Freestanding Office
For Sale
Contact for pricing
900 G Street, Sacramento, CA 95814
Two-level office property with basement space, private offices, and on-site surface parking in Sacramento’s central business district.
Property Size4,440 SF
Price / SF$213.96
Days on Market56
Property Features for 900 G Street
General Information
Standard status
Active
Size
4,440 SF
Total Parking Spaces
13
Property subtype
Office
Zoning
Office/Special Planning District
Lease Type
Gross
Investment Type
Owner/User
Net Operating Income
$110,005
Additional Details
Asking Price
$950,000
Road Access
Yes
Building Details
Year Built
1950
Buildings
1
Stories
2
Tenancy
Multi
Building Size
4,440 SF
Listing Agency:
Turton Commercial Real Estate
(916) 474-5024
Listed By:
David Khedry · License #02063469
Source:
Crexi
Added: Jul 8
Changed: Aug 30
Last Checked: Aug 31 at 11:22PM
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 Turton Commercial Real Estate
Investment Insights
Based on property information with market context.
This freestanding office property provides approximately 4,440 square feet across two floors and a basement. The layout includes multiple private offices, with building access from both G Street and 9th Street. Thirteen on-site surface parking stalls are available from the 9th Street side.
Positioned in Downtown Sacramento, the property sits near the courthouse, State Capitol, retailers, restaurants, and other central business district amenities. Office zoning is identified as Office/Special Planning District. Constructed in 1950, the building offers a dedicated setting for an office user seeking a downtown location with private workspace and on-site parking.
Positioned in Downtown Sacramento, the property sits near the courthouse, State Capitol, retailers, restaurants, and other central business district amenities. Office zoning is identified as Office/Special Planning District. Constructed in 1950, the building offers a dedicated setting for an office user seeking a downtown location with private workspace and on-site parking.
Key Highlights
- Approximately 4,440 SF of office space across two floors and a basement
- 13 on‑site surface parking stalls accessed from 9th Street
- Access from both G Street and 9th Street
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
$60,491
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
6.37%
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%
$1,209,820
$1.2M
Cap Rate 7%
$864,157
$864.2K
Cap Rate 9%
$672,122
$672.1K
Market Conditions
NOI Build-Up for 4,440 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
$95.9K $21.60/SF
− Vacancy
−$15.2K −$3.43/SF
EGI
$80.7K $18.17/SF
− OpEx
−$20.2K −$4.54/SF
NOI
$60.5K $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 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%
$1,209,820
Cap Rate 7%
$864,157
Cap Rate 9%
$672,122
Alternative Uses
Best Use
Office B
$864.2K
$756.1K – $1.01M
NOI $60,491 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,516 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,897
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-level office property with basement space, private offices, and on-site surface parking in Sacramento’s central business district.
Where is this office building located?
The property is located at 900 G Street Sacramento, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 4,440 SF of office space across two floors and a basement; 13 on‑site surface parking stalls accessed from 9th Street; Access from both G Street and 9th Street
