Office Building with Greenbelt
For Sale
Contact for pricing
1209 Pleasant Grove Blvd, Roseville, CA 95678
12,000 sq. ft. office building in a small business park near Hwy 65, offering greenbelt views.
Property Size12,000 SF
Price / SF$355
Days on Market90
Property Features for 1209 Pleasant Grove Blvd
General Information
Standard status
Active
Size
12,000 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
TRI Commercial | Roseville
(916) 677-8000
Listed By:
Steve Park · License #01472232
(916) 792-1462
Source:
Moodyscre
Added: Jun 15
Changed: Sep 11
Last Checked: Sep 11 at 4:43AM
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 TRI Commercial | Roseville
Investment Insights
Based on property information with market context.
1209 Pleasant Grove Blvd is a 12,000-square-foot office building offered for sale. The property is located in a small business park and features greenbelt views.
The building is in close proximity to Hwy 65, providing convenient access for office users and visitors. A new owner has the ability to occupy a majority of the building while maintaining income in place.
This offering is best suited for buyers looking for an office property within a park setting, with the flexibility to take space for owner-occupancy while income remains in place.
The building is in close proximity to Hwy 65, providing convenient access for office users and visitors. A new owner has the ability to occupy a majority of the building while maintaining income in place.
This offering is best suited for buyers looking for an office property within a park setting, with the flexibility to take space for owner-occupancy while income remains in place.
Key Highlights
- ±12,000 sq. ft. office building for sale in a small business park near Hwy 65
- Close proximity to Hwy 65
- Greenbelt views
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$161,741
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,234,820
$3.2M
Cap Rate 7%
$2,310,586
$2.3M
Cap Rate 9%
$1,797,122
$1.8M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$259.2K $21.60/SF
− Vacancy
−$43.5K −$3.63/SF
EGI
$215.7K $17.97/SF
− OpEx
−$53.9K −$4.49/SF
NOI
$161.7K $13.48/SF
Area
Roseville, CA
Vacancy
16.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,234,820
Cap Rate 7%
$2,310,586
Cap Rate 9%
$1,797,122
Alternative Uses
Best Use
Office B
$2.31M
$2.02M – $2.70M
NOI $161,741 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.89M – $3.85M
NOI $231,193 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
Business Placement
Demographics for 95678, CA
45,136
Population
18,594
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$104,704
Median Household Income
$53,807
Median Earnings
$2,118
Median Rent
$534,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - 12,000 sq. ft. office building in a small business park near Hwy 65, offering greenbelt views.
Where is this office building located?
The property is located at 1209 Pleasant Grove Blvd Roseville, CA.
What is the asking price?
The asking price for this property is $4,260,000.
What are key features of this property?
This property features: ±12,000 sq. ft. office building for sale in a small business park near Hwy 65; Close proximity to Hwy 65; Greenbelt views
