Historic Professional Office
For Sale
Contact for pricing
590 E St, Lincoln, CA 95648
Charming office building with a professional layout and about 3,246 SF, within walking distance of Downtown Lincoln.
Property Size3,246 SF
Price / SF$300.37
Days on Market16
Property Features for 590 E St
General Information
Standard status
Active
Size
3,246 SF
Property subtype
OFFICE
Building Details
Buildings
1
Building Size
3,246 SF
Listing Agency:
Gallelli Real Estate
(916) 770-9151
Listed By:
Robb Osborne · License #01398696
(916) 770-9151
Source:
Moodyscre
Added: Jul 16
Changed: Jul 29
Last Checked: Jul 29 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 Gallelli Real Estate
Investment Insights
Based on property information with market context.
This historic office building offers a professional office layout in a compact footprint totaling approximately 3,246 SF. The building is positioned to support an owner-user or professional services use, with its established character and office-oriented configuration forming the foundation of the property.
Located at 590 E St in Lincoln, CA 95648, the property is described as being within walking distance to Downtown Lincoln and City Hall. The public remarks also note limited competing inventory in the submarket, which may be relevant for buyers evaluating available local options.
Located at 590 E St in Lincoln, CA 95648, the property is described as being within walking distance to Downtown Lincoln and City Hall. The public remarks also note limited competing inventory in the submarket, which may be relevant for buyers evaluating available local options.
Key Highlights
- 3,246 SF office building with a professional office layout
- Historic charm with office spaces designed for professional use
- Walking distance to Downtown Lincoln and City Hall
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 | $115.3k | $35.52 |
| − Vacancy | −$16.4k | −$5.04 |
| EGI | $98.9k | $30.48 |
| − OpEx | −$24.7k | −$7.62 |
| NOI | $74.2k | $22.86 |
3,246 SF · lease $35.52/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.06M
$927.4K – $1.24M
NOI $74,194 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,964 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Explore this area
Business Placement
Demographics for 95648, CA
54,483
Population
22,095
Households
2.5
Avg Household Size
45
Median Age
38%
College-Educated
94%
High-School Grad
144.3 sq mi
ZIP Area
378
Density / Sq Mi
$108,200
Median Household Income
$58,255
Median Earnings
$2,054
Median Rent
$635,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Charming office building with a professional layout and about 3,246 SF, within walking distance of Downtown Lincoln.
Where is this office building located?
The property is located at 590 E St Lincoln, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3,246 SF office building with a professional office layout; Historic charm with office spaces designed for professional use; Walking distance to Downtown Lincoln and City Hall
