Modernized Creative Office
1920 20th St Sacramento, CA 95811
1920 20th St, Sacramento, CA, 95811
Contact for pricing
For Sale
Contact for pricing
Fully modernized office building with 20-foot ceilings and skylights on a 26,912 SF parcel.
Property Size26,912 SF
Lot Size0.62 Acres
Price / SF$159.59
Days on Market105
Property Features for 1920 20th St
General Information
- Standard status
- Active
- Size
- 26,912 SF
- Lot size
- 0.62 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing agency
Turton Commercial Real Estate
(916) 573-3309
Listed by
Ken Turton · License #CA 01219637
Source
Crexi
Added: Apr 9 Updated: Jul 22 at 6:12AM Checked: Jul 22 at 6:12AM
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
Investment Insights
Based on property information with market context.
Located at 1920 20th St, this fully modernized office building presents an owner-user opportunity or a development site on a ±26,912 SF parcel. The ±14,301 SF building has been converted from an industrial building into a modern workspace featuring a new roof installed in 2018, updated electrical and lighting systems, and an abundance of natural light through generous window lines and skylights. Interior height is supported by 20-foot ceilings, and the property includes ample parking.
The building sits near the R Street Corridor in Sacramento, an area that has seen former warehouses and industrial shops repurposed into dining, cocktail, entertainment, art, and design uses. Prominent building signage is available, supporting visibility for prospective users. The surrounding area also includes nearby destinations such as Ice Blocks, Truitt Bark Park, Safeway, and Ace of Spades, along with acclaimed restaurants including Localis, Hook and Ladder, Good Neighbor, Mendocino Farms, and Ryujin Ramen House.
The building sits near the R Street Corridor in Sacramento, an area that has seen former warehouses and industrial shops repurposed into dining, cocktail, entertainment, art, and design uses. Prominent building signage is available, supporting visibility for prospective users. The surrounding area also includes nearby destinations such as Ice Blocks, Truitt Bark Park, Safeway, and Ace of Spades, along with acclaimed restaurants including Localis, Hook and Ladder, Good Neighbor, Mendocino Farms, and Ryujin Ramen House.
Key Highlights
- Fully modernized 14,301 SF office building on a ±26,912 SF parcel in Sacramento
- New roof installed in 2018
- Updated electrical and lighting systems
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 | $581.3k | $21.60 |
| − Vacancy | −$92.4k | −$3.43 |
| EGI | $488.9k | $18.17 |
| − OpEx | −$122.2k | −$4.54 |
| NOI | $366.7k | $13.62 |
26,912 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.24M
$4.58M – $6.11M
NOI $366,654 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.23M
$6.33M – $8.44M
NOI $506,215 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Rhombus
Security Service
Building Solutions Inc
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Fully modernized office building with 20-foot ceilings and skylights on a 26,912 SF parcel.
Where is this creative space located?
The property is located at 1920 20th St Sacramento, CA.
What is the asking price?
The asking price for this property is $4,295,000.
What are key features of this property?
This property features: Fully modernized 14,301 SF office building on a ±26,912 SF parcel in Sacramento; New roof installed in 2018; Updated electrical and lighting systems
