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    215 N 16Th St Sacramento, CA 95811

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    For Lease
    $1.00 SF/Yr ($1,332 /Mo)

    Unique industrial complex in Sacramento's dynamic infill development submarket.

    Property size:
    15,995 SF
    Lot size:
    0.40 Acres

    Property Features for 215 N 16Th St

    General Information

    Size
    15,995 SF
    Lot size
    0.40 Acres

    Source: Turton Commercial Real Estate Agent Scott Kingston

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

    Overview

    Creative Space Opportunity in Sacramento

    The property, located in the grower’s district, consists of three buildings: 200 N 16th Street (Site 200), 211 N 16th Street (Site 211), and 215 N 16th Street (Site 215). Site 200, formerly a produce terminal, is a U-shaped, single-story masonry and wood frame building of approximately 60,814 square feet, situated on a 4.29-acre parcel with 1.69 acres of exterior yard space. Site 211, previously Ruland’s office supply building, is a single-story warehouse and office building of approximately 25,242 square feet on a 0.58-acre parcel. Site 215 includes two warehouse buildings and outdoor yard space. Building 1 at Site 215 is approximately 15,995 square feet, and Building 2 is approximately 3,350 square feet. This property offers a creative space opportunity for urban pioneers, makers, and artists, featuring distinct architectural appeal in the heart of Sacramento’s dynamic infill development submarket, which has over three billion dollars in investment underway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    River City Piano Co., Mobile Mini, Self Storage, Sterling Data Storage, Public Storage

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4799402
    Latitude
    38.5892552

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    FAQs

    What type of property is this?
    Warehouse - Unique industrial complex in Sacramento's dynamic infill development submarket.
    Where is this warehouse located?
    The property is located at 215 N 16Th St Sacramento, CA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Unique U-shaped, single-story building (Site 200) with approx. 60,814 SF on a 4.29-acre parcel with 1.69 acres of exterior yard space.; - Located in Sacramento's dynamic infill development submarket with over $3 billion in investment.; - Comprised of three buildings (Sites 200, 211, and 215) offering diverse space options.
    (916) 573-3300
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    215 N 16Th St Sacramento, CA 95811
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    Sacramento, CA 95811
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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
    215 N 16Th St Sacramento, CA 95811
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