East Sacramento Office Building Near
716 Alhambra Blvd Sacramento, CA 95816
716 Alhambra Blvd, Sacramento, CA, 95816
Contact for pricing
For Sale
Contact for pricing
Two-story office building in desirable East Sacramento neighborhood.
Property Size5,320 SF
Price / SF$262.97
Days on Market119
Property Features for 716 Alhambra Blvd
General Information
- Standard status
- Active
- Size
- 5,320 SF
- Property subtype
- Office
Building Details
- Year Built
- 1979
Listing Agency
ROME Real Estate Group
(916) 705-8132
Listed by
Chase Burke · License #CA 01879336
Source
Crexi
Added: Mar 20 Checked: Jul 16 at 4:00 am
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 ROME Real Estate Group
Investment Insights
Based on property information with market context.
Located on Alhambra Boulevard in East Sacramento, this two-story office building offers approximately 5,320 square feet of space. The property is situated directly adjacent to McKinley Park, a 32-acre landmark known for its rose garden, farmers market, community pool, and year-round community events. The building is zoned OB-SPD (Office Business Low-Rise Mixed-Use, Special Planning District), providing flexibility for both owner-users and investors. The location offers convenient access to nearby amenities, including Canon, Allora, Kru, Selland's Market Café, and Chocolate Fish Coffee. Business 80 and Highway 50 provide access to Downtown, Midtown, and the broader Sacramento metro area. The building has established professional tenants in health services and law.
Key Highlights
- Prime location directly adjacent to McKinley Park.
- Located in East Sacramento, a highly desirable neighborhood.
- Strong tenant history with established professional tenants.
Local 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 | $114.9k | $21.60 |
| − Vacancy | −$18.3k | −$3.43 |
| EGI | $96.6k | $18.17 |
| − OpEx | −$24.2k | −$4.54 |
| NOI | $72.5k | $13.62 |
5,320 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.04M
$906.0K – $1.21M
NOI $72,481 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,069 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Art & Soul Therapy
Counselor
Klippel & Sening Engineering
Structural Engineer
Train & Sening & Hoffman
Land Surveyor
Littman Phillip
Psychotherapist
Lindsay Parkinson
Counselor
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-story office building in desirable East Sacramento neighborhood.
Where is this office building located?
The property is located at 716 Alhambra Blvd Sacramento, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Prime location directly adjacent to McKinley Park.; Located in East Sacramento, a highly desirable neighborhood.; Strong tenant history with established professional tenants.
