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Professional Office Building
New
For Sale
$680,000

1285 High Street, Auburn, CA 95603

The building is occupied by multiple tenants and carries OB/R-3 zoning.

Property Size2,056 SF
Price / SF$330.74
Days on Market5

Property Features for 1285 High Street

General Information

Standard status Active
Size 2,056 SF
Property subtype Commercial
Zoning OB/R-3
Occupancy 100%

Building Details

Building Size 2,056 SF
Year Built 1939
Tenancy Multi
Listing Agency: Busy Bee Realty
Listed By: Caprice Briski-Butzler
Source: Busybee
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:27PM

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 Busy Bee Realty

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Investment Insights

Based on property information with market context.

This 2,056-square-foot professional office building was constructed in 1939 and is currently occupied by multiple tenants. The property is zoned OB/R-3.

Located at 1285 High Street in Auburn, California, the building offers an office asset in a central city setting.

Key Highlights

  • 2,056‑square‑foot professional office building
  • Built in 1939
  • Currently occupied by multiple tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,994
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,880 $939.9K
Cap Rate 7%
$671,343 $671.3K
Cap Rate 9%
$522,156 $522.2K
Market Conditions
NOI Build-Up for 2,056 SF
Gross rent
$73.0K $35.52/SF
− Vacancy
−$10.4K −$5.04/SF
EGI
$62.7K $30.48/SF
− OpEx
−$15.7K −$7.62/SF
NOI
$47.0K $22.86/SF
Area
Placer County, CA
Vacancy
14.20%
Lease Rate
$35.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,880
Cap Rate 7%
$671,343
Cap Rate 9%
$522,156

Alternative Uses

Best Use
Office B
$671.3K
$587.4K – $783.2K (±1% cap)
NOI $46,994 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$795.9K
$696.5K – $928.6K (±1% cap)
NOI $55,716 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Mike Phillips, Lifestyle ... Real Estate Agency Rainier Concrete Inc Construction Company Summit Family Medicine Medical Clinic Mendez & Clark Law Firm Magnetech Engineering Services, ... Engineering Consultant

Suggested Use

Top Pick Furniture & Home Goods Locksmith Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Electrical Service

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,341
Businesses Nearby

Demographics for 95603, CA

28,021
Population
12,538
Households
2.2
Avg Household Size
49
Median Age
33%
College-Educated
92%
High-School Grad
35.8 sq mi
ZIP Area
783
Density / Sq Mi
$80,851
Median Household Income
$44,207
Median Earnings
$1,451
Median Rent
$613,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - The building is occupied by multiple tenants and carries OB/R-3 zoning.
Where is this office building located?
The property is located at 1285 High Street Auburn, CA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 2,056‑square‑foot professional office building; Built in 1939; Currently occupied by multiple tenants
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