Two-Story Multi-Tenant Office
For Sale
Contact for pricing
1613 Santa Clara Dr, Roseville, CA 95661
Two-story multi-tenant office building offering office, medical, or dental use with on-site parking.
Property Size8,210 SF
Price / SF$250
Days on Market218
Property Features for 1613 Santa Clara Dr
General Information
Standard status
Active
Size
8,210 SF
Property subtype
OFFICE
Listing Agency:
CBRE | Roseville
(916) 781-2400
Listed By:
Kevin Larscheid · License #00816790
(916) 781-4818
Source:
Moodyscre
Added: Feb 6
Changed: Sep 11
Last Checked: Sep 12 at 7:06AM
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
Investment Insights
Based on property information with market context.
This two-story commercial building totals approximately 8,210 square feet and is configured as a multi-tenant layout. The property is identified for office use with flexibility noted for medical or dental uses. Built in 1991, the building includes on-site parking at approximately 5 spaces per 1,000 square feet.
The asset sits on an approximately 0.73-acre lot in Placer County. The offering is for sale.
With its multi-tenant configuration and established parking ratio, the building is positioned for professional uses where a shared office setup and dedicated parking are important.
The asset sits on an approximately 0.73-acre lot in Placer County. The offering is for sale.
With its multi-tenant configuration and established parking ratio, the building is positioned for professional uses where a shared office setup and dedicated parking are important.
Key Highlights
- Multi‑tenant two‑story building with ±8,210 SF designed for office, medical, or dental use
- ±0.73‑acre lot with a multi‑tenant layout
- Built in 1991
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
$111,722
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
5.44%
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%
$2,234,440
$2.2M
Cap Rate 7%
$1,596,029
$1.6M
Cap Rate 9%
$1,241,356
$1.2M
Market Conditions
NOI Build-Up for 8,210 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
$206.9K $25.20/SF
− Vacancy
−$20.7K −$2.52/SF
EGI
$186.2K $22.68/SF
− OpEx
−$74.5K −$9.07/SF
NOI
$111.7K $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 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%
$2,234,440
Cap Rate 7%
$1,596,029
Cap Rate 9%
$1,241,356
Alternative Uses
Best Use
Healthcare Medical
$1.60M
$1.40M – $1.86M
NOI $111,722 @ 7.0% cap · market cap 5.44%
Second Best
Office B
$1.58M
$1.38M – $1.84M
NOI $110,658 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,174 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,689
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
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Frequently Asked Questions
What type of property is this?
Office building - Two-story multi-tenant office building offering office, medical, or dental use with on-site parking.
Where is this office building located?
The property is located at 1613 Santa Clara Dr Roseville, CA.
What is the asking price?
The asking price for this property is $2,052,500.
What are key features of this property?
This property features: Multi‑tenant two‑story building with ±8,210 SF designed for office, medical, or dental use; ±0.73‑acre lot with a multi‑tenant layout; Built in 1991
