Flex Space with
For Sale
Contact for pricing
301 N 16th Street, Sacramento, CA 95811
Flexible warehouse and creative space with crane service, oversized doors, cooler units, and an adjoining outdoor yard.
Property Size19,345 SF
Lot Size0.79 Acres
Price / SF$93.05
Days on Market78
Property Features for 301 N 16th Street
General Information
Standard status
Active
Size
19,345 SF
Lot size
0.79 Acres
Property subtype
Industrial
Site & Location
Neighborhood
Dos Rios Triangle
Outdoor Storage
Yes
Additional Details
Asking Price
$1,800,000
Cold Storage
Yes
Building Details
Building Size
19,345 SF
Listing Agency:
Turton Commercial Real Estate
Listed By:
Ian Forner · License #CA 01967116
(916) 573-3314
Source:
Crexi
Added: Aug 15
Changed: Oct 25
Last Checked: Oct 30 at 1:24PM
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
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Investment Insights
Based on property information with market context.
This flex property combines 19,345 square feet of warehouse and creative space with a 32,185-square-foot yard totaling 0.79 acres. The improvements include a gantry crane, large sliding doors, a 15-foot roll-up door, and two cooler units, providing a range of functional features for industrial or adaptive redevelopment applications.
Located at 301 N. 16th Street within Sacramento’s Grower’s District, the property offers an existing industrial-style configuration with substantial outdoor space. Its combination of enclosed workspace, specialized equipment, loading access, and cooling capacity supports flexible occupancy and operational planning.
Located at 301 N. 16th Street within Sacramento’s Grower’s District, the property offers an existing industrial-style configuration with substantial outdoor space. Its combination of enclosed workspace, specialized equipment, loading access, and cooling capacity supports flexible occupancy and operational planning.
Key Highlights
- 19,345 SF of warehouse and creative space
- 32,185 SF yard totaling 0.79 AC
- Gantry crane included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,542
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,970,840
$3.0M
Cap Rate 7%
$2,122,029
$2.1M
Cap Rate 9%
$1,650,467
$1.7M
Market Conditions
NOI Build-Up for 19,345 SF
Gross rent
$185.7K $9.60/SF
− Vacancy
−$11.0K −$0.57/SF
EGI
$174.8K $9.03/SF
− OpEx
−$26.2K −$1.36/SF
NOI
$148.5K $7.68/SF
Area
Sacramento, CA
Vacancy
5.90%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,970,840
Cap Rate 7%
$2,122,029
Cap Rate 9%
$1,650,467
Alternative Uses
Best Use
Office B
$3.77M
$3.29M – $4.39M
NOI $263,560 @ 7.0% cap · market cap 14.64%
Second Best
Flex RnD
$3.02M
$2.65M – $3.53M
NOI $211,625 @ 7.0% cap · market cap 11.76%
Theoretical Best
Specialty Retail
$5.20M
$4.55M – $6.06M
NOI $363,879 @ 7.0% cap · market cap 20.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 95811, CA
12,463
Population
5,085
Households
2.5
Avg Household Size
37
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,419
Density / Sq Mi
$77,760
Median Household Income
$59,641
Median Earnings
$1,564
Median Rent
$707,900
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
Similar Off Market Nearby
- Lulu's Kitchen — 701 16th St #130, Sacramento, CA 95814
- Regina's Catering — 701 16th St #130, Sacramento, CA 95814
- Notre Ferme Sac — 600 12th St, Sacramento, CA 95814
- SactoMoFo Corporate Catering — 204 21st Street, Sacramento, CA 95811
- Graceful Farms & Kitchen — 1501 N C St, Sacramento, CA 95811
Frequently Asked Questions
What type of property is this?
Flex space - Flexible warehouse and creative space with crane service, oversized doors, cooler units, and an adjoining outdoor yard.
Where is this flex space located?
The property is located at 301 N 16th Street Sacramento, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 19,345 SF of warehouse and creative space; 32,185 SF yard totaling 0.79 AC; Gantry crane included
