Historic Office Building For
For Sale
$960,061
915 11th Street, Sacramento, CA 95814
Historic office building in downtown Sacramento with indoor/outdoor space.
Property Size3,901 SF
Price / SF$246.11
Days on Market206
Property Features for 915 11th Street
General Information
Standard status
Active
Size
3,901 SF
Property subtype
Office
Listing Agency:
CBRE | Sacramento
Listed By:
Tony Whittaker · License #01780828
(916) 492-6914
Source:
Cbre
Added: Mar 25
Changed: Oct 5
Last Checked: Oct 16 at 6:56AM
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
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Investment Insights
Based on property information with market context.
This historic office building, located in downtown Sacramento, offers 3,901 square feet of space. The property features both indoor and outdoor areas and includes ample parking. This presents a right-size opportunity for prospective buyers.
Key Highlights
- Downtown Sacramento location
- Plenty of parking
- Historic office building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,148
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,062,960
$1.1M
Cap Rate 7%
$759,257
$759.3K
Cap Rate 9%
$590,533
$590.5K
Market Conditions
NOI Build-Up for 3,901 SF
Gross rent
$84.3K $21.60/SF
− Vacancy
−$13.4K −$3.43/SF
EGI
$70.9K $18.17/SF
− OpEx
−$17.7K −$4.54/SF
NOI
$53.1K $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%
$1,062,960
Cap Rate 7%
$759,257
Cap Rate 9%
$590,533
Alternative Uses
Best Use
Office B
$759.3K
$664.4K – $885.8K
NOI $53,148 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.05M
$917.2K – $1.22M
NOI $73,378 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,335
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Office building - Historic office building in downtown Sacramento with indoor/outdoor space.
Where is this office building located?
The property is located at 915 11th Street Sacramento, CA.
What is the asking price?
The asking price for this property is $960,061.
What are key features of this property?
This property features: Downtown Sacramento location; Plenty of parking; Historic office building
