2218 Kausen DrElk Grove, CA 95758

  • Office properties
  • 27,204 SF
For Lease
$27/SF/YR View listing

Property Details for 2218 Kausen Dr

Year built
2006
Construction
TILT-UP CONCRETE
Lot size
2.05 AC
Property size (Sq ft)
27,204 SF
Zone code
LI
Property type
Office properties
Property subtype
Office buildings
APN
119-1930-024-0000
APU
11919300240000

Description

This exceptional Class A office building, located at 2218 Kausen Drive in Elk Grove, California, offers a rare opportunity for businesses seeking flexible and spacious accommodations. Built in 2006, the single-story building boasts a total of 27,204 square feet, situated on a generous 2.05-acre lot. Currently, a significant 24,157 square feet of space is immediately available, divisible into units as small as 6,172 square feet, offering maximum flexibility for various business needs. The property is zoned Light Industrial (LI), providing versatility for a range of office uses. The building's design incorporates features suitable for traditional office setups, coworking spaces, executive offices, medical offices, and creative office environments. The substantial vacant space features a heavier build-out, including private offices, conference rooms, break rooms, dedicated work areas, and open space ideal for cubicles. This prime Elk Grove location offers easy access to major transportation routes and amenities, making it an ideal location for businesses of all sizes. The APN is 119-1930-024-0000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,576,488
    6.5%
    $4,224,450
    7%
    $3,922,704
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,884,187
    Geo Method
    $3,884,187
  • Alternative Use

    Use
    Valuation
    Residential
    $5,238,318
    Hospitality
    $4,798,272
    Educational
    $3,992,106
    Medical
    $4,129,400
    Retail
    $6,209,942
2218 Kausen Dr, Elk Grove, California
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Location Insight

City
Elk Grove
County
Sacramento
State
California
Latitude
38.4282
Longitude
-121.484
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$87,787
$832,320
$6,658,560
$7,490,880
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