Single-Story Medical-Use Office
For Sale
$1,950,000
1970 Lake Blvd, Davis, CA 95616
Single-story building with private offices, open areas, restrooms, break room, and storage on a visible corner lot.
Property Size10,255 SF
Price / SF$190.15
Days on Market143
Property Features for 1970 Lake Blvd
General Information
Standard status
Active
Size
10,255 SF
Class
B
Property subtype
office
Listing Agency:
Sacramento
(949) 885-2900
Listed By:
Bryan Huarte · License #01362697
(916) 448-5196
Source:
Property.jll
Added: Jun 17
Changed: Oct 26
Last Checked: Nov 6 at 5:22AM
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 Sacramento
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Investment Insights
Based on property information with market context.
This 10,255 SF single-story multi-purpose building includes 13 private offices alongside open office areas, restrooms, a break area, and storage. The layout supports a range of service-oriented uses where both private rooms and shared space are needed.
The property sits on a highly visible corner lot in Davis’ medical corridor. It is located near major healthcare providers including Sutter Health, Dignity Health, and UCD Health, and is within minutes of Highway 113, which connects to I-80 and I-5.
The building’s mix of private offices, open space, and practical support rooms makes it well-suited for uses such as medical-related operations, adult day programs, social services, training, general office, or retail, subject to applicable approvals. With the opportunity to acquire a full building, it can fit organizations looking for an adaptable, turnkey footprint in an established healthcare-oriented area.
The property sits on a highly visible corner lot in Davis’ medical corridor. It is located near major healthcare providers including Sutter Health, Dignity Health, and UCD Health, and is within minutes of Highway 113, which connects to I-80 and I-5.
The building’s mix of private offices, open space, and practical support rooms makes it well-suited for uses such as medical-related operations, adult day programs, social services, training, general office, or retail, subject to applicable approvals. With the opportunity to acquire a full building, it can fit organizations looking for an adaptable, turnkey footprint in an established healthcare-oriented area.
Key Highlights
- 10,255 SF single‑story multi‑purpose building designed for flexible uses in Davis' medical corridor
- Full building layout includes 13 private offices plus open spaces, restrooms, a break area, and storage
- Located on a highly visible corner lot near Sutter Health, Dignity Health, and UCD Health
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,272
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,905,440
$2.9M
Cap Rate 7%
$2,075,314
$2.1M
Cap Rate 9%
$1,614,133
$1.6M
Market Conditions
NOI Build-Up for 10,255 SF
Gross rent
$246.1K $24.00/SF
− Vacancy
−$52.4K −$5.11/SF
EGI
$193.7K $18.89/SF
− OpEx
−$48.4K −$4.72/SF
NOI
$145.3K $14.17/SF
Area
Yolo County, CA
Vacancy
21.30%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,905,440
Cap Rate 7%
$2,075,314
Cap Rate 9%
$1,614,133
Alternative Uses
Best Use
Office B
$2.08M
$1.82M – $2.42M
NOI $145,272 @ 7.0% cap · market cap 7.45%
Second Best
Healthcare Medical
$1.98M
$1.74M – $2.32M
NOI $138,904 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$2.77M
$2.42M – $3.23M
NOI $193,696 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
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Business Placement
Demographics for 95616, CA
51,003
Population
19,944
Households
2.6
Avg Household Size
27
Median Age
75%
College-Educated
97%
High-School Grad
29.9 sq mi
ZIP Area
1,706
Density / Sq Mi
$74,758
Median Household Income
$25,109
Median Earnings
$1,911
Median Rent
$856,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Single-story building with private offices, open areas, restrooms, break room, and storage on a visible corner lot.
Where is this office building located?
The property is located at 1970 Lake Blvd Davis, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 10,255 SF single‑story multi‑purpose building designed for flexible uses in Davis' medical corridor; Full building layout includes 13 private offices plus open spaces, restrooms, a break area, and storage; Located on a highly visible corner lot near Sutter Health, Dignity Health, and UCD Health
