Midtown Sacramento Development
1025 19th St Sacramento, CA
1025 19th St, Sacramento, CA, 00000
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For Sale
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Vacant building in desirable Midtown grid with development potential.
Property Size28,350 SF
Lot Size0.64 Acres
Price / SF$278.66
Days on Market1260
Property Features for 1025 19th St
General Information
- Standard status
- Active
- Size
- 28,350 SF
- Lot size
- 0.64 Acres
- Property subtype
- OFFICE
Listing Agency
Turton Commercial Real Estate - Corporate
(916) 573-3300
Listed by
Ken Turton · License #01934934
Source
Moodyscre
Added: Feb 3, 2023 Checked: Jul 17 at 4:24 am
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 Turton Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
Located in the heart of Sacramento's Midtown grid, the property at 1025 19th Street presents a development opportunity. The 28,913 square foot parcel includes a vacant 16,400 square foot building constructed of poured-in-place concrete. The site also features 18 parking spaces. Situated on 19th Street between J and K Streets, the property is positioned in a desirable location within the Midtown grid. Furthermore, the property is located in an opportunity zone.
Key Highlights
- Highly desirable Midtown Sacramento location between J and K streets on 19th Street.
- Large 28,913 sq ft parcel with a vacant 16,400 sq ft concrete building.
- Located in an Opportunity Zone.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $612.4k | $21.60 |
| − Vacancy | −$97.4k | −$3.43 |
| EGI | $515.0k | $18.17 |
| − OpEx | −$128.7k | −$4.54 |
| NOI | $386.2k | $13.62 |
28,350 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.52M
$4.83M – $6.44M
NOI $386,246 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.62M
$6.67M – $8.89M
NOI $533,264 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Terra Nova Counseling
Counselor
Jennifer Eipper Law ...
Law Firm
Masashi Hair Salon
Hair Salon
Hair By Lane
Hair Salon
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FAQs
What type of property is this?
Office building - Vacant building in desirable Midtown grid with development potential.
Where is this office building located?
The property is located at 1025 19th St Sacramento, CA.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: Highly desirable Midtown Sacramento location between J and K streets on 19th Street.; Large 28,913 sq ft parcel with a vacant **16,400 sq ft concrete building**.; Located in an Opportunity Zone.
