Sacramento Commercial Property For
For Sale
$199,000
500 N Street 103, Sacramento, CA 95814
Commercial property for sale in Sacramento, California.
Property Size439 SF
Days on Market147
Property Features for 500 N Street 103
General Information
Standard status
Active
Size
439 SF
Total Parking Spaces
1
Zoning
R-5-SPDR-5-SPDR-5-SPD
Amenities
Multiple Tenant Building, Other Restroom Facilities, Dumpster, Elevator(s)
Central Air
Central
Elevator
Private
Building Details
Building Size
439 SF
Year Built
1981
Stories
15
Listing Agency:
RE/MAX Gold
(916) 201-9247
Listed By:
Ranganayaki Ranga Pathak · License #01364897
(916) 201-9247
Source:
Evrealestate
Added: Mar 16
Changed: Aug 8
Last Checked: Jul 16 at 6:27AM
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
Investment Insights
Based on property information with market context.
A commercial property is available for purchase in Sacramento, California. The property is located off Highway 5, accessible by turning onto J Street, then 3rd Street, then Q Street, and finally 5th Street. Parking is available in the garage or on the street. The county for the property is Sacramento.
Key Highlights
- Central air conditioning for year‑round comfort
- Central heating to keep you warm in the winter
- Elevator access
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
$6,808
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
3.42%
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%
$136,160
$136.2K
Cap Rate 7%
$97,257
$97.3K
Cap Rate 9%
$75,644
$75.6K
Market Conditions
NOI Build-Up for 439 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
$10.3K $23.52/SF
− Vacancy
−$599 −$1.36/SF
EGI
$9.7K $22.16/SF
− OpEx
−$2.9K −$6.65/SF
NOI
$6.8K $15.51/SF
Area
Sacramento, 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%
$136,160
Cap Rate 7%
$97,257
Cap Rate 9%
$75,644
Alternative Uses
Best Use
Retail
$97.3K
$85.1K – $113.5K
NOI $6,808 @ 7.0% cap · market cap 3.42%
Second Best
Industrial
$47.6K
$41.7K – $55.5K
NOI $3,332 @ 7.0% cap · market cap 1.67%
Theoretical Best
Specialty Retail
$118.0K
$103.2K – $137.6K
NOI $8,258 @ 7.0% cap · market cap 4.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,639
Businesses Nearby
138k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 59%
Hotels & Casinos 28%
Dining 13%
Macy's
Apparel
81,940 visits/mo
0.3 miles
Holiday Inn Sacramento Downtown - Arena
Hotels & Casinos
16,577 visits/mo
0.4 miles
Embassy Suites By Hilton Sacramento Riverfront Promenade
Hotels & Casinos
15,852 visits/mo
0.4 miles
Joe's Crab Shack
Dining
12,785 visits/mo
0.4 miles
The Exchange Sacramento, Curio Collection By Hilton
Hotels & Casinos
6,241 visits/mo
0.4 miles
Demographics for 95814, CA
12,208
Population
7,972
Households
1.5
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
8,720
Density / Sq Mi
$46,637
Median Household Income
$57,500
Median Earnings
$1,226
Median Rent
$621,400
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Commercial property for sale in Sacramento, California.
Where is this parking lot & garage located?
The property is located at 500 N Street 103 Sacramento, CA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Central air conditioning for year‑round comfort; Central heating to keep you warm in the winter; Elevator access
