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    Ice Blocks Sacramento, CA 94204

    • Retail properties
    • 94,204 SF
    For Lease
    View listing
    $48 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Ice Blocks

    Property size
    94,204 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional opportunity presents prime executive office space within the vibrant Ice Blocks development in Sacramento's Midtown district. Located in the historic R Street Corridor, this mixed-use project boasts 94,204 square feet, offering multiple tenancy options. Currently, 3,726 square feet of vacant space is available, divisible into units as small as 840 square feet and up to a contiguous 2,886 square feet. The Ice Blocks is renowned for its contemporary architecture, public art, and community gathering spaces, creating a dynamic and attractive environment for businesses. The surrounding area features 70,000 square feet of retail space, including a diverse collection of boutiques and restaurants, along with 145 luxury apartments and 100,000 square feet of creative office space. This thriving location benefits from its proximity to hundreds of new residential units added in the last five years, solidifying Midtown's position as a highly walkable and desirable neighborhood. Midtown Sacramento is nationally recognized for its farm-to-fork movement and boasts over 100 restaurants and eateries. The Ice Blocks' location within the historic R Street Corridor, once a railroad and industrial hub, adds to its unique character and appeal. This revitalized area now offers a blend of high-end retail, dining, entertainment, and art, making it an ideal location for businesses seeking a vibrant and prestigious address. The property's blend of modern amenities and historic charm provides a unique and attractive workspace. This is a rare opportunity to secure office space in one of Sacramento's most sought-after locations.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.45
    Latitude
    38.6
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    Ice Blocks
    Sacramento, CA 94204
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    Realmo Value Estimation

    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.

    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.

    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
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