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    Granite Bay Office Building Title is generated by Realmo AI

    8515 Berg St, Granite Bay, CA

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    4,530 SF office building for sale in Granite Bay.

    Type:OFFICE
    Property size:
    4,530 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $450/SF
    Added:
    Jul 1, 2024
    Days on Market:
    714
    Last Refresh:
    May 20 at 8:16 pm

    Property Features for 8515 Berg St

    General Information

    Standard status
    Active
    Size
    4,530 SF
    Lot size
    0.35 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Lisa Stanley

    Listing agent Kevin Partington License #CA 01291261

    Listing office Cushman & Wakefield | Sacramento

    Listing date Jul 1, 2024

    Source Moodyscre

    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 Cushman & Wakefield | Sacramento

    HighLights

    • Building Size: 4,530 SF
    • Sale Price: $2,038,500 USD
    • Price Per Unit: $450.00 / USD

    Overview

    This is a 4,530 square foot office building located in Granite Bay, California. The sale price is $2,038,500.

    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 $160.9k $35.52
    − Vacancy −$22.8k −$5.04
    EGI $138.1k $30.48
    − OpEx −$34.5k −$7.62
    NOI $103.5k $22.86
    4,530 SF · lease $35.52/SF/yr · vacancy 14.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.48M
    $1.29M – $1.73M (±1% cap)
    NOI $103,543 @ 7.0% cap · market cap 5.08%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.75M
    $1.53M – $2.05M (±1% cap)
    NOI $122,759 @ 7.0% cap · market cap 6.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Granite Bay
    County
    Placer
    State
    California
    Longitude
    -121.199
    Latitude
    38.7453

    FAQs

    What type of property is this?
    Office building - 4,530 SF office building for sale in Granite Bay.
    Where is this office building located?
    The property is located at 8515 Berg St Granite Bay, CA.
    What is the asking price?
    The asking price for this property is $2,038,500.
    What are key features of this property?
    This property features: Building Size: 4,530 SF; Sale Price: $2,038,500 USD; Price Per Unit: $450.00 / USD
    (916) 288-4800 Call to check price and availability
    More about this property
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