Ground-Floor Office
For Sale
Contact for pricing
500 N Street, Sacramento, CA 95814
Ground-floor office condo within a 15-story building, with 14 residential floors above.
Property Size1,560 SF
Price / SF$288.46
Days on Market257
Property Features for 500 N Street
General Information
Standard status
Active
Size
1,560 SF
Property subtype
OFFICE
Additional Details
Floor
Ground Floor
Public Transit
Yes
Office Units
1
Building Details
Buildings
1
Stories
15
Listing Agency:
Newmark | Sacramento
(530) 863-8379
Listed By:
Jodie Robinson
(530) 863-8379
Source:
Moodyscre
Added: Nov 19, 2025
Changed: Jul 29
Last Checked: Jul 29 at 4:27AM
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 Newmark | Sacramento
Investment Insights
Based on property information with market context.
This ground-floor office condo is 1,560 square feet and located within a 15-story building. Fourteen floors of residential units are above, with the office space on the ground level.
Positioned in an established business district, the property offers immediate access to retail, dining, and transit. It is also within walking distance of key Sacramento landmarks, including the California State Capitol, Downtown Commons (DOCO), and the Golden 1 Center.
Positioned in an established business district, the property offers immediate access to retail, dining, and transit. It is also within walking distance of key Sacramento landmarks, including the California State Capitol, Downtown Commons (DOCO), and the Golden 1 Center.
Key Highlights
- 1,560 SF ground‑floor office condo in a 15‑story building
- Building layout includes 14 residential floors above the office level
- Centrally located in an established business district with immediate access to retail, dining, and transit
Financial Insights For Office B
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 | $33.7k | $21.60 |
| − Vacancy | −$5.4k | −$3.43 |
| EGI | $28.3k | $18.17 |
| − OpEx | −$7.1k | −$4.54 |
| NOI | $21.3k | $13.62 |
1,560 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$303.6K
$265.7K – $354.2K
NOI $21,254 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$419.2K
$366.8K – $489.1K
NOI $29,344 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
8,108
Businesses Nearby
Explore this area
Business Placement
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 Office in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Ground-floor office condo within a 15-story building, with 14 residential floors above.
Where is this office units located?
The property is located at 500 N Street Sacramento, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,560 SF ground‑floor office condo in a 15‑story building; Building layout includes 14 residential floors above the office level; Centrally located in an established business district with immediate access to retail, dining, and transit
