10670 White Rock Rd Rancho Cordova, CA 95670-6095
This exceptional investment opportunity presents a 13,645-square-foot Class B medical office building situated on a 1.06-acre lot in Rancho Cordova, California. Built in 1989, the single-story building boasts a 72.11% occupancy rate and offers a compelling 8.00% capitalization rate. Currently anchored by Concentra, the property is strategically located within Prospect Park, Rancho Cordova's premier business center, providing convenient access to numerous amenities. Its prime location offers easy access to Highway 50, just two blocks away, and is only a 12-minute drive from Downtown Sacramento. The property is part of the Capital Corporate Center (CCC), a five-building complex that includes notable tenants such as Sedgwick, the County of Sacramento, and General Logistic Systems. CCC offers on-site amenities including a deli and is conveniently located near a Homewood Suites by Hilton. The property features ample parking with a ratio of 4 spaces per 1,000 square feet. This stabilized investment presents a strong long-term income stream with potential for increased occupancy and returns. The property's APN is 072-0690-116 and is zoned LP. This is an ideal opportunity for investors seeking a stable, high-yielding asset in a desirable location.
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US HEALTH WORKS Physician
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Nightingale Healthenet Medical Clinic
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Concentra Urgent Care Occupational Health Service Medical Clinic
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Nicole Judah Physician Medical Clinic
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Elizabeth Chumak Physician Medical Clinic
Office Professional Mixed-Use (OPMU) Zoning District. This district is intended to designate property primarily for the development of larger office buildings and business parks with supporting retail and service uses. The predominant use is office, but commercial, service and residential uses may be integrated into office buildings or located horizontally i…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OPMU · Rancho Cordova, CAOffice Professional Mixed-Use (OPMU) Zoning District. This district is intended to designate property primarily for the development of larger office buildings and business parks with supporting retail and service uses. The predominant use is office, but commercial, service and residential uses may be integrated into office buildings or located horizontally in freestanding buildings. This district also allows some standalone uses that are not traditional or predominant office uses, such as hospitals, banks/financial institutions, hotels/motels, and recreation, education, and public assembly uses. D. Office Industrial Mixed-Use (OIMU) Zoning District. This district is intended to designate property for a wide range of office and light industrial development. The OIMU district is intended for the seamless integration of office and light industrial uses with supporting retail and service uses. Offices may be developed in an office park setting, but most office and light industrial development stands alone. Commercial and other support services may be integrated vertically and/or horizontally in this district, but the predominant use of integrated developments is office and/or light industrial. This district also allows some standalone uses that are not traditional or predominant office or industrial uses, such as hospitals, banks/financial institutions, and recreation, education, and public assembly uses. E. Light Industrial Business Park (LIBP) Zoning District. This district is intended to designate property for the development of research and development, industrial, and/or manufacturing activities that occur primarily within an enclosed building. Development in this district may be integrated into a business park or campus setting with supporting retail services. This district also allows warehousing activities or distribution centers. Limited office and retail service uses may be integrated into the predominantly industrial use of the property horizontally or vertically. This district also allows public/quasi-public uses by right. F. Village Center (VC) Zoning District. This district is intended to provide centers of activity that are within an easy walking distance from neighborhood homes and to provide local-serving commercial opportunities. A network of sidewalks, bicycle trails, and transit routes provides easy nonvehicular access to these centers, and buildings within this zone are appropriately scaled to fit in the neighborhood context and are placed to encourage the active use of public spaces and generate pedestrian activity. G.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
