Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Story Auburn Office Building Title is generated by Realmo AI

    500 Auburn Folsom Road, Auburn, CA 95603

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

    Two-story office building built in 2007, fully leased.

    Type:Office
    Property size:
    17,654 SF
    Added:
    Mar 25, 2026
    Days on Market:
    48
    Last Refresh:
    Mar 18 at 9:36 am

    Property Features for 500 Auburn Folsom Road

    General Information

    Standard status
    Active
    Size
    17,654 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Shana Lennon

    Listing agent Shana Lennon License #01446203

    Listing office CBRE | Roseville

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | Roseville

    HighLights

    • Fully leased, providing immediate income.
    • Centrally located with easy access to both Interstate 80 and Highway 49.
    • Fully improved with high‑end tenant improvements.
    • Recognized as a signature property within the City of Auburn.
    • Located within close proximity to retail.
    • Built in 2007.

    Overview

    This two-story office building, constructed in 2007, is recognized as a signature property within the City of Auburn. The property is located on Auburn-Folsom Road, near the Gold Country Fairgrounds, offering a central location with convenient access to both Interstate 80 and Highway 49. The building features fully improved high-end tenant improvements and is currently fully leased. The property size is 17654 square feet and is located within close proximity to retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Shiva Salehi Dental Office Michael Kent Murphy ... Architect Ryan Rivera Mortgage ... Loan Service the messina team Real Estate Agency AUBURN BLUFF ESTATES Condominium Complex

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Placer
    State
    California
    Longitude
    -121.0776626
    Latitude
    38.8889834

    Nearby Similar for Sale

    • $184,000
      1,571 SF

      Hangar at Auburn Municipal Airport

      Hangar with parking, power, and generator at Auburn Airport.
      Hangar #75 New Airport RD, AUBURN, CA 95602
      View Details
    • $865,000

      Prime Commercial Property in Auburn

      Commercial property in Auburn, CA, with ample parking.
      1111 High Street, Auburn, CA, 95603
      View Details
    • $2,295,000
      2,980 SF

      Retail Investment Opportunity in Auburn

      Two-tenant retail property with Starbucks in Auburn, California.
      10005-07 Combie Rd, Auburn, CA 95602
      View Details
    • $8,200,000
      31,246 SF

      Fully Leased Auburn Office Building

      Two-story, 31,246 SF Class A office building for sale.
      470 Nevada Street, Auburn, CA, 95603
      View Details
    • $630,450
      2,802 SF

      Commercial Property in Auburn, CA

      Commercial property in Auburn with high visibility and traffic flow.
      13620 Lincoln Way, Ste. 320, Auburn, CA 95603
      View Details
    • $850,000
      3,642 SF

      Retail/Office Buildings with Yard

      Two buildings with yard area, potential for owner-user or auto sales.
      4026-4044 Grass Valley Hwy, Auburn, CA 95602
      View Details
    • $347,000

      Commercial Property in Auburn, CA

      Commercial property for sale in Auburn, California.
      201 Sacramento Street, Auburn, CA 95603
      View Details
    • $3,418,803
      978 SF

      7-Eleven NNN Lease Opportunity

      NNN leased 7-Eleven with fuel, corporate guaranty, and freeway access.
      401 Grass Valley Hwy, Auburn, CA
      View Details
    • $2,295,000
      2,980 SF

      Auburn Retail Investment Opportunity

      Net leased investment property with Starbucks and El Agave.
      10005 Combie Rd, Auburn, CA 95602
      View Details
    • $7,750,000
      42,440 SF

      Fully Leased Industrial Investment Property

      Fully leased industrial park near Hwy 49, completed in 2024.
      12335 Locksley Ln, Auburn, CA 95602
      View Details
    • $649,000
      2,800 SF

      Downtown Auburn Commercial Space For Sale

      Prime commercial space in Downtown Auburn with high visibility.
      839 Lincoln Way, Auburn, CA, 95603
      View Details
    • $650,000

      Auburn Flex/Industrial Space For Sale

      Flex/Industrial property available for purchase in Auburn, California.
      387 Nevada St, Auburn, CA
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office building built in 2007, fully leased.
    Where is this office building located?
    The property is located at 500 Auburn Folsom Road Auburn, CA.
    What are key features of this property?
    This property features: Fully leased, providing immediate income.; Centrally located with easy access to both Interstate 80 and Highway 49.; Fully improved with high‑end tenant improvements.
    (916) 781-4868
    We can help!
    Listing Contact
    Shana Lennon
    Real Estate License ID: 01446203
    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

    Thank You for Inquiry
    500 Auburn Folsom Road, Auburn, CA, 95603
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!