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    2015 J St Sacramento, CA 95811

    Sponsored
    For Sale
    $3,950,000

    12,896 SF Office Building, 89% Occupied

    Property size:
    12,896 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 12,896 square foot office building is located in the heart of Midtown Sacramento at 2015 J Street, zip code 95811. The property sits on a 0.3-acre lot and features a C-2-SPD zoning designation. Renovated in 2006, the building boasts a modified lease structure with multiple tenants, currently enjoying 89% occupancy. Individual tenant spaces range from approximately 398 to 3,495 square feet, with 5,277 square feet currently vacant, presenting an owner-user opportunity. The asking price is $3,950,000, translating to $306.30 per square foot. A significant advantage is the secured easement for 32 parking spaces across the street at 2015 K Street, providing a generous parking ratio of 1.7 spaces per 1,000 square feet. Several existing leases are below current market rates, indicating substantial rental growth potential. The building's prime Midtown location offers high visibility and proximity to numerous amenities, including popular restaurants and coffee shops. This presents a compelling investment opportunity with strong upside potential. The property's APN is 007-0016-019-000.

    Property Features for 2015 J St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    12,896 SF
    Lot Size
    13,068 SF

    Building Details

    Year Renovated
    2006
    Stories
    2

    HighLights

    • Prime Midtown Sacramento location at 2015 J Street, near numerous restaurants and cafes.
    • Significant rental upside potential due to below‑market lease rates and 5,277 SF of vacant space, ideal for owner‑occupancy.
    • Ample parking with a dedicated easement providing 32 spaces (1.7:1,000 ratio).
    Property Profile Location Intelligence

    Current Use by Public Records

    California Lawyer For the Arts Attorney Jan Lane Mobile ... Party Equipment Rental Service Candice May Escrow Service California Community Action ... Association / Organization Shannel La Due Escrow Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm 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
    -121.4789577
    Latitude
    38.5767772

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    FAQs

    What type of property is this?
    Office Property / Space - 12,896 SF Office Building, 89% Occupied
    Where is this office property / space located?
    The property is located at 2015 J St Sacramento, CA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: Prime Midtown Sacramento location at 2015 J Street, near numerous restaurants and cafes.; Significant rental upside potential due to below-market lease rates and 5,277 SF of vacant space, ideal for owner-occupancy.; Ample parking with a dedicated easement providing 32 spaces (1.7:1,000 ratio).
    Request Owner's contact information
    2015 J St Sacramento, CA 95811
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    Sacramento, CA 95811
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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
    2015 J St Sacramento, CA 95811
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