Two-Room Office
For Sale
$139,000
500 N St Unit 109, Sacramento, CA 95814
Compact office condominium with two adjoining rooms and dedicated garage parking in a secured building.
Property Size329 SF
Price / SF$422.49
Days on Market52
Property Features for 500 N St Unit 109
General Information
Standard status
Active
Size
329 SF
Total Parking Spaces
1
Property subtype
Commercial
Site & Location
Neighborhood
Downtown
Highway Access
Yes
Building Details
Year Built
1981
Listing Agency:
RE/MAX Gold
Listed By:
Ranganayaki Ranga Pathak · License #01364897
(916) 201-9247
Source:
Homesofgreatersacramento
Added: Sep 2
Changed: Oct 3
Last Checked: Oct 23 at 7:16AM
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
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Investment Insights
Based on property information with market context.
This office condominium offers two adjacent rooms within a secured building and includes one assigned parking space in the garage. The property was built in 1981 and is suited to an office user seeking a small downtown setting.
The unit is located at 500 N St Unit 109 in Sacramento, one block from Capitol Mall. Freeway access is immediate, while downtown restaurants and attractions are located nearby.
The unit is located at 500 N St Unit 109 in Sacramento, one block from Capitol Mall. Freeway access is immediate, while downtown restaurants and attractions are located nearby.
Key Highlights
- Two adjacent office rooms
- One parking space in the secured building garage
- One block from Capitol Mall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,482
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$89,640
$89.6K
Cap Rate 7%
$64,029
$64.0K
Cap Rate 9%
$49,800
$49.8K
Market Conditions
NOI Build-Up for 329 SF
Gross rent
$7.1K $21.60/SF
− Vacancy
−$1.1K −$3.43/SF
EGI
$6.0K $18.17/SF
− OpEx
−$1.5K −$4.54/SF
NOI
$4.5K $13.62/SF
Area
Sacramento, CA
Vacancy
15.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$89,640
Cap Rate 7%
$64,029
Cap Rate 9%
$49,800
Alternative Uses
Best Use
Office B
$64.0K
$56.0K – $74.7K
NOI $4,482 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$88.4K
$77.4K – $103.1K
NOI $6,188 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6,639
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
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Market
Vacancy Rate% for Office in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Office unit - Compact office condominium with two adjoining rooms and dedicated garage parking in a secured building.
Where is this office unit located?
The property is located at 500 N St Unit 109 Sacramento, CA.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two adjacent office rooms; One parking space in the secured building garage; One block from Capitol Mall
