2330 E Bidwell Street, Folsom, CA 95630
Two-story medical office with current occupancy across multiple medical and office tenants in a hospital-anchored area.
- Added:
- Jun 6, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 20 at 3:47 am
Property Features for 2330 E Bidwell Street
General Information
- Standard status
- Active
- Size
- 39,062 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing agent Ken Turton License #CA 01219637
Listing office Turton Commercial Real Estate (916) 710-0753
Listing date Jun 6, 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 Turton Commercial Real Estate
HighLights
- Two‑story medical office building built in 2000 within Broadside Village in Folsom
- Approximately 39,062 rentable SF leased to 13 tenants with 80% occupancy
- Tenants include Vitero Retinol Medical Group, Folsom Spine Surgery, HMA Architecture, and West Valley Construction
- Average rent of $1.88/SF (fully serviced) with three vacant spaces totaling 7,644 RSF (~20%)
- Located in a medical hub with Mercy Folsom Hospital less than 1 mile away
- 2027 pro forma: 8.10% cap rate (per provided assumptions); cash‑on‑cash return of 10.80% when fully leased (not including principal paydown)
Overview
The site is positioned in a medical hub anchored by Dignity Health–Mercy Folsom Hospital, located less than one mile away. The property is also associated with Broadside Village’s broader development of ten office and medical buildings, supporting an established concentration of healthcare and related professional activity in the immediate area.
For investors, the current mix of medical and office tenants provides a base of recurring income while leaving room to lease the remaining availability. The remarks also contemplate an owner-user approach for flexibility, including the option for an occupant to take the entire second floor (approximately 20,000 rentable square feet) as soon as Q1 2029, or the full building by Q1 2031. Medical-related tenants currently occupy one-quarter of the building, and traditional office space comprises the balance, offering a practical platform for aligned medical-oriented operations or leasing strategies.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.31M | $33.60 |
| − Vacancy | −$135.2k | −$3.46 |
| EGI | $1.18M | $30.14 |
| − OpEx | −$470.9k | −$12.06 |
| NOI | $706.4k | $18.08 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Veterinary Medical Center of Folsom — 2766 E Bidwell St # 200, Folsom, CA 95630
- PetSmart Veterinary Services - Folsom (East Bidwell) — 2705 E Bidwell St, Folsom, CA 95630
- Banfield Pet Hospital — 2375 Iron Point Rd, Folsom, CA 95630
Location Insight
- Map
- Local Demand
- City
- Folsom
- County
- El Dorado
- State
- California
- Longitude
- -121.1408024
- Latitude
- 38.6665077
