Two-Story Office Building with
For Sale
Contact for pricing
3000 T St, Sacramento, CA 95816
Two-story office building offers multiple small suites, updated systems, and approximately 20 on-site parking stalls.
Property Size7,880 SF
Lot Size0.29 Acres
Price / SF$161.80
Days on Market1066
Property Features for 3000 T St
General Information
Standard status
Active
Size
7,880 SF
Total Parking Spaces
20
Lot size
0.29 Acres
Property subtype
OFFICE
Occupancy
55%
Site & Location
Neighborhood
Alhambra Triangle
Building Details
Year Built
1982
Stories
2
Tenancy
Multi
Listing Agency:
Turton Commercial Real Estate - Corporate
(916) 573-3300
Listed By:
Jon Lang · License #01934934
(916) 573-3302
Source:
Moodyscre
Added: Dec 4, 2023
Changed: Oct 25
Last Checked: Nov 3 at 5:42AM
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 - Corporate
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Investment Insights
Based on property information with market context.
3000 T St is a two-story commercial office building on a 12,800 sf parcel, constructed in 1982. The building consists of smaller office spaces ranging from 300 to 1,800 sf, and it has been continually updated over time. Recent improvements include a roof replacement within the last five years, along with HVAC unit replacements as needed.
The property sits on the corner of T Street and 30th Street, positioned on the cusp of East Sacramento and Midtown. Approximately 20 on-site parking stalls are available in front of the building and along Tomato Alley to the south.
As of now, the building is 55% occupied by six month-to-month tenants. The current vacancies total 3,535 sf and include two continuous suites on the second floor. The property can also be used by an owner-user in all or a portion of the building upon closing.
The property sits on the corner of T Street and 30th Street, positioned on the cusp of East Sacramento and Midtown. Approximately 20 on-site parking stalls are available in front of the building and along Tomato Alley to the south.
As of now, the building is 55% occupied by six month-to-month tenants. The current vacancies total 3,535 sf and include two continuous suites on the second floor. The property can also be used by an owner-user in all or a portion of the building upon closing.
Key Highlights
- 7,880 SF two‑story commercial office building on a 12,800 SF corner parcel at T St & 30th St
- Suite mix of small office spaces ranging from 300 to 1,800 SF, plus six month‑to‑month tenant occupants
- ~20 on‑site parking stalls in front of the building and along Tomato Alley to the south
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,359
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,147,180
$2.1M
Cap Rate 7%
$1,533,700
$1.5M
Cap Rate 9%
$1,192,878
$1.2M
Market Conditions
NOI Build-Up for 7,880 SF
Gross rent
$170.2K $21.60/SF
− Vacancy
−$27.1K −$3.43/SF
EGI
$143.1K $18.17/SF
− OpEx
−$35.8K −$4.54/SF
NOI
$107.4K $13.62/SF
Area
Sacramento, CA
Vacancy
15.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,147,180
Cap Rate 7%
$1,533,700
Cap Rate 9%
$1,192,878
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.79M
NOI $107,359 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.12M
$1.85M – $2.47M
NOI $148,223 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
55%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,203
Businesses Nearby
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Business Placement
Demographics for 95816, CA
18,606
Population
11,553
Households
1.6
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
6,891
Density / Sq Mi
$90,521
Median Household Income
$61,407
Median Earnings
$1,647
Median Rent
$789,700
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 Sacramento, CA
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building offers multiple small suites, updated systems, and approximately 20 on-site parking stalls.
Where is this office building located?
The property is located at 3000 T St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 7,880 SF two‑story commercial office building on a 12,800 SF corner parcel at T St & 30th St; Suite mix of small office spaces ranging from 300 to 1,800 SF, plus six month‑to‑month tenant occupants; ~20 on‑site parking stalls in front of the building and along Tomato Alley to the south
