Office Condominium Units with Free
For Sale
Contact for pricing
720 Sunrise Ave, Roseville, CA 95661
Office condominium units in a business professional zone, recently remodeled exterior, with abundant free parking and easy access.
Property Size2,316 SF
Price / SF$350
Days on Market971
Property Features for 720 Sunrise Ave
General Information
Standard status
Active
Size
2,316 SF
Property subtype
OFFICE
Zoning
business professional
Site & Location
Neighborhood
Hillcrest
Highway Access
Yes
Public Transit
Yes
Listing Agency:
CBRE | Roseville
(916) 781-2400
Listed By:
Kevin Larscheid · License #CA 00816790
(916) 781-4818
Source:
Moodyscre
Added: Mar 5, 2024
Changed: Oct 25
Last Checked: Oct 30 at 4:10PM
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.
This offering consists of office condominium units totaling 2,316 SF. The property has a recently remodeled exterior across all buildings, complemented by mature and refreshed landscaping designed to support an inviting workplace setting. The site also provides abundant free parking for occupants and visitors.
The property is zoned business professional and is described as allowing uses such as office, medical, dental, and personal services, with some commercial/retail possible. The location is positioned for convenient access to shopping, dining, public transportation, and the freeway.
For eligible buyers, SBA financing may be available at 90% loan-to-value, providing an additional pathway to acquisition or tenancy planning.
The property is zoned business professional and is described as allowing uses such as office, medical, dental, and personal services, with some commercial/retail possible. The location is positioned for convenient access to shopping, dining, public transportation, and the freeway.
For eligible buyers, SBA financing may be available at 90% loan-to-value, providing an additional pathway to acquisition or tenancy planning.
Key Highlights
- 2,316 SF office condominium units
- Zoned business professional with office, medical, dental, and personal services permitted
- Recently remodeled exterior of all buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,516
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,320
$630.3K
Cap Rate 7%
$450,229
$450.2K
Cap Rate 9%
$350,178
$350.2K
Market Conditions
NOI Build-Up for 2,316 SF
Gross rent
$58.4K $25.20/SF
− Vacancy
−$5.8K −$2.52/SF
EGI
$52.5K $22.68/SF
− OpEx
−$21.0K −$9.07/SF
NOI
$31.5K $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%
$630,320
Cap Rate 7%
$450,229
Cap Rate 9%
$350,178
Alternative Uses
Best Use
Healthcare Medical
$450.2K
$394.0K – $525.3K
NOI $31,516 @ 7.0% cap · market cap 3.89%
Second Best
Office B
$445.9K
$390.2K – $520.3K
NOI $31,216 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$637.4K
$557.8K – $743.7K
NOI $44,620 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
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
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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 - Office condominium units in a business professional zone, recently remodeled exterior, with abundant free parking and easy access.
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 $810,600.
What are key features of this property?
This property features: 2,316 SF office condominium units; Zoned business professional with office, medical, dental, and personal services permitted; Recently remodeled exterior of all buildings
