10190 Systems Pkwy Sacramento, CA 95827
- Industrial properties
- 19,630 SF
- 1.47 lot acres
Current Use by Public Records
- New Life Foursquare Church / Church
- New Life Preschool & Learning / Preschool
Property Details for 10190 Systems Pkwy
- Year built
- 1988
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.47 lot acres
- Property size
- 19,630 SF
- Zone code
- OIMU
- Property type
- Industrial properties
- APN
- 077-0360-032-0000
- APU
- 7703600320000
Description
Exceptional investment opportunity: a 19,630-square-foot flex building located at 10190 Systems Parkway, Sacramento, CA 95827. This single-story, 100% occupied property boasts four loading docks and sits on a 1.47-acre lot. Built in 1988 and extensively renovated in 2020 and 2023, the building features a desirable OIMU zoning designation. Currently housing three tenants, including the State of California (occupying 83% of the space), this stabilized asset offers a strong 5.08% cap rate and a substantial net operating income (NOI) of $160,068. The asking price is $3,150,000, translating to $160.47 per square foot. This property presents a compelling investment opportunity, particularly for those seeking a 1031 exchange. The property's strong tenancy and recent renovations ensure a stable and potentially appreciating asset. The under-market rents provide an opportunity for future income growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.314
- Latitude
- 38.5639
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
