11031 Sun Center Dr Rancho Cordova, CA 95670
- Office buildings
- 113,408 SF
- 8.98 lot acres
Current Use by Public Records
- Office buildings
Property Details for 11031 Sun Center Dr
- Year built
- 1982
- Construction
- TILT-UP CONCRETE
- Lot size
- 8.98 lot acres
- Property size
- 113,408 SF
- Zone code
- OPMU
- Property type
- Office buildings
- APN
- 072-0660-019-0000
- APU
- 7206600190000
Description
This exceptional investment opportunity presents a vacant, 113,000-square-foot office building situated on a substantial 8.98-acre parcel in Rancho Cordova, California. The property, located at 11031 Sun Center Drive, 95670, is classified as Class B and boasts a flexible zoning designation of OPMU (Office Professional Mixed Use), offering diverse development potential. Built in 1982, the two-story building features large floor plates, ideal for a variety of office uses, including executive, medical, or traditional office spaces. The ample 577 parking spaces provide a significant 5 per 1,000 square feet parking ratio. Currently vacant, this property presents a value-add opportunity for owner-users seeking a substantial footprint or investors looking to capitalize on the significant land value. The asking price is $9,000,000, translating to $79.65 per square foot and $30.33 per square foot for the land. The property's size and location in Sacramento County make it a rare find in the market. All offers are encouraged. This is a chance to acquire a significant commercial property with considerable upside potential. The property includes one building and is ready for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rancho Cordova
- County
- Sacramento
- State
- California
- Longitude
- -121.275
- Latitude
- 38.5962
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA