Renovated Commercial Building in
For Sale
$550,000
126 Grove Street, Roseville, CA 95678
Updated 1,228 SF commercial building with tenant in place.
Property Size1,228 SF
Lot Size0.09 Acres
Price / SF$447.88
Days on Market135
Property Features for 126 Grove Street
General Information
Standard status
Active
Size
1,228 SF
Lot size
0.09 Acres
Property subtype
Office
Listing Agency:
CBRE - Sacramento
(916) 446-8200
Listed By:
Patrick Stelmach · License #01964999
(916) 446-8200
Source:
Cbre
Added: Apr 15
Changed: Aug 23
Last Checked: Aug 26 at 5:31AM
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 - Sacramento
Investment Insights
Based on property information with market context.
The property at 126 Grove Street is a renovated commercial building located in Old Town Roseville. Originally built in 1920 as a single-family residence, the 1,228 SF building has been updated for modern office and commercial use while retaining the historic neighborhood's character. The property is situated on a 4,032 SF parcel. The interior includes six rooms, featuring three bedroom-sized offices, two bathrooms, and a full kitchen. This layout is suitable for office, professional services, or small-scale commercial purposes. Additional features include a large, fully paved backyard with a children's playground, a garden area, and a detached storage garage for on-site storage. The property is currently occupied by an established commercial tenant, Mrs. Z's Busy Bees, an early childhood learning education center. The property is located near Old Town Pizza and Vernon Street restaurants, coffee shops, and nightlife.
Key Highlights
- Rare freestanding commercial building in the heart of Old Town Roseville
- In‑place commercial tenant provides immediate income
- Thoughtfully updated 1,228 SF building for modern use while preserving historic charm
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
$16,551
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
3.01%
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%
$331,020
$331.0K
Cap Rate 7%
$236,443
$236.4K
Cap Rate 9%
$183,900
$183.9K
Market Conditions
NOI Build-Up for 1,228 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
$26.5K $21.60/SF
− Vacancy
−$4.5K −$3.63/SF
EGI
$22.1K $17.97/SF
− OpEx
−$5.5K −$4.49/SF
NOI
$16.6K $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%
$331,020
Cap Rate 7%
$236,443
Cap Rate 9%
$183,900
Alternative Uses
Best Use
Office B
$236.4K
$206.9K – $275.9K
NOI $16,551 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.0K
$295.7K – $394.3K
NOI $23,659 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,306
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Updated 1,228 SF commercial building with tenant in place.
Where is this office building located?
The property is located at 126 Grove Street Roseville, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Rare freestanding commercial building in the heart of Old Town Roseville; In‑place commercial tenant provides immediate income; Thoughtfully updated 1,228 SF building for modern use while preserving historic charm
