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Office Condominium with Open Workspace
For Sale
$535,000

1358 Blue Oaks blvd 200, Roseville, CA 95747

Flexible suite combines private rooms with open workspace, support areas, and dedicated storage.

Property Size1,707 SF
Price / SF$313.42
Days on Market9

Property Features for 1358 Blue Oaks blvd 200

General Information

Standard status Active
Size 1,707 SF
Class Class A
Property subtype Office

Building Details

Building Size 1,707 SF
Year Built 2001
Listing Agency: Engel & Volkers Roseville
Listed By: Bilal Sadek · License #00970296
Source: Teamnavigate
Added: Aug 13 Changed: Aug 21 Last Checked: Aug 21 at 5:37AM

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 Engel & Volkers Roseville

Investment Insights

Based on property information with market context.

This 1,707-square-foot office condominium, built in 2001, offers a practical mix of enclosed and open work areas. The interior includes three private offices, two restrooms, a break room, dedicated storage, and an expansive bullpen area for shared workstations or team collaboration. The configuration supports a professional business seeking both individual offices and communal workspace within one suite.

Located at 1358 Blue Oaks Blvd., Suite 200, the property provides a defined office setting for businesses that need a combination of private rooms and flexible operating space. Its layout can accommodate established operations or a growing professional team while maintaining separate support areas for everyday use.

Key Highlights

  • 1,707‑square‑foot office condominium
  • Three private offices and an open bullpen/work area
  • Two restrooms, break room, and dedicated storage

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
$23,008
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
4.30%
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%
$460,160 $460.2K
Cap Rate 7%
$328,686 $328.7K
Cap Rate 9%
$255,644 $255.6K
Market Conditions
NOI Build-Up for 1,707 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
$36.9K $21.60/SF
− Vacancy
−$6.2K −$3.63/SF
EGI
$30.7K $17.97/SF
− OpEx
−$7.7K −$4.49/SF
NOI
$23.0K $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%
$460,160
Cap Rate 7%
$328,686
Cap Rate 9%
$255,644

Alternative Uses

Best Use
Office B
$328.7K
$287.6K – $383.5K (±1% cap)
NOI $23,008 @ 7.0% cap · market cap 4.30%
Second Best
no second resolved use
Theoretical Best
Office A
$469.8K
$411.1K – $548.1K (±1% cap)
NOI $32,887 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Sequoia Pacific Builders Construction Company Pacific Autism Learning ... Daycare Center Coleman Engineering Engineer Final Stage Media ... Film Production

Suggested Use

Top Pick Auto Parts Store Pharmacy Parking Lot & Garage Grocery & Convenience Store Electrical Service HVAC 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.

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 95747, CA

75,019
Population
29,457
Households
2.5
Avg Household Size
41
Median Age
47%
College-Educated
97%
High-School Grad
42.1 sq mi
ZIP Area
1,782
Density / Sq Mi
$133,595
Median Household Income
$76,627
Median Earnings
$2,184
Median Rent
$653,400
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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible suite combines private rooms with open workspace, support areas, and dedicated storage.
Where is this office units located?
The property is located at 1358 Blue Oaks blvd 200 Roseville, CA.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 1,707‑square‑foot office condominium; Three private offices and an open bullpen/work area; Two restrooms, break room, and dedicated storage
More about this property
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