2101 Arena Blvd Sacramento, CA 95834
- Office buildings
- 79,920 SF
- 5.33 lot acres
Current Use by Public Records
- California Department of Financial Protection and Innovation / State Government Office
Property Details for 2101 Arena Blvd
- Year built
- 2000
- Construction
- TILT-UP CONCRETE
- Lot size
- 5.33 lot acres
- Property size
- 79,920 SF
- Zone code
- EC-40-PUD
- Property type
- Office buildings
- APN
- 225-0070-093-0000
- APU
- 22500700930000
Description
This exceptional two-story executive office building, situated on a 5.33-acre lot in Sacramento, CA (95834), presents a unique investment opportunity. Boasting 78,400 square feet of meticulously maintained space, the building was constructed in 1999 and is zoned MRD. The property offers ample parking with 312 spaces available for tenants and visitors. Detailed floor plans are available, showcasing the efficient layout of approximately 37,218 square feet on the first floor and approximately 41,182 square feet on the second floor. The asking rate is $1.75 per square foot. The building benefits from excellent freeway access, making it easily accessible for employees and clients. A significant advantage is the inclusion of new modular furniture systems already in place, reducing upfront tenant improvement costs. Furthermore, the property's location provides convenient access to various retail amenities within walking distance. The building also offers prominent top signage opportunities, enhancing visibility and brand recognition. This property is ideal for a variety of uses and presents a compelling opportunity for investors seeking a well-located, high-quality office building in a thriving Sacramento market. The address is 2101 Arena Blvd.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $16,010,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $11,245,000
- 6.5%
- $12,215,000
- 7%
- $11,980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $13,835,000
- Geo Method
- $13,600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $11,285,000
- Retail
- $11,245,000
- Mixed-Use
- $10,780,000
- Hospitality
- $10,595,000
- Educational
- $11,585,000
- Residential Income
- $12,550,000
- Energy
- $13,295,000
- Income-Based Land
- $9,880,000
- Food Service
- $13,335,000
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.513
- Latitude
- 38.6471
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
