3840 Watt Ave Bldg A Sacramento, CA 95821-2640
- Office buildings
- 3,600 SF
- 0.29 lot acres
Current Use by Public Records
- Northern California Research / Research Institute
- Goodman Law Corporation / Attorney
- Young Douglas G MD / Internist
- Douglas Glenn Young / Internist
- Robin A. Collins, FNP / Nurse Practitioner / Registered General Nurse
Property Details for 3840 Watt Ave Bldg A
- Year built
- 2005
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.29 lot acres
- Property size
- 3,600 SF
- Zone code
- BP
- Property type
- Office buildings
- APN
- 255-0031-038-0000
- APU
- 25500310380000
Description
This exceptional Class A office building, totaling 3,600 square feet, is situated on Watt Avenue in Sacramento, CA, a major thoroughfare providing convenient freeway access. Built in 2005, the single-story building features two units within a professionally managed business park, currently boasting 65% occupancy. The asking price is $859,000, translating to $238.61 per square foot. The property is zoned for Business Professional use and offers abundant parking. This presents a unique opportunity for an owner-user seeking to occupy a portion of the building while benefiting from existing rental income. The modified lease structure provides flexibility, and the central location within an established business park ensures high visibility and accessibility. With over 50% of the space available, this property is ideal for a business looking to expand or establish a presence in a thriving Sacramento market. The building's excellent condition and prime location make it a compelling investment opportunity. The net rentable area is 3,600 square feet.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $280,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $448,000
Market price range: $151k - $540k
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.381
- Latitude
- 38.6364
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA