Freestanding Building in Roseville,
For Sale
$695,000
408 Sunrise Avenue, Roseville, CA 95661
3,738 SF building on 0.29 acres near Douglas Boulevard.
Property Size3,738 SF
Price / SF$185.93
Days on Market330
Property Features for 408 Sunrise Avenue
General Information
Standard status
Active
Size
3,738 SF
Total Parking Spaces
14
Property subtype
Office
Zoning
NC
Building Details
Building Size
3,738 SF
Listing Agency:
RE/MAX
(916) 201-9247
Listed By:
Ranga Pathak · License #01364897
(916) 201-9247
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 20 at 4:06AM
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 RE/MAX
Investment Insights
Based on property information with market context.
The subject property is a 3,738 square foot freestanding building situated on approximately 0.29 acres of land in Roseville, California. Constructed in 1974, the building has most recently been used as a laboratory. The layout includes multiple private offices and open areas, as well as a small second story area. The property contains three restrooms and plumbing in various locations throughout the building. Zoned Neighborhood Commercial, the property allows for various uses, including retail, office, multifamily, live-work, SRO, grooming and pet services, convenience stores, and personal services. The location on Sunrise Avenue, near the Douglas Boulevard commercial corridor, provides immediate freeway access and proximity to retail, office, and other commercial businesses, as well as Sutter Roseville Medical Center and the Kaiser Permanente Roseville campus. The property is suitable for an owner-user or presents a redevelopment opportunity for multifamily or retail uses. The Placer County parcel number is 014-460-009-000.
Key Highlights
- Excellent Location: Conveniently located on Sunrise Avenue, near Douglas Boulevard, with immediate freeway access.
- Versatile Zoning: Neighborhood Commercial zoning allows for a wide range of uses.
- Redevelopment Potential: Suited for owner‑users or redevelopment into multifamily or retail projects.
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
$57,973
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
8.34%
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%
$1,159,460
$1.2M
Cap Rate 7%
$828,186
$828.2K
Cap Rate 9%
$644,144
$644.1K
Market Conditions
NOI Build-Up for 3,738 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
$87.9K $23.52/SF
− Vacancy
−$5.1K −$1.36/SF
EGI
$82.8K $22.16/SF
− OpEx
−$24.8K −$6.65/SF
NOI
$58.0K $15.51/SF
Area
Roseville, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
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%
$1,159,460
Cap Rate 7%
$828,186
Cap Rate 9%
$644,144
Alternative Uses
Best Use
Retail
$828.2K
$724.7K – $966.2K
NOI $57,973 @ 7.0% cap · market cap 8.34%
Second Best
Office B
$719.7K
$629.8K – $839.7K
NOI $50,382 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$1.03M
$900.2K – $1.20M
NOI $72,016 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,611
Businesses Nearby
Explore this area
Business Placement
Demographics for 95661, CA
32,847
Population
13,832
Households
2.4
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,650
Density / Sq Mi
$103,745
Median Household Income
$62,760
Median Earnings
$1,930
Median Rent
$667,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - 3,738 SF building on 0.29 acres near Douglas Boulevard.
Where is this office units located?
The property is located at 408 Sunrise Avenue Roseville, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Excellent Location: Conveniently located on Sunrise Avenue, near Douglas Boulevard, with immediate freeway access.; Versatile Zoning: Neighborhood Commercial zoning allows for a wide range of uses.; Redevelopment Potential: Suited for owner‑users or redevelopment into multifamily or retail projects.
