Ground-Floor Office
For Sale
$450,000
500 N St Unit 30, Sacramento, CA 95814
Professional suite with private offices, controlled entry, building amenities, and assigned parking in a managed downtown setting.
Property Size1,560 SF
Price / SF$288.46
Days on Market81
Property Features for 500 N St Unit 30
General Information
Standard status
Active
Size
1,560 SF
Total Parking Spaces
2
Additional Details
Floor
Ground Floor
Asking Price
$450,000
Amenities
secured main lobby
on-site professional management
executive conference room
fitness center
outdoor pool deck
Building Details
Year Built
1981
Listing Agency:
Cornish & Carey Commercial
Listed By:
Kelly Rivett · License #01249433
(408) 727-9600
Source:
Myfabuloushome
Added: Jul 27
Changed: Oct 3
Last Checked: Oct 15 at 4:05AM
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 Cornish & Carey Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 30 is a 1,560-square-foot office condominium on the ground floor of Bridgeway Towers at 500 N St. The suite includes five private offices, a secured entry area, and additional work areas supporting professional operations. Large windows overlook the landscaped pool and spa area, bringing natural light into the interior.
Ownership and occupancy include access to a secured main lobby, on-site management, an executive conference room, fitness center, and outdoor pool deck. Two assigned parking deck spaces are included, a useful feature for a downtown office property. The building was completed in 1981 and is located in Downtown Sacramento, within blocks of the California State Capitol and Downtown Commons.
Ownership and occupancy include access to a secured main lobby, on-site management, an executive conference room, fitness center, and outdoor pool deck. Two assigned parking deck spaces are included, a useful feature for a downtown office property. The building was completed in 1981 and is located in Downtown Sacramento, within blocks of the California State Capitol and Downtown Commons.
Key Highlights
- 1,560‑square‑foot ground‑floor office condominium in Bridgeway Towers
- Five private offices plus secured entry and functional work areas
- Large windows face the landscaped pool and spa area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,254
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,080
$425.1K
Cap Rate 7%
$303,629
$303.6K
Cap Rate 9%
$236,156
$236.2K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$33.7K $21.60/SF
− Vacancy
−$5.4K −$3.43/SF
EGI
$28.3K $18.17/SF
− OpEx
−$7.1K −$4.54/SF
NOI
$21.3K $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%
$425,080
Cap Rate 7%
$303,629
Cap Rate 9%
$236,156
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.
How Realmo checks its estimates
Property Analytics
Current Use
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
Market
Vacancy Rate% for Office in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Office units - Professional suite with private offices, controlled entry, building amenities, and assigned parking in a managed downtown setting.
Where is this office units located?
The property is located at 500 N St Unit 30 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‑square‑foot ground‑floor office condominium in Bridgeway Towers; Five private offices plus secured entry and functional work areas; Large windows face the landscaped pool and spa area
