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    700 L St Sacramento, CA 95814

    For Lease
    $3 SF/Yr ($2,884 /Mo)

    Four-story retail and office building in Downtown Sacramento for lease.

    Property size:
    9,230 SF
    Lot size:
    0.59 Acres

    Property Features for 700 L St

    General Information

    Size
    9,230 SF
    Lot size
    0.59 Acres

    Source: Turton Commercial Real Estate Agent Ken Turton

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

    Overview

    Downtown Sacramento Retail/Office Building

    The property at 700 L Street is a four-story building with 23,230 square feet of retail and office space, situated in downtown Sacramento. The building's location is four blocks from the State Capitol and City Hall, one block from the Golden One Center and DoCo, and five blocks from the Sacramento Convention Center. It is also three blocks from the city’s largest public parking garage and within walking distance of major hotels. The building can accommodate various uses and sizes, from office to retail, with available spaces ranging from 5,925 square feet up to the entire building. A drive-thru is located on the east side of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4981704
    Latitude
    38.5787605

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    FAQs

    What type of property is this?
    Retail space - Four-story retail and office building in Downtown Sacramento for lease.
    Where is this retail space located?
    The property is located at 700 L St Sacramento, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Strategic downtown location: heart of Sacramento, near Capitol, City Hall, Golden One Center, DoCo, Convention Center, major hotels.; - Versatile building: suitable for office or retail use.; - Size flexibility: spaces from 5,925 SF to 23,230 SF available.
    (916) 573-3300
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    Sacramento, CA 95814
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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
    700 L St Sacramento, CA 95814
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