Remodeled End-Cap Office
7840 Madison Avenue #148, Fair Oaks, CA 95628
For Sale
New
$280,000
A private office, open workspace, and dedicated restroom are complemented by a prominent window line.
Property Size1,372 SF
Price / SF$204.08
Days on Market3
Property Features for 7840 Madison Avenue #148
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Condition
HOA Fee
Property Use
Amenities
private restroom
common restrooms
Building Details
Building Size
Stories
Units
Listing Agency:
RE/MAX Gold
2187500
Listed By:
Ranga Pathak · License CA #01364897
(916) 201-9247
Source:
Kdumashomes
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 12:03AM
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
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.
This 1,372-square-foot office unit has a remodeled interior with one private office, open workspace, and a private restroom. The end-cap position provides an extensive window line, and the space also has access to common restrooms in the building.
The unit fronts Madison Avenue and has potential for signage. Utilities, including air conditioning, are included in the OA dues. Building expenses and grounds maintenance are also covered by the dues.
The unit fronts Madison Avenue and has potential for signage. Utilities, including air conditioning, are included in the OA dues. Building expenses and grounds maintenance are also covered by the dues.
Key Highlights
- 1,372‑square‑foot end‑cap office unit
- Remodeled buildout with one private office and open workspace
- Private restroom, plus access to building common restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,457
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,140
$429.1K
Cap Rate 7%
$306,529
$306.5K
Cap Rate 9%
$238,411
$238.4K
Market Conditions
NOI Build-Up for 1,372 SF
Gross rent
$35.2K $25.68/SF
− Vacancy
−$6.6K −$4.83/SF
EGI
$28.6K $20.85/SF
− OpEx
−$7.2K −$5.21/SF
NOI
$21.5K $15.64/SF
Area
Sacramento County, CA
Vacancy
18.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,140
Cap Rate 7%
$306,529
Cap Rate 9%
$238,411
Alternative Uses
Best Use
Office B
$306.5K
$268.2K – $357.6K
NOI $21,457 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$365.5K
$319.8K – $426.4K
NOI $25,585 @ 7.0% cap · market cap 9.14%
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
1,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 95628, CA
42,824
Population
17,417
Households
2.5
Avg Household Size
46
Median Age
44%
College-Educated
96%
High-School Grad
12.9 sq mi
ZIP Area
3,320
Density / Sq Mi
$111,582
Median Household Income
$57,050
Median Earnings
$1,857
Median Rent
$615,400
Median Home Value
Market
Properties on Market for Office Units in Fair Oaks
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A private office, open workspace, and dedicated restroom are complemented by a prominent window line.
Where is this office unit located?
The property is located at 7840 Madison Avenue #148 Fair Oaks, CA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,372‑square‑foot end‑cap office unit; Remodeled buildout with one private office and open workspace; Private restroom, plus access to building common restrooms
