1515 S St Sacramento, CA 95811
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.
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Frolan R. Aguiling Law Firm
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Vallecito Conservation Camp Sustainability Organization
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Cal Department of Corr & Rehabilitat Rehabilitation Center
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Training & Development Division Social Service Agency Charitable Organization
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CASOMB Association Or Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.