Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9615 Laguna Springs Dr Elk Grove, CA 95758

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Proposed office and medical space near Highway 99 and hospitals.

    Property size:
    20,000 SF
    Lot size:
    5.96 Acres

    Property Features for 9615 Laguna Springs Dr

    General Information

    Size
    20,000 SF
    Lot size
    5.96 Acres

    We can help!

    Listing Contact
    Scott Bennett
    Scott Bennett
    Source: Moodyscre

    Listing Agent: Scott Bennett

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

    Learn more

    Overview

    Proposed Office Park in Elk Grove

    Allen Ranch Office Park is a proposed development offering opportunities to own or lease office and medical space. The location provides proximity to medical campuses, retail services, housing, and Highway 99. The property is situated in a central Elk Grove location, surrounded by dense residential neighborhoods and retail outlets. It is close to Dignity, Kaiser, and Sutter Health campuses. The property offers easy access to Highway 99. The property size is 20000 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove
    County
    Sacramento
    State
    California
    Longitude
    -121.3951677
    Latitude
    38.4093169

    Nearby Similar for Sale

    • $1,990,000

      Resort-Style Estate with Endless Amenities

      Rare estate featuring two updated homes and resort-style amenities.
      8600 Excelsior Rd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      1,944 SF

      Restaurant with Dual Lane Drive-Through

      Restaurant with dual lane drive-through and large outdoor patio.
      9583 Elk Grove Florin Rd, Elk Grove, CA 95624
      View Details
    • $11,950,000
      47,392 SF

      Elk Grove Multi-Tenant Industrial Building

      47,392 SF industrial building 100% leased in Elk Grove.
      9068 Elkmont Dr, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      74,890 SF

      Elk Grove Retail Center

      Retail center with high traffic, easy access, and strong demographics.
      2501-2619 West Taron Dr, Elk Grove, CA 95757
      View Details
    • $3,490,000
      10,844 SF

      Elk Grove Flex/Office Building

      Two-tenant flex/office building in Elk Grove with I-5 access.
      2204 Kausen Dr, Elk Grove, CA 95758
      View Details
    • $5,304,000
      2,057 SF

      NNN Leased Investment Opportunity

      Two-tenant NNN leased investment property for sale.
      10065 Bruceville Rd, Elk Grove, CA 95757
      View Details
    • $980,000
      1,636 SF

      Retail Property in Elk Grove

      Retail property for sale in Elk Grove, California.
      9080 Laguna Main St, Elk Grove, CA 95758
      View Details
    • $5,700,000
      49,222 SF

      Elk Grove Retail Property

      Retail property available for sale in Elk Grove, California.
      2475 Elk Grove Blvd, Elk Grove, CA 95758
      View Details
    • $1,150,000
      3,080 SF

      Elk Grove Office Building

      Office building with 3,080 square feet of space.
      9299 E Stockton Blvd, Elk Grove, CA 95624
      View Details
    • Contact for pricing
      74,890 SF

      Retail Center Near Interstate-5

      Retail center with high traffic, easy access, and strong demographics.
      2501-2619 West Taron Dr, Elk Grove, CA 95757
      View Details
    • $12,580,000
      2.08 Acres

      Elk Grove LA Fitness Investment

      High-traffic, NNN-leased fitness center.
      8438 Elk Grove Florin Rd, Elk Grove, CA 95624
      View Details
    • $1,917,360
      5,326 SF

      Elk Grove Office Condo For Sale

      Class A Office, 5,326 SF
      9381 Stockton Blvd, Elk Grove, CA 95624
      View Details

    FAQs

    What type of property is this?
    Office space - Proposed office and medical space near Highway 99 and hospitals.
    Where is this office space located?
    The property is located at 9615 Laguna Springs Dr Elk Grove, CA.
    What are key features of this property?
    This property features: - Central Elk Grove location.; - Close proximity to Dignity, Kaiser and Sutter Health campuses.; - Easy access to Highway 99.
    (916) 563-3013
    Request Owner's contact information
    9615 Laguna Springs Dr Elk Grove, CA 95758
    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.
    9615 Laguna Springs Dr
    Elk Grove, CA 95758
    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
    9615 Laguna Springs Dr Elk Grove, CA 95758
    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

    We can help!
    Listing Contact
    Scott Bennett
    Scott Bennett
    Real Estate License ID: CA 01351389
    (916) 563-3013
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.