Modernized Creative Office
For Sale
Contact for pricing
1920 20th Street, Sacramento, CA 95811
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 Market198
Property Features for 1920 20th Street
General Information
Standard status
Active
Size
26,912 SF
Total Parking Spaces
28
Lot size
0.62 Acres
Property subtype
Office
Zoning
General Commercial (C-2-SPD)
Lease Type
Gross
Investment Type
Owner/User
Site & Location
Neighborhood
Newton Booth
Additional Details
Clear Height
20 ft
Amenities
building signage
Building Details
Year Built
1970
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Turton Commercial Real Estate
Listed By:
Ken Turton · License #CA 01219637
(916) 573-3300
Source:
Crexi
Added: Apr 9
Changed: Oct 20
Last Checked: Oct 23 at 5:10AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$366,654
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,333,080
$7.3M
Cap Rate 7%
$5,237,914
$5.2M
Cap Rate 9%
$4,073,933
$4.1M
Market Conditions
NOI Build-Up for 26,912 SF
Gross rent
$581.3K $21.60/SF
− Vacancy
−$92.4K −$3.43/SF
EGI
$488.9K $18.17/SF
− OpEx
−$122.2K −$4.54/SF
NOI
$366.7K $13.62/SF
Area
Sacramento, CA
Vacancy
15.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,333,080
Cap Rate 7%
$5,237,914
Cap Rate 9%
$4,073,933
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 authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
20 ft
Clear height
Location Intelligence
Trade Area within ½ mile
3,962
Businesses Nearby
Explore this area
Business Placement
Demographics for 95811, CA
12,463
Population
5,085
Households
2.5
Avg Household Size
37
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,419
Density / Sq Mi
$77,760
Median Household Income
$59,641
Median Earnings
$1,564
Median Rent
$707,900
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 Sacramento, CA
Frequently Asked Questions
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 Street 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
