Listing Agency: CBRE | Sacramento

Listed By: Patrick Stelmach · License #01964999 Show Phone

Source: Cbre

Added: Apr 15 Changed: Oct 10 Last Checked: Oct 12 at 4:38PM

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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 / Yr

$16,551

Cap Rate

3.01%

Suggested Prices Based on Cap Rates

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

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 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 (±1% cap)

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 (±1% cap)

NOI $23,659 @ 7.0% cap · market cap 4.30%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Pet Grooming Service Butcher Tech Support Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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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