Combinable Office
For Sale
Contact for pricing
9296 Vintage Park Dr, Sacramento, CA 95829
Office units with suites combinable for up to 3,620 SF and visibility supported by daily traffic counts.
Property Size2,820 SF
Price / SF$375
Days on Market236
Property Features for 9296 Vintage Park Dr
General Information
Standard status
Active
Size
2,820 SF
Property subtype
OFFICE
Listing Agency:
Gallelli Real Estate
(916) 772-1700
Listed By:
Robb Osborne · License #01398696
(916) 770-9151
Source:
Moodyscre
Added: Jan 23
Changed: Sep 5
Last Checked: Sep 15 at 11:47AM
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 Gallelli Real Estate
Investment Insights
Based on property information with market context.
This property offers office units with suites that can be combined for approximately 3,620 square feet. The space is positioned to benefit from strong visibility and good daily traffic counts.
Located at 9296 Vintage Park Dr in Sacramento, the office setting is within a well-established residential community. The property is next to Churchhill Downs Community Park and Pat O’Brien Community Center, supporting convenient access and everyday draw from the surrounding area.
Located at 9296 Vintage Park Dr in Sacramento, the office setting is within a well-established residential community. The property is next to Churchhill Downs Community Park and Pat O’Brien Community Center, supporting convenient access and everyday draw from the surrounding area.
Key Highlights
- Suites are combinable for up to 3,620 SF
- Strong daily traffic counts supporting visibility
- Located within a well‑established residential community
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
$38,420
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
3.63%
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%
$768,400
$768.4K
Cap Rate 7%
$548,857
$548.9K
Cap Rate 9%
$426,889
$426.9K
Market Conditions
NOI Build-Up for 2,820 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
$60.9K $21.60/SF
− Vacancy
−$9.7K −$3.43/SF
EGI
$51.2K $18.17/SF
− OpEx
−$12.8K −$4.54/SF
NOI
$38.4K $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%
$768,400
Cap Rate 7%
$548,857
Cap Rate 9%
$426,889
Alternative Uses
Best Use
Office B
$548.9K
$480.3K – $640.3K
NOI $38,420 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$757.8K
$663.1K – $884.1K
NOI $53,044 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 95829, CA
32,123
Population
9,412
Households
3.4
Avg Household Size
37
Median Age
32%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,582
Density / Sq Mi
$110,269
Median Household Income
$49,691
Median Earnings
$2,021
Median Rent
$589,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Sacramento, CA
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Frequently Asked Questions
What type of property is this?
Office units - Office units with suites combinable for up to 3,620 SF and visibility supported by daily traffic counts.
Where is this office units located?
The property is located at 9296 Vintage Park Dr Sacramento, CA.
What is the asking price?
The asking price for this property is $1,057,500.
What are key features of this property?
This property features: Suites are combinable for up to 3,620 SF; Strong daily traffic counts supporting visibility; Located within a well‑established residential community
