Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    11290 Pt Dr Rancho Cordova, CA 95742
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11290 Pt Dr Rancho Cordova, CA 95742

    View on Map
    • Office properties & Spaces
    • 22,802 SF
    • 1.54 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 11290 Pt Dr

    Year built
    1987
    Lot size
    1.54 lot acres
    Property size
    22,802 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional 22,802 square foot office building, situated on a 1.54-acre lot in Rancho Cordova, California, presents a compelling investment opportunity. The property, located at 11290 Point East Drive, boasts a prime location with partial visibility from Highway 50 and proximity to major hotels, ensuring high visibility and convenient access. Built in 1987, this Class B, two-story building features updated offices and is currently 100% occupied by a single tenant. The permitted zoning is MP (though marketing materials list GC, this discrepancy needs clarification). The asking price is $3,290,000, translating to $144.29 per square foot. The property consists of one building and offers significant potential for future growth and development. The current owner is willing to execute a leaseback agreement, providing a stable income stream for the new owner. This presents a unique opportunity to acquire a well-maintained, fully occupied office building in a desirable location with the added benefit of a potential leaseback arrangement. The Assessor's Parcel Number (APN) is 058-0270-035. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Cordova
    County
    Sacramento
    State
    California
    Longitude
    -121.266
    Latitude
    38.6091

    Comparable in this City

    • Value Estimation by Request
      39,136 SF

      20-006 Aerojet Rd

      Office properties & Spaces • 39,136 SF
      20-006 Aerojet Rd, Rancho Cordova, CA 95742
      View Details
    • Value Estimation by Request
      57,830 SF

      3301-3333 Sunrise Blvd

      Distribution properties • 57,830 SF
      3301-3333 Sunrise Blvd, Rancho Cordova, CA 95742
      View Details
    • Value Estimation by Request
      3,499 SF

      2951 Sunrise Blvd

      Medical Office Space • 3,499 SF
      2951 Sunrise Blvd, Rancho Cordova, CA 95742
      View Details
    • Value Estimation by Request
      1,182 SF

      11465 Sunrise Gold Circ

      CONDOMINIUM OFFICES • 1,182 SF
      11465 Sunrise Gold Circ, Rancho Cordova, CA 95742-6523
      View Details
    • Value Estimation by Request
      1,185 SF

      11415 Sunrise Gold Cir

      Life science properties • 1,185 SF
      11415 Sunrise Gold Cir, Rancho Cordova, CA 95742
      View Details
    • Value Estimation by Request
      7,000 SF

      12167 Folsom Blvd

      Distribution properties • 7,000 SF
      12167 Folsom Blvd, Rancho Cordova, CA 95742
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,245 SF

      Rancho Cordova Commercial Building

      22,245 SF building on 3.15 acres in Rancho Cordova.
      12527 Folsom Blvd, Rancho Cordova, CA 95742
      View Details
    • Contact for pricing

      Rancho Cordova Commercial Property

      Commercial property in Rancho Cordova with multiple potential uses.
      12519 Folsom Blvd, Rancho Cordova, CA 95742
      View Details
    • $1,175,000

      Rancho Cordova Flex Space Available

      Flex space featuring high-end office finishes and warehouse component.
      11362 Monier Park Pl, Rancho Cordova, CA 95742
      View Details
    • Contact for pricing

      Rancho Cordova Industrial Land Available

      Two industrial parcels totaling approximately 7.5 acres, highway access.
      Luyung Dr, Rancho Cordova, CA 95742
      View Details
    • Contact for pricing
      10,000 SF

      Rancho Cordova Auto Dismantling Property

      Industrial property suitable for auto dismantling in Rancho Cordova, CA.
      3644 Recycle Rd, Rancho Cordova, CA 95742
      View Details
    • $640,000
      3,200 SF

      Rancho Cordova Industrial Space

      Industrial property featuring a reception area, private offices, and restroom.
      11355 Folsom Blvd, Rancho Cordova, CA 95742
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Remodeled Commercial Building For Rent

      Recently remodeled commercial building with office and retail spaces available.
      2865 Sunrise Blvd, Rancho Cordova, CA 95742
      View Details
    • Contact for pricing

      Destination Entertainment Shopping Center Space

      Established shopping center with entertainment and restaurant tenants.
      12401 Folsom Blvd, Rancho Cordova, CA 95742
      View Details
    • Contact for pricing

      Remodeled Office Buildings For Rent

      Completely remodeled office buildings with EV charging stations available for rent.
      2941 Sunrise Blvd, Rancho Cordova, CA 95742
      View Details
    • Contact for pricing
      22,353 SF

      Rancho Cordova Office Space

      Office space available for rent in Rancho Cordova, CA.
      20006 Aerojet Rd, Rancho Cordova, CA 95742
      View Details
    • Contact for pricing

      Rancho Cordova Corporate Office Space

      Two-story office building with freeway access and light rail.
      2880 Sunrise Blvd, Rancho Cordova, CA 95742
      View Details
    • Contact for pricing

      Rancho Cordova Flex Space Available

      Flex space with climate control, roll-up door, and office.
      3298 Monier Cir, Rancho Cordova, CA 95742
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11290 Pt Dr
    Rancho Cordova, CA 95742
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!