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    Permitted Assembly Facility Title is generated by Realmo AI

    1921 Arena Blvd Ste. 100, Sacramento, CA 95834

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    Lease a fully conditioned assembly space anchored by a 556-seat auditorium with supporting classrooms and loading access.

    Type:Office, Industrial, Special Purpose
    Property size:
    23,240 SF
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 4:50 am

    Property Features for 1921 Arena Blvd Ste. 100

    General Information

    Standard status
    Active
    Size
    23,240 SF
    Property subtype
    Office, Industrial, Special Purpose

    Building Details

    Year Built
    2001

    Spaces For Lease

    at 1921 Arena Blvd Ste. 100 Contact us

    We can help!

    Listing Contact
    Brian Jacks
    Brian Jacks

    Listing agent Brian Jacks License #CA 01217349

    Listing office JACKS Commercial Real Estate - Sacramento

    Listing date Jun 1, 2026

    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 JACKS Commercial Real Estate - Sacramento

    HighLights

    • ±23,240 SF permitted assembly space in a ±47,430 SF tilt‑up concrete building (built 2001)
    • 556‑seat auditorium with existing Conditional Use Permit
    • Floor plan includes ±6,500 SF auditorium plus lobby, classrooms, administrative offices, kitchen/breakroom, and nursery/childcare rooms
    • Includes small warehouse/support area with two 10' x 10' loading docks and a 12' x 14' grade level rollup door
    • ±114 parking spaces and ±2,500 SF secured yard
    • Convenient access near I‑80 and I‑5 (about 1 mile south and west); available January–March 2027

    Overview

    Available for lease is 23,240 sf of permitted assembly space within a well-maintained 47,430 sf tilt-up concrete building in Sacramento’s North Natomas submarket. The interior is fully conditioned and centered on a 556-seat auditorium supported by an existing Conditional Use Permit. The floor plan also includes a large auditorium area of about 6,500 sf, lobby, classrooms, administrative offices, kitchen/breakroom, nursery and childcare rooms, and additional support space plus a small warehouse area.

    The property includes approximately 114 parking spaces and about 2,500 sf of secured yard. The yard features one 12’ x 14’ grade level roll-up door, and the warehouse portion is served by two 10’ x 10’ loading docks. Regional access is supported by proximity to I-80 and I-5, with Downtown and Sacramento International Airport reachable via major routes.

    This configuration is well suited for churches, educational users, nonprofits, event operators, community organizations, fitness groups, or other assembly-oriented operators seeking an auditorium-based facility with classroom and back-of-house support and straightforward loading provisions. Availability is scheduled for January–March 2027.
    Location Intelligence

    Current Use by Public Records

    California Center Logistics Company DemeGrow Industrial Manufacturer AuraBlue Technologies Nanotechnology Engineering Service McWong International Corporate Office Sacramento Christian Healing ... Church

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.5044636
    Latitude
    38.6474593

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    FAQs

    What type of property is this?
    Church & religious facility - Lease a fully conditioned assembly space anchored by a 556-seat auditorium with supporting classrooms and loading access.
    Where is this church & religious facility located?
    The property is located at 1921 Arena Blvd Ste. 100 Sacramento, CA.
    What are key features of this property?
    This property features: ±23,240 SF permitted assembly space in a ±47,430 SF tilt‑up concrete building (built 2001); 556‑seat auditorium with existing Conditional Use Permit; Floor plan includes ±6,500 SF auditorium plus lobby, classrooms, administrative offices, kitchen/breakroom, and nursery/childcare rooms
    (916) 837-3456 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Jacks
    Brian Jacks
    Real Estate License ID: CA 01217349
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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