Owner-User Office
815 S Street Sacramento, CA 95811
For Sale
Contact for pricing
Owner-user office building with ample on-site parking and an open interior layout that can be reconfigured.
Property Size13,919 SF
Lot Size0.51 Acres
Price / SF$251.45
Days on Market74
Property Features for 815 S Street
General Information
- Standard status
- Active
- Size
- 13,919 SF
- Lot size
- 0.51 Acres
- Property subtype
- Office, Land, Special Purpose
Building Details
- Year Built
- 1984
Listing Agency:
CBRE - Sacramento
(916) 492-6914
Listed By:
Tony Whittaker · License #CA 01780828
Source:
Crexi
Added: May 11
Changed: Jul 23
Last Checked: Jul 23 at 12:46PM
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 CBRE - Sacramento
Investment Insights
Based on property information with market context.
This owner-user office building offers approximately 13,919 square feet within an about 22,076 square foot site. The property features open interior architecture designed to be easily reconfigured, supported by ample on-site parking.
Located at 815 S Street in Sacramento’s Central Business District, the building is described as having quick and easy access to Midtown and other parts of the CBD. The surrounding area includes retail, residential, and governmental developments.
The remarks also note proximity to the State Capitol, Downtown Commons, Golden 1 Center, the newly expanded Sacramento Convention Center, and SAFE Credit Union Performing Arts Center, with the property positioned within walking distance of major downtown office buildings and state office buildings.
Located at 815 S Street in Sacramento’s Central Business District, the building is described as having quick and easy access to Midtown and other parts of the CBD. The surrounding area includes retail, residential, and governmental developments.
The remarks also note proximity to the State Capitol, Downtown Commons, Golden 1 Center, the newly expanded Sacramento Convention Center, and SAFE Credit Union Performing Arts Center, with the property positioned within walking distance of major downtown office buildings and state office buildings.
Key Highlights
- Owner‑user office building built in 1984 in Sacramento’s Central Business District.
- 13,919 SF office building on 22,076 SF of land on S Street between Eighth and Ninth Streets.
- Offered at $3,500,000 ($251/SF of net rentable area; $159/SF of land).
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 | $300.7k | $21.60 |
| − Vacancy | −$47.8k | −$3.43 |
| EGI | $252.8k | $18.17 |
| − OpEx | −$63.2k | −$4.54 |
| NOI | $189.6k | $13.62 |
13,919 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.71M
$2.37M – $3.16M
NOI $189,635 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.74M
$3.27M – $4.36M
NOI $261,816 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wind Youth Services
Child Welfare Organization
LLC Cdomartinee
Artist
Ross Nott, Attorney ...
Law Firm
M Teresa Abad ...
Law Firm
Donald J Scott
Law Firm
FAQs
What type of property is this?
Office building - Owner-user office building with ample on-site parking and an open interior layout that can be reconfigured.
Where is this office building located?
The property is located at 815 S Street Sacramento, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Owner‑user office building built in 1984 in Sacramento’s Central Business District.; 13,919 SF office building on 22,076 SF of land on S Street between Eighth and Ninth Streets.; Offered at $3,500,000 ($251/SF of net rentable area; $159/SF of land).
