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Freestanding Building Near Granite Bay
For Sale
$2,150,000

8203 Sierra College Boulevard, Roseville, CA 95661

Freestanding Roseville building suitable for professional or medical office use.

Property Size4,728 SF
Price / SF$454.74
Days on Market332

Property Features for 8203 Sierra College Boulevard

General Information

Standard status Active
Size 4,728 SF
Property subtype Health Care

Building Details

Building Size 4,728 SF
Listing Agency: RE/MAX
Listed By: Ranga Pathak · License #01364897
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 22 at 3:30AM

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

Investment Insights

Based on property information with market context.

This freestanding building is located in Roseville, California, in close proximity to the Granite Bay community. The 4,728 square-foot property is fully improved and features an entrance lobby. The layout includes an office suite on either side of the lobby, each containing multiple private offices and open areas. The building also includes two restrooms and two break rooms. The zoning allows for use as a professional or medical office.

Key Highlights

  • Freestanding building
  • Suitable for professional or medical office use
  • Fully improved with private offices and open areas

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,339
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.99%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,286,780 $1.3M
Cap Rate 7%
$919,129 $919.1K
Cap Rate 9%
$714,878 $714.9K
Market Conditions
NOI Build-Up for 4,728 SF 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.
Gross rent
$119.1K $25.20/SF
− Vacancy
−$11.9K −$2.52/SF
EGI
$107.2K $22.68/SF
− OpEx
−$42.9K −$9.07/SF
NOI
$64.3K $13.61/SF
Area
Roseville, CA
Vacancy
10.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,286,780
Cap Rate 7%
$919,129
Cap Rate 9%
$714,878

Alternative Uses

Best Use
Healthcare Medical
$919.1K
$804.2K – $1.07M (±1% cap)
NOI $64,339 @ 7.0% cap · market cap 2.99%
Second Best
Office B
$910.4K
$796.6K – $1.06M (±1% cap)
NOI $63,726 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,090 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Farmers Insurance - Brad ... Insurance Agency Law Offices of Frank ... Law Firm Kristine Hardey, M.A. ... Corporate Office Kristine Hardey, Licensed ... Corporate Office EBox Energy Electric Utility Company

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store HVAC Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,630
Businesses Nearby
Well-served
Demand for This Use

Demographics for 95661, CA

32,847
Population
13,832
Households
2.4
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,650
Density / Sq Mi
$103,745
Median Household Income
$62,760
Median Earnings
$1,930
Median Rent
$667,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Freestanding Roseville building suitable for professional or medical office use.
Where is this medical office space located?
The property is located at 8203 Sierra College Boulevard Roseville, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Freestanding building; Suitable for professional or medical office use; Fully improved with private offices and open areas
More about this property
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