Current Use by Public Records
- Native Dads Network / Association / Organization
Property Details for 1418 20Th St
- Year built
- 1980
- Property type
- Office Spaces
Description
This exceptional three-story, 6,700 square foot executive office building in Sacramento, CA (95811), is available for $1,500,000. Boasting a 9.33% pro-forma cap rate and a projected NOI of $140,000, this Class B property presents a compelling owner-user investment opportunity. The building, constructed in 1980 and zoned C-2, features a flexible layout easily adaptable to various business needs. The space is divisible, allowing for expansion or contraction as your business grows or shrinks. The building offers approximately 2,000 square feet on the first floor, approximately 3,600 square feet on the second floor, and approximately 800 square feet of mezzanine space. Six secure parking spaces are located on the property, supplemented by nine additional spaces leased from Union Pacific Railroad in a secure fenced yard. The shallow bay depths and existing divisions cater to smaller tenants, providing versatile occupancy options. The property sits on a 6,400 square foot lot and is currently vacant, with an occupancy date of January 1, 2025. The building's unique layout includes a combination of open space, private offices, and mezzanine space, creating a welcoming and productive work environment. A secure and lush interior courtyard provides a relaxing space for employees. The second floor features an open area with approximately 18 feet of clear span. This property offers a rare blend of functionality, location, and investment potential.
Value Estimations
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AI approach
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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
- -121.482
- Latitude
- 38.5717
