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    1616 29Th St Sacramento, CA 95816

    Sponsored
    For Sale
    Contact for pricing

    Midtown Sacramento Office: 23,649 SF

    Property size:
    23,649 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 23,649-square-foot executive office building in Sacramento, California, presents a unique investment opportunity. Located at 1616 29th Street, in the vibrant Midtown district (zip code 95816), this Class C property sits on a 0.45-acre lot at a signalized hard corner, offering excellent visibility. The building boasts modern facilities, adaptable floor plans, and cutting-edge amenities, designed to meet diverse business needs. The interior features abundant natural light and flexible spaces with contemporary design elements. Enjoy the convenience of free parking and easy access to major transportation routes, including freeway visibility and a nearby bus line. The location provides seamless access to Midtown, Downtown, West Sacramento, and East Sacramento, with easy connections to Highways 99, Business 80, I-80, and I-5. The property's proximity to Sutter Health & Mercy Hospitals is a significant advantage. Furthermore, the surrounding area offers a rich cultural experience, with numerous dining options, boutique shops, art galleries, and easy access to public transportation. Nearby landmarks include Sutter's Fort State Historic Park and the Sacramento Natural Foods Co-op, blending history, green spaces, and urban conveniences. This property is an ideal blend of accessibility, visibility, and a thriving, dynamic location.

    Property Features for 1616 29Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    23,649 SF
    Class
    C
    Lot Size
    19,602 SF

    HighLights

    • High‑visibility corner lot with signalized intersection.
    • Adjacent to Sutter Health and Mercy Hospitals.
    • Ample free parking available.
    • Excellent freeway visibility and convenient bus access.
    • Easy access to Midtown, Downtown, West Sacramento, and East Sacramento.
    • Convenient access to Highways 99, Business 80, I‑80, and I‑5.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arthur Murray Sacramento Ballroom Dance Instructor

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4714423
    Latitude
    38.566017

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    FAQs

    What type of property is this?
    Office Property / Space - Midtown Sacramento Office: 23,649 SF
    Where is this office property / space located?
    The property is located at 1616 29Th St Sacramento, CA.
    What are key features of this property?
    This property features: High-visibility corner lot with signalized intersection.; Adjacent to Sutter Health and Mercy Hospitals.; Ample free parking available.
    (916) 569-2310
    Request Owner's contact information
    1616 29Th St Sacramento, CA 95816
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    Sacramento, CA 95816
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1616 29Th St Sacramento, CA 95816
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