1455 Response RdSacramento, CA 95815

Property Details for 1455 Response Rd

Year built

1977

Construction

WOOD

Lot size

2.79 AC

Property size (Sq ft)

46,885 SF

Zone code

OB-R-PUD

Property type

Office properties

Property subtype

Office buildings

APN

277-0287-003-0000

APU

27702870030000

Description

This exceptional two-story, 46,885 square foot office building, situated on 2.61 acres in Sacramento County's Point West submarket, presents a unique investment opportunity. Built in 1976 and renovated in 1998, the Class B property boasts a desirable garden-style courtyard featuring a waterfall and ample outdoor seating. The building offers a variety of suite sizes, ranging from 1,523 to 4,281 square feet, making it suitable for a range of businesses. Multiple tenancy options are available. Convenient freeway access and proximity to numerous restaurants and amenities add to its appeal. The property includes 190 parking spaces and elevators for easy accessibility. Building and monument signage opportunities are available, along with on-site locker facilities and showers. The zoning is OB (Office Building), and the APN is 277-0287-003. The property's attractive landscaping enhances its park-like setting. Full-service gross rent is $1.55-$1.65 per square foot. This versatile property is ideal for traditional office, executive office, medical office, creative office, or coworking spaces.

• CAP approach

  CAP return

  Valuation

  6%

  $7,790,260

  6.5%

  $7,191,009

  7%

  $6,677,366

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,694,240

  Geo Method

  $6,694,240

• Alternative Use

  Use

  Valuation

  Residential

  $8,916,851

  Hospitality

  $8,167,788

  Educational

  $6,795,504

  Medical

  $7,029,211

  Retail

  $10,570,783

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.598

Longitude

-121.439

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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