Three-Story Office
For Sale
$3,567,000
800 9th St, Sacramento, CA 95814
Flexible downtown office property with elevator service, on-site parking, and a corner parcel across from Sacramento City Hall.
Property Size21,620 SF
Lot Size0.17 Acres
Price / SF$164.99
Days on Market48
Property Features for 800 9th St
General Information
Standard status
Active
Size
21,620 SF
Total Parking Spaces
15
Elevators
Yes
Lot size
0.17 Acres
Property subtype
Office Vacant-User
Site & Location
Neighborhood
Alkali Flat
Highway Access
Yes
Public Transit
Yes
Amenities
Prime Downtown Sacramento Location Across from City Hall
Flexible Owner-User or Multi-Tenant Investment Opportunity
Walkable Access to Government, Entertainment, and Business Destinations
Building Details
Building Size
21,620 SF
Year Built
1972
Year Renovated
2002
Buildings
1
Stories
3
Construction
reinforced concrete
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Sacramento
Listed By:
Mark Hefner · License #License(s): CA: 00823945, NV: BS.1000677, OR: 201211829, WA: 24003
(916) 804-0262
Source:
Marcusmillichap
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 30 at 10:27AM
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 Marcus & Millichap - Sacramento
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Investment Insights
Based on property information with market context.
This three-story office building contains approximately 21,620 square feet on a 7,350-square-foot corner parcel. Constructed in 1972 and extensively renovated in 2002, the property has reinforced concrete construction, elevator access to every floor, fifteen on-site parking spaces, and flexible multi-tenant floor plates. The configuration supports continued multi-tenant operation or an owner-user headquarters with space available for supplemental rental income.
The property is positioned in Sacramento’s Central Business District at 800 9th Street, directly across from Sacramento City Hall. The California State Capitol, Sacramento County offices, Downtown Commons, Golden 1 Center, the SAFE Credit Union Convention Center, and numerous state and federal agencies are within walking distance. Interstate 5, Highway 50, Interstate 80, Sacramento Valley Station, light rail, and regional bus service provide access throughout the Sacramento metropolitan area.
The property is positioned in Sacramento’s Central Business District at 800 9th Street, directly across from Sacramento City Hall. The California State Capitol, Sacramento County offices, Downtown Commons, Golden 1 Center, the SAFE Credit Union Convention Center, and numerous state and federal agencies are within walking distance. Interstate 5, Highway 50, Interstate 80, Sacramento Valley Station, light rail, and regional bus service provide access throughout the Sacramento metropolitan area.
Key Highlights
- Approximately 21,620‑square‑foot office building on a 7,350‑square‑foot corner parcel
- Three‑story layout with flexible multi‑tenant floor plates
- Constructed in 1972 and extensively renovated in 2002
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$294,555
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,891,100
$5.9M
Cap Rate 7%
$4,207,929
$4.2M
Cap Rate 9%
$3,272,833
$3.3M
Market Conditions
NOI Build-Up for 21,620 SF
Gross rent
$467.0K $21.60/SF
− Vacancy
−$74.3K −$3.43/SF
EGI
$392.7K $18.17/SF
− OpEx
−$98.2K −$4.54/SF
NOI
$294.6K $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%
$5,891,100
Cap Rate 7%
$4,207,929
Cap Rate 9%
$3,272,833
Alternative Uses
Best Use
Office B
$4.21M
$3.68M – $4.91M
NOI $294,555 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.81M
$5.08M – $6.78M
NOI $406,672 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7,231
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Office building - Flexible downtown office property with elevator service, on-site parking, and a corner parcel across from Sacramento City Hall.
Where is this office building located?
The property is located at 800 9th St Sacramento, CA.
What is the asking price?
The asking price for this property is $3,567,000.
What are key features of this property?
This property features: Approximately 21,620‑square‑foot office building on a 7,350‑square‑foot corner parcel; Three‑story layout with flexible multi‑tenant floor plates; Constructed in 1972 and extensively renovated in 2002
