Historic Office Building For
915 11th Street Sacramento, CA 95814
915 11th Street, Sacramento, CA, 95814
$900,000
For Sale
$900,000
Historic office building in downtown Sacramento with indoor/outdoor space.
Property Size3,901 SF
Price / SF$230.71
Days on Market115
Property Features for 915 11th Street
General Information
- Standard status
- Active
- Size
- 3,901 SF
- Property subtype
- Office
Listing Agency
CBRE - Sacramento
(916) 492-6914
Listed by
Tony Whittaker · License #01780828
(916) 492-6914
Source
Cbre
Added: Mar 25 Checked: Jul 17 at 3:08 am
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 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
Local 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 | $84.3k | $21.60 |
| − Vacancy | −$13.4k | −$3.43 |
| EGI | $70.9k | $18.17 |
| − OpEx | −$17.7k | −$4.54 |
| NOI | $53.1k | $13.62 |
3,901 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$759.3K
$664.4K – $885.8K
NOI $53,148 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.05M
$917.2K – $1.22M
NOI $73,378 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
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 $900,000.
What are key features of this property?
This property features: Downtown Sacramento location; Plenty of parking; Historic office building
