Medical Office Condominium
For Sale
$695,000
250-3941 J St, Sacramento, CA 95814
Medical office condo with patient waiting, exam rooms, reception, private offices, and a private bath at Mercy Medical Plaza.
Property Size2,311 SF
Price / SF$300.74
Days on Market113
Property Features for 250-3941 J St
General Information
Standard status
Active
Size
2,311 SF
Amenities
spacious lobby
onsite cafe
pharmacy
security
gated parking
Listing Agency:
Windermere Signature Properties Sierra Oaks
4813840
Listed By:
Felicia T. Bhe
6126688
Source:
Exprealty
Added: Jul 1
Changed: Oct 11
Last Checked: Oct 21 at 2:18AM
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 Windermere Signature Properties Sierra Oaks
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office condominium suite totals 2,311 square feet and is designed for patient service and day-to-day operations. The interior includes a patient waiting area, reception, exam rooms, a staff lounge, private bath, and private offices, along with a common building lobby.
Located at 250–3941 J St in Sacramento within Mercy Medical Plaza, the property sits next door to Mercy General Hospital. The medical building, common areas, parking lot, and facilities are maintained by Dignity Health, and the campus features onsite amenities including an onsite cafe, pharmacy, security, and gated parking.
HOA covers utilities, security, and 1 parking space per owner, plus maintenance of common areas. Dignity Health has the First Right of Refusal to a bona fide offer.
Located at 250–3941 J St in Sacramento within Mercy Medical Plaza, the property sits next door to Mercy General Hospital. The medical building, common areas, parking lot, and facilities are maintained by Dignity Health, and the campus features onsite amenities including an onsite cafe, pharmacy, security, and gated parking.
HOA covers utilities, security, and 1 parking space per owner, plus maintenance of common areas. Dignity Health has the First Right of Refusal to a bona fide offer.
Key Highlights
- Premier medical office condo at Mercy Medical Plaza in East Sac, next door to Mercy General Hospital
- 2,311 SF layout with patient waiting area, reception, exam rooms, and private offices
- Includes staff lounge, private bath, and additional office space within the condo
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,591
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,820
$711.8K
Cap Rate 7%
$508,443
$508.4K
Cap Rate 9%
$395,456
$395.5K
Market Conditions
NOI Build-Up for 2,311 SF
Gross rent
$63.8K $27.60/SF
− Vacancy
−$4.5K −$1.93/SF
EGI
$59.3K $25.67/SF
− OpEx
−$23.7K −$10.27/SF
NOI
$35.6K $15.40/SF
Area
Sacramento, CA
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,820
Cap Rate 7%
$508,443
Cap Rate 9%
$395,456
Alternative Uses
Best Use
Healthcare Medical
$508.4K
$444.9K – $593.2K
NOI $35,591 @ 7.0% cap · market cap 5.12%
Second Best
Office B
$449.8K
$393.6K – $524.8K
NOI $31,486 @ 7.0% cap · market cap 4.53%
Theoretical Best
Specialty Retail
$621.0K
$543.4K – $724.5K
NOI $43,470 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,044
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 95814, CA
12,208
Population
7,972
Households
1.5
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
8,720
Density / Sq Mi
$46,637
Median Household Income
$57,500
Median Earnings
$1,226
Median Rent
$621,400
Median Home Value
Market
Vacancy Rate% for Office in Sacramento, CA
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- Dr Fred Beeman's House Calls Vet — sacramento, ca 95814
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condo with patient waiting, exam rooms, reception, private offices, and a private bath at Mercy Medical Plaza.
Where is this medical office space located?
The property is located at 250-3941 J St Sacramento, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Premier medical office condo at Mercy Medical Plaza in East Sac, next door to Mercy General Hospital; 2,311 SF layout with patient waiting area, reception, exam rooms, and private offices; Includes staff lounge, private bath, and additional office space within the condo
