First-Floor Office
For Sale
Contact for pricing
1231 I Street #100, Sacramento, CA 95814
C-2-SPD General Commercial office ownership opportunity with private rooms, meeting space, reception, and open work areas.
Property Size2,318 SF
Price / SF$366.70
Days on Market51
Property Features for 1231 I Street #100
General Information
Standard status
Active
Size
2,318 SF
Net Rentable
2,318 SF
Property subtype
Office
Zoning
General Commercial (C-2-SPD)
Investment Type
Owner/User
Additional Details
Floor
1
Office Units
1
Building Details
Year Built
2006
Year Renovated
2013
Buildings
1
Stories
1
Units
15
Tenancy
Single
Construction
I beam
Owner Occupied
No
Listing Agency:
Turton Commercial Real Estate
Listed By:
David Khedry · License #02063469
(916) 474-5024
Source:
Crexi
Added: Aug 18
Changed: Sep 29
Last Checked: Oct 5 at 5:19PM
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 Turton Commercial Real Estate
Investment Insights
Based on property information with market context.
This first-floor office condominium contains approximately 2,318 rentable square feet within a professionally managed building completed in 2006. The layout includes six private offices, a general office, conference room, reception area, break area, and open workspace. West-facing exposure, extensive window line, and views toward the Downtown and Capitol Mall skyline add natural light and visibility to the suite. The property is suitable for an owner-occupant or can be leased for office use.
The building includes 15 separate office condominiums, with occupants that include associations, law firms, and lobbying firms. Its Downtown Sacramento Central Business District setting places it approximately three blocks from the California State Capitol, three blocks from City Hall, and four blocks from the Gordon Schaber Courthouse. The Sheraton Grand Parking Garage is directly across the street, while the Memorial Garage is one block away. Zoning is C-2-SPD General Commercial.
The building includes 15 separate office condominiums, with occupants that include associations, law firms, and lobbying firms. Its Downtown Sacramento Central Business District setting places it approximately three blocks from the California State Capitol, three blocks from City Hall, and four blocks from the Gordon Schaber Courthouse. The Sheraton Grand Parking Garage is directly across the street, while the Memorial Garage is one block away. Zoning is C-2-SPD General Commercial.
Key Highlights
- Approximately 2,318 rentable square feet on the first floor
- Six private offices plus a general office, conference room, reception, break area, and open space
- West‑facing exposure with views of the Downtown and Capitol Mall skyline
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,581
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,620
$631.6K
Cap Rate 7%
$451,157
$451.2K
Cap Rate 9%
$350,900
$350.9K
Market Conditions
NOI Build-Up for 2,318 SF
Gross rent
$50.1K $21.60/SF
− Vacancy
−$8.0K −$3.43/SF
EGI
$42.1K $18.17/SF
− OpEx
−$10.5K −$4.54/SF
NOI
$31.6K $13.62/SF
Area
Sacramento, CA
Vacancy
15.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,620
Cap Rate 7%
$451,157
Cap Rate 9%
$350,900
Alternative Uses
Best Use
Office B
$451.2K
$394.8K – $526.4K
NOI $31,581 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$622.9K
$545.0K – $726.7K
NOI $43,602 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
6,803
Businesses Nearby
Explore this area
Business Placement
Demographics for 95814, CA
12,208
Population
7,972
Households
1.5
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
8,720
Density / Sq Mi
$46,637
Median Household Income
$57,500
Median Earnings
$1,226
Median Rent
$621,400
Median Home Value
Market
Vacancy Rate% for Office in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - C-2-SPD General Commercial office ownership opportunity with private rooms, meeting space, reception, and open work areas.
Where is this office units located?
The property is located at 1231 I Street #100 Sacramento, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 2,318 rentable square feet on the first floor; Six private offices plus a general office, conference room, reception, break area, and open space; West‑facing exposure with views of the Downtown and Capitol Mall skyline
