Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    300-320 Harris Ave Sacramento, CA 95838
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300-320 Harris Ave Sacramento, CA 95838

    View on Map
    • Office properties & Spaces
    • 2.78 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 300-320 Harris Ave

    Year built
    1983
    Lot size
    2.78 lot acres
    Property type
    Office properties & Spaces

    Description

    This exceptional five-building office/flex complex in Sacramento's Northgate/Natomas industrial submarket presents a compelling investment opportunity. Built in 1983, the property boasts 53,315 square feet of rentable space across 2.78 acres and is currently 98% leased, generating strong in-place income. The strategic location offers immediate access to Interstate 80 via the Norwood on/off ramp, providing convenient access to major transportation routes. The complex includes 102 parking spaces (1.95 spaces per 1,000 square feet). Situated on six separate parcels (APN: 250-0027-010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.459
    Latitude
    38.6383

    Comparable in this City

    • Value Estimation
      $920,000
      6,560 SF

      3945 Marysville Blvd

      MEDICAL BUILDING • 6,560 SF
      3945 Marysville Blvd, Sacramento, CA 95838-3762
      View Details
    • Value Estimation by Request
      0.28 Acres

      920 Grand Ave

      OFFICE BUILDING • 0.28 Acres
      920 Grand Ave, Sacramento, CA 95838-3415
      View Details
    • Value Estimation
      $5,110,000
      8,000 SF

      3911 Norwood Ave

      OFFICE BUILDING • 8,000 SF
      3911 Norwood Ave, Sacramento, CA 95838-3589
      View Details
    • Value Estimation
      $825,000
      8,058 SF

      3741 Altos Ave

      OFFICE BUILDING • 8,058 SF
      3741 Altos Ave, Sacramento, CA 95838-3453
      View Details
    • Value Estimation by Request
      33,355 SF

      500 Jessie Ave

      MEDICAL CLINIC • 33,355 SF
      500 Jessie Ave, Sacramento, CA 95838-2609
      View Details
    • Value Estimation by Request
      4,468 SF

      1556 Bell Ave

      OFFICE BUILDING • 4,468 SF
      1556 Bell Ave, Sacramento, CA 95838-2808
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,067 SF

      Sacramento Turn-Key Dental Building

      Turn-key dental building for sale in Sacramento, California.
      3945 Marysville Blvd, Sacramento, CA 95838
      View Details
    • $399,000
      3,525 SF

      Office Space of Approximately 1,325 SF and Bay Space of Approximately 2,200 SF

      Office Space of Approximately 1,325 SF and Bay Space of Approximately 2,200 SF
      3931 Marysville Boulevard, Sacramento, CA 95838
      View Details
    • Contact for pricing

      Commercial Land Parcels For Sale

      Five vacant land parcels totaling ±3.92 acres for sale.
      Paseo Nuevo St, Sacramento, CA 95838
      View Details
    • $475,000
      1,404 SF

      Sacramento Duplex with Rental Income

      Income-producing duplex in Sacramento's East Del Paso Heights neighborhood.
      1852 Grand Ave, Sacramento, CA 95838
      View Details
    • $7,000,000

      Sacramento Land on Rio Linda

      Commercial land available on Rio Linda Boulevard and Claire Avenue.
      653 Claire Ave, Sacramento, CA 95838
      View Details
    • $310,000
      1,050 SF

      Chance to Own an Auto Repair Shop in a Very Busy Part of Town

      Chance to Own an Auto Repair Shop in a Very Busy Part of Town
      1635 Grand Avenue, Sacramento, CA 95838
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse and Office Condo

      Move-in ready warehouse and office space for rent.
      201 Harris Ave, Sacramento, CA 95838
      View Details
    • Contact for pricing

      Sacramento Industrial Unit For Lease

      7,500 SF industrial unit with possible fenced yard available for lease.
      320 Harris Ave, Sacramento, CA 95838
      View Details
    • Contact for pricing

      Sacramento Industrial Space For Lease

      Industrial space with yard, dock and grade level loading.
      4391 Pell Dr, Sacramento, CA 95838
      View Details
    • Contact for pricing

      Sacramento Flex Space Available

      Flexible office and warehouse space in a professional business environment.
      251 Opportunity Dr, Sacramento, CA 95838
      View Details
    • Contact for pricing

      Retail Space in Anchored Center

      High-visibility retail spaces with easy access and ample parking.
      4690-4780 Natomas Blvd, Sacramento, CA 95838
      View Details
    • Contact for pricing
      21,330 SF

      Sacramento Warehouse with Secured Site

      Secured Sacramento warehouse featuring dock doors and trailer parking.
      4725 Kelton Way, Sacramento, CA 95838
      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.
    300-320 Harris Ave
    Sacramento, CA 95838
    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!