Remodeled Office Condominium
For Sale
Contact for pricing
720 Sunrise Ave, Roseville, CA 95661
Small office condominium units offer business-professional zoning, recently remodeled exterior, and abundant free parking.
Property Size1,111 SF
Price / SF$289.83
Days on Market966
Property Features for 720 Sunrise Ave
General Information
Standard status
Active
Size
1,111 SF
Property subtype
OFFICE
Zoning
business professional
Site & Location
Neighborhood
Hillcrest
Amenities
free parking
mature landscaping
refreshed landscaping
easy access to shopping
dining
public transportation
freeway
Listing Agency:
CBRE | Roseville
(916) 781-2400
Listed By:
Kevin Larscheid · License #00816790
(916) 781-4818
Source:
Moodyscre
Added: Mar 5, 2024
Changed: Oct 25
Last Checked: Oct 26 at 7:05PM
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
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Investment Insights
Based on property information with market context.
Located at 720 Sunrise Ave, Roseville, this property offers small, quality condominium units available for sale or lease. The exterior of all buildings has been recently remodeled, and the mature, refreshed landscaping supports an inviting work environment.
The property is zoned business professional, with listed potential uses including office and medical, as well as dental and personal services, and some commercial/retail possible. Tenants and visitors benefit from abundant free parking and easy access to shopping, dining, public transportation, and the freeway.
Financing may be available with SBA terms noted at up to 90% loan-to-value, providing an additional option for qualified buyers.
The property is zoned business professional, with listed potential uses including office and medical, as well as dental and personal services, and some commercial/retail possible. Tenants and visitors benefit from abundant free parking and easy access to shopping, dining, public transportation, and the freeway.
Financing may be available with SBA terms noted at up to 90% loan-to-value, providing an additional option for qualified buyers.
Key Highlights
- Small office condominium units for sale or lease with business‑professional zoning
- Zoned for Office, Medical, Dental, Personal Services, and some commercial/retail uses
- Recently remodeled exterior of all buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,118
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,360
$302.4K
Cap Rate 7%
$215,971
$216.0K
Cap Rate 9%
$167,978
$168.0K
Market Conditions
NOI Build-Up for 1,111 SF
Gross rent
$28.0K $25.20/SF
− Vacancy
−$2.8K −$2.52/SF
EGI
$25.2K $22.68/SF
− OpEx
−$10.1K −$9.07/SF
NOI
$15.1K $13.61/SF
Area
Roseville, CA
Vacancy
10.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,360
Cap Rate 7%
$215,971
Cap Rate 9%
$167,978
Alternative Uses
Best Use
Healthcare Medical
$216.0K
$189.0K – $252.0K
NOI $15,118 @ 7.0% cap · market cap 4.70%
Second Best
Office B
$213.9K
$187.2K – $249.6K
NOI $14,975 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$305.8K
$267.6K – $356.8K
NOI $21,405 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
Explore this area
Business Placement
Demographics for 95661, CA
32,847
Population
13,832
Households
2.4
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,650
Density / Sq Mi
$103,745
Median Household Income
$62,760
Median Earnings
$1,930
Median Rent
$667,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Small office condominium units offer business-professional zoning, recently remodeled exterior, and abundant free parking.
Where is this office unit located?
The property is located at 720 Sunrise Ave Roseville, CA.
What is the asking price?
The asking price for this property is $322,000.
What are key features of this property?
This property features: Small office condominium units for sale or lease with business‑professional zoning; Zoned for Office, Medical, Dental, Personal Services, and some commercial/retail uses; Recently remodeled exterior of all buildings
