramento, CA 95816
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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
    1616 29Th St Sacramento, CA 95816
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