Improved Office Units with Open
For Sale
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1972 Del Paso Rd, Sacramento, CA 95834
Two office suites offer private rooms, a break area, and a substantial open work area.
Property Size2,879 SF
Price / SF$338.66
Days on Market21
Property Features for 1972 Del Paso Rd
General Information
Standard status
Active
Size
2,879 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Additional Details
Road Access
Yes
Office Units
2
Building Details
Buildings
1
Stories
1
Units
2
Listing Agency:
Gallelli Real Estate
(916) 789-3339
Listed By:
Brandon Sessions · License #CA 01914432
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 22 at 10:54AM
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 Gallelli Real Estate
Investment Insights
Based on property information with market context.
This offering includes Suites 156 and 158 within the Natomas Professional Center. The office space has been improved with multiple private offices, a break room, and a large open area for day-to-day work activities. The combined property size is listed as 2,879.
The center fronts Del Paso Road near Gateway Park Blvd in Sacramento. Several amenities are within walking distance, adding convenience for occupants and visitors.
The center fronts Del Paso Road near Gateway Park Blvd in Sacramento. Several amenities are within walking distance, adding convenience for occupants and visitors.
Key Highlights
- Suites 156 and 158 offered together
- 2,879 property size
- Multiple private offices
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,224
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$784,480
$784.5K
Cap Rate 7%
$560,343
$560.3K
Cap Rate 9%
$435,822
$435.8K
Market Conditions
NOI Build-Up for 2,879 SF
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.
Gross rent
$62.2K $21.60/SF
− Vacancy
−$9.9K −$3.43/SF
EGI
$52.3K $18.17/SF
− OpEx
−$13.1K −$4.54/SF
NOI
$39.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$784,480
Cap Rate 7%
$560,343
Cap Rate 9%
$435,822
Alternative Uses
Best Use
Office B
$560.3K
$490.3K – $653.7K
NOI $39,224 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$773.6K
$676.9K – $902.6K
NOI $54,154 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
Explore this area
Business Placement
Demographics for 95834, CA
35,617
Population
13,531
Households
2.6
Avg Household Size
34
Median Age
40%
College-Educated
90%
High-School Grad
10.0 sq mi
ZIP Area
3,562
Density / Sq Mi
$98,169
Median Household Income
$52,722
Median Earnings
$1,734
Median Rent
$518,300
Median Home Value
Market
Vacancy Rate% for Office in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two office suites offer private rooms, a break area, and a substantial open work area.
Where is this office units located?
The property is located at 1972 Del Paso Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Suites 156 and 158 offered together; 2,879 property size; Multiple private offices
