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Property profile & analytics
OFF-MARKET
Office Spaces

1515 S St Sacramento, CA 95811

399,636 SF 2.54 ac lot Built 1989
Property ID
Property summary
AI-generated overview

1515 S Street presents a compelling investment opportunity in the heart of Sacramento's vibrant Downtown submarket. This Class B office complex comprises two buildings totaling approximately 399,636 square feet, situated on 2.54 acres of land. Built in 1989, the property features a five-story structure with elevators and an attached eight-story parking garage, ensuring ample parking for tenants and visitors. The property is zoned C-2-PSD and offers multiple tenancy options, with a minimum divisible space of 2,313 square feet and a maximum contiguous space of 52,454 square feet. A total of nine suites are available, providing flexibility for businesses of various sizes. Strategically located within half a mile of the State Capitol, this property benefits from its proximity to Sacramento's thriving R Street Corridor, a dynamic area known for its diverse shopping, dining, and entertainment options. All spaces will be available for occupancy on January 1st, 2025. This presents a unique chance to secure a prominent presence in a rapidly growing and desirable location. The property's size, location, and amenities make it an ideal choice for businesses seeking a well-established and convenient office space in the Sacramento area. The building's substantial size and multiple suite options cater to a wide range of business needs, from small startups to larger corporations.

Property profile
Verified
Property type Office Spaces
Year built 1989
Total area 399,636 SF
Lot 2.54 ac (110,642 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Frolan R. Aguiling Law Firm
  • Vallecito Conservation Camp Sustainability Organization
  • Cal Department of Corr & Rehabilitat Rehabilitation Center
  • Training & Development Division Social Service Agency Charitable Organization
  • CASOMB Association Or Organization
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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