Eureka Road Professional Office
For Sale
$699,000
1700 Eureka Road, Roseville, CA 95661
Flexible medical/office space in a desirable location with freeway access.
Property Size2,932 SF
Price / SF$238.40
Days on Market610
Property Features for 1700 Eureka Road
General Information
Standard status
Active
Size
2,932 SF
Property subtype
Office
Amenities
Central Air
3
Office Condo
Public.
Building Details
Year Built
1986
Listing Agency:
Brar Realty
7490967
Listed By:
Steve Brar · License #01443866
7490967
Source:
Xome
Added: Dec 28, 2024
Changed: Aug 12
Last Checked: Aug 29 at 7:54AM
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 Brar Realty
Investment Insights
Based on property information with market context.
Located in the Eureka Professional Center, this suite offers approximately 2,932 square feet of flexible medical or office space. This single-story office condominium features a functional layout including a spacious reception area and multiple exam or office rooms with plumbing. The suite also includes flex spaces. While currently improved for optometry use, the suite is in need of updating or remodeling, offering an opportunity for a new owner or tenant to customize the space. The suite currently utilizes a shared restroom located in the lobby, though there is potential to add a private restroom within the space. Situated on the corner of Eureka Road and Professional Drive with visibility and freeway access, the building features a shared lobby with other medical professionals, creating a collaborative and professional environment. Ample surface parking and proximity to major retailers, restaurants, and services make this an ideal location for healthcare providers or general office users seeking convenience and presence in a well-established commercial corridor. The property includes monument sign space on Eureka Rd.
Key Highlights
- Prime location in the highly desirable Eureka Professional Center with excellent visibility on the corner of Eureka Road and Professional Drive.
- Flexible 2,932 sq ft space suitable for medical or general office use.
- Opportunity to customize/remodel the space to suit specific needs.
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
$39,899
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
5.71%
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%
$797,980
$798.0K
Cap Rate 7%
$569,986
$570.0K
Cap Rate 9%
$443,322
$443.3K
Market Conditions
NOI Build-Up for 2,932 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
$73.9K $25.20/SF
− Vacancy
−$7.4K −$2.52/SF
EGI
$66.5K $22.68/SF
− OpEx
−$26.6K −$9.07/SF
NOI
$39.9K $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%
$797,980
Cap Rate 7%
$569,986
Cap Rate 9%
$443,322
Alternative Uses
Best Use
Healthcare Medical
$570.0K
$498.7K – $665.0K
NOI $39,899 @ 7.0% cap · market cap 5.71%
Second Best
Office B
$564.6K
$494.0K – $658.7K
NOI $39,519 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$807.0K
$706.1K – $941.5K
NOI $56,488 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,772
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible medical/office space in a desirable location with freeway access.
Where is this medical office space located?
The property is located at 1700 Eureka Road Roseville, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime location in the highly desirable Eureka Professional Center with excellent visibility on the corner of Eureka Road and Professional Drive.; Flexible 2,932 sq ft space suitable for medical or general office use.; Opportunity to customize/remodel the space to suit specific needs.
