Medical Office Condo For
9381 E Stockton Blvd Elk Grove, CA 95624
For Sale
Contact for pricing
Pending
Medical office condo available in Elk Grove, CA.
Property Size2,497 SF
Days on Market644
Property Features for 9381 E Stockton Blvd
General Information
- Standard status
- Pending
- Size
- 2,497 SF
- Property subtype
- Office
Listing Agency:
CBRE - Sacramento
(916) 662-4594
Listed By:
Mark Tabak · License #CA 01766396
Source:
Crexi
Added: Oct 18, 2024
Changed: Jul 6
Last Checked: Jul 22 at 1:58PM
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.
A medical office condo is available for purchase on E. Stockton Blvd. in Elk Grove, California. The property is visible from Highway 99 and has a size of 2497 square feet.
Key Highlights
- Medical office condo
- Located on E. Stockton Blvd.
- In Elk Grove, CA
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 | $55.4k | $22.20 |
| − Vacancy | −$9.1k | −$3.64 |
| EGI | $46.3k | $18.56 |
| − OpEx | −$11.6k | −$4.64 |
| NOI | $34.8k | $13.92 |
2,497 SF · lease $22.20/SF/yr · vacancy 16.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$496.5K
$434.5K – $579.3K
NOI $34,757 @ 7.0% cap · market cap 3.61%
Second Best
Healthcare Medical
$472.6K
$413.5K – $551.3K
NOI $33,080 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$624.1K
$546.1K – $728.1K
NOI $43,687 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Margarita Escobar at the Escobar ...
Real Estate Agency
Land Home Financial ...
Loan Service
Case Dental Group
Dental Office
Family Smile Center
Dental Office
Dr. Christine N. ...
Dental Office
Similar Off Market Nearby
- Veterinary Emergency Group — 9141 W Stockton Blvd #100, Elk Grove, CA 95758
- Dr. Trissauna Larson — 8640 Elk Grove Blvd, Elk Grove, CA 95624
- Armstrong Grace DVM — 8640 Elk Grove Blvd, Elk Grove, CA 95624
- Rebecca Vanriper — 8640 Elk Grove Blvd, Elk Grove, CA 956241701
FAQs
What type of property is this?
Medical Office Space - Medical office condo available in Elk Grove, CA.
Where is this medical office space located?
The property is located at 9381 E Stockton Blvd Elk Grove, CA.
What is the asking price?
The asking price for this property is $962,000.
What are key features of this property?
This property features: Medical office condo; Located on E. Stockton Blvd.; In Elk Grove, CA
