Two-Story Medical Office
For Sale
$7,850,000
2330 E Bidwell St, Folsom, CA 95630
Two-story medical office with current occupancy across multiple medical and office tenants in a hospital-anchored area.
Property Size41,678 SF
Price / SF$188.35
Days on Market144
Property Features for 2330 E Bidwell St
General Information
Standard status
Active
Size
41,678 SF
Occupancy
80%
Additional Details
Office Units
13
Building Details
Year Built
2000
Stories
2
Tenancy
Multi
Listing Agency:
Ken Turton, Broker
Listed By:
Jon M Lang · License #01934934
(916) 710-0753
Source:
Aspirerealestateca
Added: Jun 16
Changed: Oct 25
Last Checked: Oct 7 at 1:48PM
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 Ken Turton, Broker
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Investment Insights
Based on property information with market context.
2330 E Bidwell Street is an upscale, two-story medical office building in Broadside Village, constructed in 2000. The property totals approximately 39,062 rentable square feet and is currently leased to 13 tenants across a mix of medical and office users. The building is offered fully serviced and is 80% leased, with three vacant spaces totaling 7,644 rentable square feet (about 20% of the building).
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.
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.
Key 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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$651,807
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,036,140
$13.0M
Cap Rate 7%
$9,311,529
$9.3M
Cap Rate 9%
$7,242,300
$7.2M
Market Conditions
NOI Build-Up for 41,678 SF
Gross rent
$1.07M $25.68/SF
− Vacancy
−$201.2K −$4.83/SF
EGI
$869.1K $20.85/SF
− OpEx
−$217.3K −$5.21/SF
NOI
$651.8K $15.64/SF
Area
Sacramento County, CA
Vacancy
18.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,036,140
Cap Rate 7%
$9,311,529
Cap Rate 9%
$7,242,300
Alternative Uses
Best Use
Office B
$9.31M
$8.15M – $10.86M
NOI $651,807 @ 7.0% cap · market cap 8.30%
Second Best
Healthcare Medical
$6.06M
$5.30M – $7.07M
NOI $424,231 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$11.10M
$9.72M – $12.95M
NOI $777,223 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
13
Office units
80%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95630, CA
74,787
Population
30,106
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
97%
High-School Grad
26.2 sq mi
ZIP Area
2,854
Density / Sq Mi
$139,182
Median Household Income
$74,786
Median Earnings
$2,280
Median Rent
$702,200
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- All Creatures Veterinary Emergency Clinic — 2210 E Bidwell St #100, Folsom, CA 95630
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story medical office with current occupancy across multiple medical and office tenants in a hospital-anchored area.
Where is this medical office space located?
The property is located at 2330 E Bidwell St Folsom, CA.
What is the asking price?
The asking price for this property is $7,850,000.
What are key features of this property?
This property features: 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
