Industrial Condo with Mezzanine
For Sale
Contact for pricing
45 Goldenland Ct, Sacramento, CA 95834
2,465 sq ft industrial condo with upgraded mezzanine office.
Property Size2,465 SF
Price / SF$210.55
Days on Market709
Property Features for 45 Goldenland Ct
General Information
Standard status
Active
Size
2,465 SF
Class
B
Property subtype
Industrial
Zoning
EC30
Building Details
Year Built
2004
Stories
1
Units
1
Listing Agency:
RE/MAX Gold Commercial
Listed By:
Greg Diodati, CCIM · License #CA #00831160
(909) 260-5824
Source:
Crexi
Added: Nov 9, 2024
Changed: Oct 3
Last Checked: Oct 16 at 7:38AM
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 Gold Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The subject property is a 2,465 sq ft industrial condo, offering a suitable environment for small businesses. The unit features upgraded office improvements, including a finished mezzanine office. This mezzanine space can be utilized as a conference room, plan room, or private office, providing flexibility for various business needs.
Key Highlights
- 2,465 sq ft Industrial Condo
- Upgraded office improvements
- Mezzanine office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,966
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,320
$539.3K
Cap Rate 7%
$385,229
$385.2K
Cap Rate 9%
$299,622
$299.6K
Market Conditions
NOI Build-Up for 2,465 SF
Gross rent
$44.4K $18.00/SF
− Vacancy
−$2.9K −$1.17/SF
EGI
$41.5K $16.83/SF
− OpEx
−$14.5K −$5.89/SF
NOI
$27.0K $10.94/SF
Area
Sacramento, CA
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,320
Cap Rate 7%
$385,229
Cap Rate 9%
$299,622
Alternative Uses
Best Use
Flex RnD
$385.2K
$337.1K – $449.4K
NOI $26,966 @ 7.0% cap · market cap 5.20%
Second Best
Industrial
$267.3K
$233.9K – $311.8K
NOI $18,709 @ 7.0% cap · market cap 3.60%
Theoretical Best
Specialty Retail
$662.4K
$579.6K – $772.8K
NOI $46,367 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95834, CA
35,617
Population
13,531
Households
2.6
Avg Household Size
34
Median Age
40%
College-Educated
90%
High-School Grad
10.0 sq mi
ZIP Area
3,562
Density / Sq Mi
$98,169
Median Household Income
$52,722
Median Earnings
$1,734
Median Rent
$518,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Sacramento, CA
Similar Off Market Nearby
- Firehouse Subs Truxel Rd — 3830 Truxel Rd #100, Sacramento, CA 95834
Frequently Asked Questions
What type of property is this?
Flex space - 2,465 sq ft industrial condo with upgraded mezzanine office.
Where is this flex space located?
The property is located at 45 Goldenland Ct Sacramento, CA.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: 2,465 sq ft Industrial Condo; Upgraded office improvements; Mezzanine office
