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Property profile & analytics
OFF-MARKET
Office buildings
3400 Watt Ave Sacramento, CA 95821-3602
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3156030
Property summary
AI-generated overview
The Watt Whitney Building, a landmark Sacramento office property at 3400 Watt Ave (APN 255-0171-018-0000), offers multiple move-in ready suites for lease. This two-story, 7,859 square foot building, situated on 0.33 acres, underwent renovations in 2020. The building, originally constructed in 1961, features twelve individual suites, with a minimum divisible space of 300 square feet and a maximum contiguous space of 1,622 square feet. Currently, 2,830 square feet are available for lease. Leases are modified gross. Amenities include common area restrooms, landscaped and skylit common areas, covered parking, and monument signage. The building is zoned SC and is conveniently located in Sacramento County, CA, 95821, near Whitney Avenue. While there are no elevators, the building offers a variety of suite sizes to accommodate various business needs. This is an excellent opportunity to secure office space in a well-maintained and established building. Contact us today to learn more about available spaces and lease terms.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1961
Construction
WOOD
Total area
7,859 SF
Lot
0.33 ac (14,375 SF)
Zoning code
SC
APN
255-0171-018-0000
UPID
US09-3156030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Transition Lane Consultancy Consultant
-
Alexander Investigations Law Firm Security Service
-
California Security Training Law Firm Security Service
-
Hart & Hart-Business Paralegal Law Firm
-
International Travel Agency Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sko Management LLC · 7 yrs held
Sko Management LLC
since 2019
5 recorded transactions
Zoning & alternative use
SC · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,957
Tax year 2024
Assessed value
$479,669
Assessed 2024
Previous assessed
$479,669
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$223,101
Assessed improvement
$256,568
Applied tax rate
54.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Total area
7,859 SF
Lot
0.33 ac (14,375 SF)
Zoning code
SC
APN
255-0171-018-0000
UPID
US09-3156030
Jurisdiction
SACRAMENTO
Zoning & alternative use
SC · Sacramento, CA
Zoning SC · permitted uses
SC · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Sko Management LLC
Entity
Free & Clear · 7 yrs held
Mailing address
8609 MODENA WAY, ELK GROVE, CA 95624-4510
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2019
—
Sko Management LLC
Shaw,zia & Shireen
Quit Claim Deed
related
—
Aug 18, 2017
—
Zia Shaw
Shaw,zia
Quit Claim Deed
related
—
Aug 18, 2017
$430,000
Zia Shaw
Oehler Property Holdings LLC
Grant Deed
—
Jul 1, 2016
—
Oehler Property Holdings LLC
Oehler,marlene M
Quit Claim Deed
related
—
Feb 2, 2010
$320,000
Oehler Marlene M Family Trust
Watt Avenue Ltd
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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