3444 Marconi AveSacramento, CA 95821

Property Details for 3444 Marconi Ave

Year built

1969

Construction

WOOD

Lot size

0.39 AC

Property size (Sq ft)

4,096 SF

Zone code

LC

Property type

Office properties

Property subtype

Office buildings

APN

268-0231-024-0000

APU

26802310240000

Description

This single-story, 4,200-square-foot office building in Sacramento, CA, presents a compelling owner-user or investment opportunity. Located at 3444 Marconi Ave, 95821, this Class B property sits on a 0.39-acre lot and boasts a mid-century modern design. Built in 1969, the building features a recently replaced roof (within the last two years) and offers secure parking, including covered rear parking. The property is currently vacant and zoned LC, making it ideal for a variety of uses. Its convenient location offers easy access to major freeways (I-80, Business 80, and Hwy 50), placing it within close proximity to both Downtown Sacramento and Roseville. The asking price is $1,050,000, translating to $250 per square foot. The building's previous tenant was an architectural/structural design firm, suggesting its suitability for similar businesses. The property's strong demographics and numerous nearby amenities further enhance its appeal. This is a rare opportunity to acquire a well-maintained, conveniently located office building in a thriving Sacramento neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $542,330

  6.5%

  $500,613

  7%

  $464,855

• Comparable approach

  Method

  Valuation

  Relative Method

  $584,827

  Geo Method

  $584,827

• Alternative Use

  Use

  Valuation

  Residential

  $620,760

  Hospitality

  $568,613

  Educational

  $473,079

  Medical

  $489,349

  Retail

  $735,901

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.6173

Longitude

-121.384

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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