9727 Elk Grove Florin Rd Elk Grove, CA 95624
- Medical offices
- 27,342 SF
- 2.55 lot acres
Current Use by Public Records
- Elk Grove Family Dentistry / Dentist / Cosmetic Dentist
- Dorminey Orthodontics / Orthodontist
- Elk Grove Orthodontics / Orthodontist
- Michael Moore, DDS / Dentist
- Adriane Scortia Dental Corporation / Dentist
Property Details for 9727 Elk Grove Florin Rd
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 2.55 lot acres
- Property size
- 27,342 SF
- Zone code
- BP
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 125-0130-031-0000
- APU
- 12501300310000
Description
This exceptional two-story, Class B medical office building, totaling 27,342 square feet, is situated on a 2.55-acre lot in Elk Grove's thriving business district, conveniently located near Elk Grove Blvd. Built in 1988 and extensively renovated in 2024, the property boasts 19 suites, with two immediately available, ranging from 670 to 1,050 contiguous square feet. A total of 1,720 square feet of vacant space is ready for immediate occupancy. The building features ample parking with 182 spaces and elevators for convenient access. The property is zoned BP/Business Professional (City of Elk Grove) and has a building floor area ratio (FAR) of 0.15. Recent upgrades include fresh exterior paint and landscaping enhancements. This is a full-service gross lease, meaning all operating expenses—property taxes, fire insurance, electricity, gas, trash, sewer, water, storm drain, janitorial services (five days a week), HVAC maintenance, roof maintenance, parking lot maintenance, and landscaping—are included in the base monthly rent. Tenants are only responsible for internet and suite security system costs in addition to the base rent. The property's APN is 125-0130-031. This presents a fantastic opportunity for medical professionals seeking modern, well-maintained office space in a prime Elk Grove location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,775,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,675,000
- 6.5%
- $5,180,000
- 7%
- $4,630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,655,000
- Geo Method
- $5,510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,565,000
- Retail
- $5,655,000
- Mixed-Use
- $5,735,000
- Hospitality
- $5,215,000
- Educational
- $4,330,000
- Residential Income
- $5,140,000
- Energy
- $4,625,000
- Income-Based Land
- $5,225,000
- Food Service
- $5,535,000
Location Insight
- Map
- Local Demand
- City
- Elk Grove
- County
- Sacramento
- State
- California
- Longitude
- -121.371
- Latitude
- 38.4044
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA