Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    160-180 Promenade Cir Sacramento, CA 95834

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail and office spaces with freeway visibility, ample parking, and amenities.

    We can help!

    Listing Contact
    Matt Heacox
    Source: Nmrk

    Listing Agent: Matt Heacox

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

    Learn more

    Overview

    Freeway Visible Retail/Office Space

    This building offers high visibility from the freeway, along with signage opportunities and immediate freeway access. The location is convenient to numerous retail venues within walking distance or a half-mile radius. Tenants have access to complimentary parking, shower amenities, and locker facilities. A new gym is planned for the building.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.500713
    Latitude
    38.6365952

    Nearby Similar for Lease

    • $4 SF/Yr
      840 SF

      Midtown Sacramento Retail Space Available

      Prime retail spaces in the heart of Midtown Sacramento.
      1827 J St, Sacramento, CA 95811
      View Details
    • $4 SF/Yr
      840 SF

      Mixed-Use Development Retail Space

      Retail space available in a vibrant mixed-use development.
      1701 R St, Sacramento, CA 95811
      View Details
    • $2 SF/Yr
      750 SF

      Landmark Office Building in Sacramento

      Renovated office building near California State Capitol.
      1130 K St, Sacramento, CA 95814
      View Details
    • Contact for pricing
      2,620 SF

      Prime Retail Space in Midtown

      Ground floor retail space in a high-traffic government building.
      1515 S St, Sacramento, CA 95811
      View Details
    • $2.00 SF/Yr
      1,500 SF

      Turnkey Restaurant Space in Sacramento

      Rare, strategically located restaurant space in downtown Sacramento's Capital Plaza.
      1019-1023 9Th St, Sacramento, CA 95814
      View Details
    • $3 SF/Yr
      4,620 SF

      Premier Office Space in Sacramento

      Full floor suite with Capitol Mall and DOCO views.
      555 Capitol Mall, Sacramento, CA 95814
      View Details
    • Contact for pricing

      Sacramento Flex Space Available

      Flexible office and warehouse space in a professional business environment.
      251 Opportunity Dr, Sacramento, CA 95838
      View Details
    • $3 SF/Yr
      1,892 SF

      Midtown Retail/Restaurant Space Available

      Prime retail/restaurant space in a vibrant mixed-use building.
      1020 16Th St, Sacramento, CA 95814
      View Details
    • Contact for pricing

      Prime Midtown Sacramento Office Space

      Modern office space in a central, high-visibility Midtown location.
      1330 21St St, Sacramento, CA 95811
      View Details
    • Contact for pricing

      Versatile Space in Prime Location

      Modern flex/industrial/office/retail space with parking near transportation and amenities.
      1817 8Th St, Sacramento, CA 95811
      View Details
    • Contact for pricing

      Prime Sacramento Commercial Office Space

      Modern office spaces with high visibility and excellent highway accessibility.
      Sacramento, CA 95833
      View Details
    • Contact for pricing
      3,977 SF

      Unique Sacramento Office Space

      Class A office space with recreational amenities near Highway 50.
      3321 Power Inn Rd, Sacramento, CA 95826
      View Details

    FAQs

    What type of property is this?
    Office space - Retail and office spaces with freeway visibility, ample parking, and amenities.
    Where is this office space located?
    The property is located at 160-180 Promenade Cir Sacramento, CA.
    What are key features of this property?
    This property features: - Outstanding freeway visibility and signage options.; - Immediate freeway access.; - Ample complimentary parking for you and your clients.
    (916) 569-2314
    Request Owner's contact information
    160-180 Promenade Cir Sacramento, CA 95834
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    160-180 Promenade Cir
    Sacramento, CA 95834
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    160-180 Promenade Cir Sacramento, CA 95834
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matt Heacox
    Real Estate License ID: CalDRE #01451720
    (916) 569-2314
    Learn more
    Google sign-in failed. Please try again or use another login method.