311 Market Street Folsom, CA 95630
Standalone building with flexible indoor space plus a yard for storage or outdoor operations.
- Added:
- Sep 17, 2025
- Days on Market:
- 299
- Last Refresh:
- Jul 10 at 1:59 am
Property Features for 311 Market Street
General Information
- Standard status
- Active
- Size
- 3,940 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1961
Listing office ROME Real Estate Group, Inc. (916) 705-8132
Listing date Sep 17, 2025
Source Exitrealty
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 ROME Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
The site is positioned for strong visibility with frontage on Market Street near E. Bidwell and Glenn Drive, benefitting from reported average daily traffic of 19,448 ADT and 5,849 ADT, respectively. Easy access across the city is described due to the location just off E. Bidwell Street.
Zoned C-2, the property supports a range of uses including offices, medical, restaurants, retail, and light industrial showrooms.
Key Highlights
- Standalone 3,940 SF office building on a 14,940 SF parcel (built in 1961).
- 3,940 SF flexible office/retail‑ready space plus a spacious yard for storage, outdoor operations, or expansion.
- C‑2 zoning allows offices, medical, restaurants, retail, and light industrial showrooms.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.0k | $26.40 |
| − Vacancy | −$17.7k | −$4.49 |
| EGI | $86.3k | $21.91 |
| − OpEx | −$21.6k | −$5.48 |
| NOI | $64.7k | $16.43 |
