Office Condo with Vaulted
For Sale
Contact for pricing
2140 Professional Dr, Roseville, CA 95661
Owner-user office condos in a building with a vaulted atrium, updated restrooms, and ample on-site parking.
Property Size1,589 SF
Price / SF$320
Days on Market525
Property Features for 2140 Professional Dr
General Information
Standard status
Active
Size
1,589 SF
Property subtype
OFFICE
Listing Agency:
Gallelli Real Estate
(916) 772-1700
Listed By:
Robb Osborne · License #01398696
(916) 770-9151
Source:
Moodyscre
Added: Apr 10, 2025
Changed: Sep 7
Last Checked: Sep 15 at 10:27AM
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 Gallelli Real Estate
Investment Insights
Based on property information with market context.
Proposed office condos offer owner-user purchasing in a professional building with a vaulted atrium designed to bring in natural light. The common area lobby is attractive and the restrooms are updated, supporting day-to-day client and employee use. Exterior grounds include bright landscaping, shaded covered walkways, and multiple outdoor seating areas.
The property is recognizable and accessible from either Rocky Ridge Drive or Eureka Road, which are major regional thoroughfares. The center also provides ample parking for general office use, with walkable proximity to Rocky Ridge Town Center, TJ Maxx Plaza, and the Roseville Center for retail and dining options for clients and staff.
Overall, the project is suited for owner-users seeking dedicated office condo space within a well-maintained, amenity-oriented office environment.
The property is recognizable and accessible from either Rocky Ridge Drive or Eureka Road, which are major regional thoroughfares. The center also provides ample parking for general office use, with walkable proximity to Rocky Ridge Town Center, TJ Maxx Plaza, and the Roseville Center for retail and dining options for clients and staff.
Overall, the project is suited for owner-users seeking dedicated office condo space within a well-maintained, amenity-oriented office environment.
Key Highlights
- Owner‑user office condo units in a building with a vaulted atrium and updated restrooms
- Property is accessible from either Rocky Ridge Drive or Eureka Road, major regional thoroughfares
- Vaulted atrium and common area lobby provide bright interior spaces
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
$21,417
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
4.21%
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%
$428,340
$428.3K
Cap Rate 7%
$305,957
$306.0K
Cap Rate 9%
$237,967
$238.0K
Market Conditions
NOI Build-Up for 1,589 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
$34.3K $21.60/SF
− Vacancy
−$5.8K −$3.63/SF
EGI
$28.6K $17.97/SF
− OpEx
−$7.1K −$4.49/SF
NOI
$21.4K $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%
$428,340
Cap Rate 7%
$305,957
Cap Rate 9%
$237,967
Alternative Uses
Best Use
Office B
$306.0K
$267.7K – $357.0K
NOI $21,417 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$437.3K
$382.7K – $510.2K
NOI $30,614 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,772
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
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Owner-user office condos in a building with a vaulted atrium, updated restrooms, and ample on-site parking.
Where is this office units located?
The property is located at 2140 Professional Dr Roseville, CA.
What is the asking price?
The asking price for this property is $508,480.
What are key features of this property?
This property features: Owner‑user office condo units in a building with a vaulted atrium and updated restrooms; Property is accessible from either Rocky Ridge Drive or Eureka Road, major regional thoroughfares; Vaulted atrium and common area lobby provide bright interior spaces
