Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rancho Cordova Office Space Title is generated by Realmo AI

    2969 Prospect Park Drive, Rancho Cordova, CA 95670

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office building in Rancho Cordova with 12,052 square feet.

    Type:Office
    Property size:
    12,052 SF
    Added:
    Apr 3, 2026
    Days on Market:
    65
    Last Refresh:
    Apr 3 at 5:00 am

    Property Features for 2969 Prospect Park Drive

    General Information

    Standard status
    Active
    Size
    12,052 SF
    Property subtype
    Office

    Building Details

    Year Built
    2026

    Spaces For Lease

    at 2969 Prospect Park Drive Contact us

    We can help!

    Listing Contact
    Ron Thomas

    Listing agent Ron Thomas License #CA 01291261

    Listing office Cushman & Wakefield | Sacramento

    Listing date Apr 3, 2026

    Source Cushmanwakefield

    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 Cushman & Wakefield | Sacramento

    HighLights

    • Office building in Rancho Cordova
    • 12,052 square feet of space
    • Year Built: 2026
    • Office building
    • Rancho Cordova location
    • Property

    Overview

    This commercial real estate offers office space in Rancho Cordova, California. The property provides a total area of 12,052 square feet suitable for office buildings.
    Location Intelligence

    Current Use by Public Records

    Siemens Engineer TEKsystems Employment Agency Caltrans-DOT State Government Office Civil Bureau Office Government Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Cordova
    County
    Sacramento
    State
    California
    Longitude
    -121.2771756
    Latitude
    38.5949064

    Nearby Similar for Lease

    • Sponsored
      $129-$2,713/Mo
      11-1,292 SF

      CA, Rancho Cordova - White Rock Rd.

      10940 White Rock Rd, Unit 210, Rancho Cordova, CA 95670
      View Details
    • Contact for pricing
      2,049 SF

      Rancho Cordova Commercial Lease Opportunity

      Flex space with climate control, roll-up door, and restrooms.
      3298 Monier, Rancho Cordova, CA 95742
      View Details
    • $1.30 SF/Yr
      24,299 SF

      Multi-Tenant Office Building For Lease

      High-visibility office building with signage potential, near Highway 50.
      2893 Sunrise Blvd., Rancho Cordova, CA 95742
      View Details
    • $1.75 SF/Yr
      2,587 SF

      Rancho Cordova Office Space Available

      Office suite for rent in Rancho Cordova, approximately 2,587 square feet.
      2870 Gold Tailings Ct, Rancho Cordova, California 95670
      View Details
    • $2 SF/Yr
      4,483 SF

      Rancho Cordova Office Space Available

      Office space for rent in Rancho Cordova, California.
      10850 Gold Center Dr, Rancho Cordova, CA
      View Details
    • $1.00 SF/Yr
      6,334 SF

      Medical Office Space Available

      Medical office space for lease in a gated business park.
      2828 Mills Park Dr, Rancho Cordova, CA 95670
      View Details
    • $0.68 SF/Yr
      40,984 SF

      Rancho Cordova Industrial Warehouse

      40,984 SF heavy industrial warehouse for lease.
      3920 Security Park Drive, Rancho Cordova, CA 95742
      View Details
    • $0.68 SF/Yr
      40,984 SF

      Rancho Cordova Industrial Warehouse

      40,984 SF heavy industrial warehouse on 6.96 acres for lease.
      3920 Security Park Drive, Rancho Cordova, CA 95742
      View Details
    • $1.35 SF/Yr
      89,132 SF

      Rancho Cordova Flex/Retail Space

      Flex and retail spaces available for lease in Rancho Cordova.
      10360-10366 Rockingham Dr, 10376-10394 Rockingham Dr & 3324-3366 Mather Field Rd, Rancho Cordova, CA 95670
      View Details
    • $1.75 SF/Yr
      21,954 SF

      Retail Space in Rancho Cordova

      Retail and restaurant spaces available in Sunriver Village.
      2210-2280 Sunrise Blvd, Rancho Cordova, CA
      View Details
    • $2 SF/Yr
      14,052 SF

      Rancho Cordova Office Space Available

      Office space for rent in Rancho Cordova, California.
      10911 White Rock Rd, Rancho Cordova, CA
      View Details
    • $23 SF/Yr
      4,039 SF

      Class A Office Space Available

      Two-story office building with flexible floor plans and ample parking.
      2995 Prospect Park Dr, Rancho Cordova, CA
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in Rancho Cordova with 12,052 square feet.
    Where is this office building located?
    The property is located at 2969 Prospect Park Drive Rancho Cordova, CA.
    What are key features of this property?
    This property features: Office building in Rancho Cordova; 12,052 square feet of space; Year Built: 2026
    (916) 288-4801
    We can help!
    Listing Contact
    Ron Thomas
    Real Estate License ID: CA 01291261
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2969 Prospect Park Drive, Rancho Cordova, CA 95670
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!