Office Condo with Vaulted
For Sale
Contact for pricing
2140 Professional Dr, Roseville, CA 95661
Owner-user office condo with a vaulted atrium, updated restrooms, and ample onsite parking.
Property Size1,246 SF
Price / SF$320
Days on Market167
Property Features for 2140 Professional Dr
General Information
Standard status
Active
Size
1,246 SF
Property subtype
OFFICE
Additional Details
Business Included
No
Road Access
Yes
Amenities
vaulted atrium
updated rest rooms
landscaping
covered walkways
outdoor seating areas
Listing Agency:
Gallelli Real Estate
(916) 772-1700
Listed By:
Robb Osborne · License #01398696
(916) 770-9151
Source:
Moodyscre
Added: Apr 2
Changed: Sep 3
Last Checked: Sep 15 at 10:26AM
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 owner-user office condo is part of a professional building featuring a recognizable design with a vaulted atrium that brings natural light into the space. The common area lobby is attractive, and the property includes updated restrooms for tenant convenience. Outdoor areas are improved with bright landscaping, shaded covered walkways, and several outdoor seating areas.
The center is accessible from either Rocky Ridge Drive or Eureka Road, both major regional thoroughfares. It also offers ample parking for general office use. For clients and staff, daily needs are within walking distance of Rocky Ridge Town Center, the TJ Maxx Plaza, and the Roseville Center, providing a variety of retail and restaurant options nearby.
The offering is positioned as office condos intended for purchase by owner-users.
The center is accessible from either Rocky Ridge Drive or Eureka Road, both major regional thoroughfares. It also offers ample parking for general office use. For clients and staff, daily needs are within walking distance of Rocky Ridge Town Center, the TJ Maxx Plaza, and the Roseville Center, providing a variety of retail and restaurant options nearby.
The offering is positioned as office condos intended for purchase by owner-users.
Key Highlights
- Owner‑user office condo with a vaulted atrium and natural light
- Updated restrooms and an attractive common area lobby
- Bright landscaping with shaded covered walkways and multiple outdoor seating areas
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
$16,794
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
4.21%
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%
$335,880
$335.9K
Cap Rate 7%
$239,914
$239.9K
Cap Rate 9%
$186,600
$186.6K
Market Conditions
NOI Build-Up for 1,246 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
$26.9K $21.60/SF
− Vacancy
−$4.5K −$3.63/SF
EGI
$22.4K $17.97/SF
− OpEx
−$5.6K −$4.49/SF
NOI
$16.8K $13.48/SF
Area
Roseville, CA
Vacancy
16.80%
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%
$335,880
Cap Rate 7%
$239,914
Cap Rate 9%
$186,600
Alternative Uses
Best Use
Office B
$239.9K
$209.9K – $279.9K
NOI $16,794 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$342.9K
$300.1K – $400.1K
NOI $24,005 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 95661, CA
32,847
Population
13,832
Households
2.4
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,650
Density / Sq Mi
$103,745
Median Household Income
$62,760
Median Earnings
$1,930
Median Rent
$667,500
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 West region
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Frequently Asked Questions
What type of property is this?
Office units - Owner-user office condo with a vaulted atrium, updated restrooms, and ample onsite parking.
Where is this office units located?
The property is located at 2140 Professional Dr Roseville, CA.
What is the asking price?
The asking price for this property is $398,720.
What are key features of this property?
This property features: Owner‑user office condo with a vaulted atrium and natural light; Updated restrooms and an attractive common area lobby; Bright landscaping with shaded covered walkways and multiple outdoor seating areas
