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Office/Art Studios Space For Sale

4330 24th St Sacramento, CA

4330 24th St, Sacramento, CA, 00000
Contact for pricing
For Sale
Contact for pricing

Office and art studio space available with high visibility.

Property Size8,182 SF
Lot Size0.14 Acres
Price / SF$85.55
Days on Market234

Property Features for 4330 24th St

General Information

Standard status
Active
Size
8,182 SF
Lot size
0.14 Acres
Property subtype
INDUSTRIAL
Listing Agency Newmark | Sacramento
Listed by Kelly Rivett · License #01249433
Source Moodyscre
Added: Nov 24, 2025 Checked: Jul 16 at 4:16 am

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 Newmark | Sacramento


Investment Insights

Based on property information with market context.

This property features office and art studio spaces available for sale. The building is constructed with pre-cast concrete tilt-up architecture. It benefits from high walkability, with a score of 79, and offers high visibility due to its street-fronting location. The property's current capitalization rate is 8.75%, while the market capitalization rate is 13.9%. The property contains short-term leases and long-term tenants. The building has a total area of 8,182 square feet.

Key Highlights

  • Market Cap Rate: 13.9%
  • Current Cap Rate: 8.75%
  • High Visibility Street Fronting

Local Financial Insights For Industrial

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 $94.3k $11.52
− Vacancy −$5.5k −$0.68
EGI $88.7k $10.84
− OpEx −$26.6k −$3.25
NOI $62.1k $7.59
8,182 SF · lease $11.52/SF/yr · vacancy 5.88% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,473 @ 7.0% cap · market cap 15.92%
Second Best
Flex RnD
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,507 @ 7.0% cap · market cap 12.79%
Theoretical Best
Specialty Retail
$2.20M
$1.92M – $2.57M (±1% cap)
NOI $153,903 @ 7.0% cap · market cap 21.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Global Driving School Training Center 360 Motorsports llc Car Dealership Barbetta Lockart Contemporary ... Art Gallery Carstock Car Dealership

Suggested Use

HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Kitchen & Bath Showroom Garden Center Law Firm Catering Service Storage Facility (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Office and art studio space available with high visibility.
Where is this flex space located?
The property is located at 4330 24th St Sacramento, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Market Cap Rate: 13.9%; Current Cap Rate: 8.75%; High Visibility Street Fronting
Contact an agent
(916) 606-8600 Call to check price and availability
More about this property
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