Midtown Office Building
1912 F St, Sacramento, CA 95811
Call to check price and availability
Contemporary 5,040 SF office building in Midtown Sacramento's Boulevard Park.
Type:Office
Property size:
5,040 SFPrice / SF:
$180/SF- Added:
- Aug 22, 2024
- Days on Market:
- 650
- Last Refresh:
- May 13 at 8:16 pm
Property Features for 1912 F St
General Information
- Standard status
- Active
- Size
- 5,040 SF
- Property subtype
- Office
Building Details
- Year Built
- 1962
Listing agent Hayden Nabers License #CA 02231233
Listing office Turton Commercial Real Estate (916) 446-8207
Listing date Aug 22, 2024
Source Crexi
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 Turton Commercial Real Estate
HighLights
- Rare opportunity to own a stand‑alone office building in Midtown Sacramento's Boulevard Park.
- Located in a Qualified Opportunity Zone, offering potential economic and tax benefits.
- 5,040 square feet of office space featuring a mix of private offices, conference rooms, shared workstations, open spaces, and skylights.
- Ten (10) secured, covered parking spaces with an automatic gate.
- Located in the walkable Boulevard Park neighborhood, with easy access to Midtown amenities.
- Current owner will vacate upon close of escrow, offering immediate occupancy.
Overview
This contemporary office building is located at 1912 F Street in Midtown Sacramento's Boulevard Park neighborhood. The property measures approximately 5,040 square feet and features office space on the second floor. The office space includes a mix of private offices, conference rooms, shared workstations, open spaces, and skylights. The property also features ten parking spaces, secured with an automatic gate, and covered. The property is currently occupied by the owners, who will vacate upon the close of escrow. An attorney's office also occupies the property on a month-to-month lease and can either remain and sign a new lease or vacate upon the close of escrow. Located in the Boulevard Park neighborhood of Midtown Sacramento, the area is known for its walkability and access to amenities. The property is suited for an owner-user, such as a trade association, architecture firm, union, law firm, non-profit, or other businesses that benefit from being in Midtown Sacramento. The property is in a Qualified Opportunity Zone, which can provide economic and tax benefits to an owner who chooses to invest in the property.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.9k | $21.60 |
| − Vacancy | −$17.3k | −$3.43 |
| EGI | $91.6k | $18.17 |
| − OpEx | −$22.9k | −$4.54 |
| NOI | $68.7k | $13.62 |
5,040 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$980.9K
$858.3K – $1.14M
NOI $68,666 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.35M
$1.19M – $1.58M
NOI $94,802 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Law Offices Of Ted ...
Law Firm
JCL Realty, Inc.
Real Estate Agency
Ross-Campbell Inc
Marketing & Advertising
Casey Constantine, Real ...
Real Estate Agency
Media Aperture
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.4788722
- Latitude
- 38.5809439
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FAQs
What type of property is this?
Office building - Contemporary 5,040 SF office building in Midtown Sacramento's Boulevard Park.
Where is this office building located?
The property is located at 1912 F St Sacramento, CA.
What is the asking price?
The asking price for this property is $909,000.
What are key features of this property?
This property features: Rare opportunity to own a stand‑alone office building in Midtown Sacramento's Boulevard Park.; Located in a Qualified Opportunity Zone, offering potential economic and tax benefits.; **5,040 square feet of office space featuring a mix of private offices, conference rooms, shared workstations, open spaces, and skylights.**
