Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1001 K St Sacramento, CA 95814

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office, retail, and storage condominium in downtown Sacramento.

    Type:Office
    Property size:
    10,594 SF
    Added:
    Jan 27, 2026
    Days on Market:
    93
    Last Refresh:
    Apr 5 at 11:34 pm

    Property Features for 1001 K St

    General Information

    Standard status
    Active
    Size
    10,594 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Rich Ellsworth
    Rich Ellsworth

    Listing agent Rich Ellsworth License #CalDRE #00873637

    Listing office Newmark | Sacramento

    Listing date Jan 27, 2026

    Source Nmrk

    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 Newmark | Sacramento

    Overview

    Downtown Sacramento Mixed-Use Condominium

    This condominium in downtown Sacramento, Northern California, offers space for office, retail, and storage uses. The building's systems have been completely renovated, including new HVAC systems, electrical, plumbing, fire/life/safety features, elevator, and lobby. The property has a total area of approximately 10,594 rentable square feet. The first-floor space includes extensive high-end tenant improvements. An on-site security guard is present. The location is near various amenities, including many restaurants within walking distance and a nearby city parking garage. It is located minutes from DOCO and the Golden 1 Center, one block from the Capitol, and three blocks from the SAFE Credit Union Convention Center. Basement elevator service is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    California Chronic Care ... Physician California Young Republican ... Child Welfare Organization Smith Policy Group Consultant Ca Independent Petroleum ... Charitable Organization California Republican Party Advocacy Group

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.494
    Latitude
    38.5792

    Nearby Similar for Sale

    • $750,000
      3,612 SF

      Spruce Manor Multifamily Investment Opportunity

      Four-unit property near American River College with income potential.
      5519 Keoncrest Circle, Sacramento, CA 95841
      View Details
    • $750,000
      3,738 SF

      Rosemont Fourplex Investment Opportunity

      Fourplex in desirable Rosemont neighborhood, Sacramento. Close to amenities.
      2840 Norcade Cir, Sacramento, CA 95826
      View Details
    • $850,000
      2,555 SF

      Historic Victorian Office Building

      Historic Sacramento office building, potential for residence or multifamily conversion.
      2200 L ST, SACRAMENTO, CA 95816
      View Details
    • $475,000
      1,404 SF

      Sacramento Duplex with Rental Income

      Income-producing duplex in Sacramento's East Del Paso Heights neighborhood.
      1852 Grand AVE, SACRAMENTO, CA 95838
      View Details
    • $1,225,000
      5,502 SF

      SACRAMENTO Multifamily Residential Property

      Multifamily residential property for sale in SACRAMENTO, CA.
      2408 Empress ST, SACRAMENTO, CA 95815
      View Details
    • $875,000
      3,008 SF

      North Oak Park Fourplex Opportunity

      Fourplex in North Oak Park, Sacramento, with strong rental potential.
      3208 2nd Ave, Sacramento, CA 95817
      View Details
    • $650,000
      3,224 SF

      Two-Story Commercial Building in Curtis Park

      Two-story commercial building with office and retail space.
      2724 24th Street, Sacramento, CA, 95818
      View Details
    • $6,841,000
      14,257 SF

      Sacramento Retail Asset in TowneCentre

      Multi-tenant retail asset in a high-visibility Sacramento location.
      6005 Florin Rd, Sacramento, CA 95823
      View Details
    • $1,330,000
      7,095 SF

      Industrial Building Near Highway 99

      7,095 SF industrial building with freeway access and gated yard.
      3722 W Pacific Ave, Sacramento, CA 95820
      View Details
    • $1,399,000
      5,320 SF

      East Sacramento Multi-Story Office Building

      Income-producing office building in a sought-after urban neighborhood.
      722 Alhambra, Sacramento, CA 95816
      View Details
    • $699,000
      2,782 SF

      Sacramento Multi-Family Investment Opportunity

      Multi-family property with 6 bedrooms, 3 baths, and 3 kitchens.
      3135 Academy Way, Sacramento, CA 95815
      View Details
    • $795,000
      6,096 SF

      Sacramento Office Building For Sale

      6,096 SF office building in Sacramento near retail amenities.
      701 Howe Ave, Sacramento, CA
      View Details

    FAQs

    What type of property is this?
    Office units - Office, retail, and storage condominium in downtown Sacramento.
    Where is this office units located?
    The property is located at 1001 K St Sacramento, CA.
    What are key features of this property?
    This property features: Completely renovated building systems including HVAC, electrical, plumbing, fire/life/safety, elevator, lobby.; Prime Downtown Sacramento location: just 1 block from the Capitol, and minutes from DOCO & Golden 1 Center.; Features ±10,594 RSF of office, retail, and storage space.
    (916) 569-2343
    We can help!
    Listing Contact
    Rich Ellsworth
    Rich Ellsworth
    Real Estate License ID: CalDRE #00873637
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!