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Ground-Floor Office Condo
For Sale
$549,000

120-193 Blue Ravine Rd, Folsom, CA 95630

A fully leased professional office suite offers established tenancy through June 2028.

Property SizeContact for details
Days on Market70

Property Features for 120-193 Blue Ravine Rd

General Information

Standard status Active
Occupancy 100%
Net Operating Income $28,186

Financials

Asking Price $549,000
Cap Rate 6%
Gross Income $44,472

Additional Details

Floor Ground Floor

Amenities

mature landscaping
large windows for natural light

Building Details

Tenancy Single
Owner Occupied No
Listing Agency: Exp Commercial of California, Inc.
Listed By: Corey McKinney · License #02081613
Source: Exprealty
Added: Jun 16 Changed: Aug 20 Last Checked: Aug 24 at 12:11PM

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 Exp Commercial of California, Inc.

Investment Insights

Based on property information with market context.

This ground-floor office condo is fully leased to an established tenant that has occupied the space for over 13 years. The lease runs through June 2028 and includes 3% annual rent increases. The property has a modern professional design, large windows that provide natural light, mature landscaping, and on-site parking.

Located in Folsom, the condo is near major roads, shopping, and services. It is part of a professionally managed complex, with most maintenance costs covered through the HOA. The property carries a 6.0% cap rate and offers a defined lease term with scheduled annual increases.

Key Highlights

  • Ground‑floor office condo with a fully leased suite
  • Tenant occupancy has continued for over 13 years
  • Lease secured through June 2028 with 3% annual rent increases

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Dental Office HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,362
Businesses Nearby

Demographics for 95630, CA

74,787
Population
30,106
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
97%
High-School Grad
26.2 sq mi
ZIP Area
2,854
Density / Sq Mi
$139,182
Median Household Income
$74,786
Median Earnings
$2,280
Median Rent
$702,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - A fully leased professional office suite offers established tenancy through June 2028.
Where is this office units located?
The property is located at 120-193 Blue Ravine Rd Folsom, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Ground‑floor office condo with a fully leased suite; Tenant occupancy has continued for over 13 years; Lease secured through June 2028 with 3% annual rent increases
More about this property
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