Office Condo For
9700 Business Park Dr Sacramento, CA
9700 Business Park Dr, Sacramento, CA, 00000
Contact for pricing
For Sale
Contact for pricing
2,400 SF office condo with income and owner/user potential.
Property Size2,400 SF
Lot Size0.19 Acres
Price / SF$175
Days on Market1646
Property Features for 9700 Business Park Dr
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.19 Acres
- Property subtype
- OFFICE
Listing Agency
Kidder Mathews | Sacramento
(916) 751-3611
Listed by
Dennis Shorrock
Source
Moodyscre
Added: Jan 13, 2022 Checked: Jul 17 at 4:05 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 Kidder Mathews | Sacramento
Investment Insights
Based on property information with market context.
This is a 2,400 square foot office condo for sale with existing income. The property consists of two suites, 406 and 407, with approximately 1,025 square feet available for an owner/user. The space includes a reception area, three offices, and a kitchen/break room. The property is located in a well-maintained office park setting with access to Highway 50. Ample parking is available on site.
Key Highlights
- ±2,400 SF condo with income potential.
- ±1,025 SF available for Owner/User (Suite 406 & 407).
- Well maintained office park setting.
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 | $51.8k | $21.60 |
| − Vacancy | −$8.2k | −$3.43 |
| EGI | $43.6k | $18.17 |
| − OpEx | −$10.9k | −$4.54 |
| NOI | $32.7k | $13.62 |
2,400 SF · lease $21.60/SF/yr · vacancy 15.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$467.1K
$408.7K – $545.0K
NOI $32,698 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$644.9K
$564.3K – $752.4K
NOI $45,144 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sacramento Veterinary Surgical: ...
Veterinary Clinic
Denx Dental Lab
Dental Office
Luigi Piciucco Inc
Physician
Drug Detection Laboratories
Medical Laboratory
Blue Heart International
Charitable Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 2,400 SF office condo with income and owner/user potential.
Where is this office units located?
The property is located at 9700 Business Park Dr Sacramento, CA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: ±2,400 SF condo with income potential.; **±1,025 SF available for Owner/User (Suite 406 & 407).**; Well maintained office park setting.
