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 Market1020
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%
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: Sep 3
Last Checked: Sep 18 at 8:09AM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$107,359
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
55%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,203
Businesses Nearby
Explore this area
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
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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
