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Property profile & analytics
OFF-MARKET Estimated value $8,420,000
Office buildings

10845 International Dr Rancho Cordova, CA 95670-7358

82,441 SF 5.4 ac lot Built 1999
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US09-2980044
Property summary
AI-generated overview

This exceptional investment opportunity presents two vacant, Class A office buildings totaling 154,381 square feet of net rentable space. Located in Rancho Cordova's Capital Center Business Park, these meticulously maintained, two-story buildings (built in 1998 and 2001) sit on a 10.56-acre lot and offer a compelling proposition for several buyer profiles. The property's prime location, just two blocks from Highway 50, provides easy access to Downtown Sacramento (a 12-minute drive) and benefits from lower rents and ample free parking. The Highway 50 Corridor is Sacramento's largest office submarket, making this an attractive location for businesses seeking affordable space near suburban communities. These buildings are ideal for owner-users seeking to control their office environment and occupancy costs, value-add investors looking for well-maintained properties in an excellent location, or owner/user investors who can offset operating expenses by leasing excess space. All fixtures, furniture, and equipment are included in the sale at the buyer's option. The buildings boast features that exemplify modern office environments, reflecting a high standard of quality and maintenance. This is a rare opportunity to acquire a substantial, well-located office portfolio in a thriving Sacramento submarket. The property's previous owner, VSP Vision, has implemented a hybrid work model, leading to the vacancy and sale of these assets. Comparable space in the submarket commands an average asking rent of $24.72 per square foot. This offering presents a unique chance to acquire a high-quality asset with significant potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1999
Construction TILT-UP CONCRETE
Total area 82,441 SF
Lot 5.4 ac (235,224 SF)
Zoning code OPMU
APN 072-0690-099-0000
UPID US09-2980044
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.55M
Blend (final) Blend
$8.42M
Owner & transaction history
Vsp Holding Co INC · 9 yrs held
Vsp Holding Co INC
since 2016
6 recorded transactions
2016
Price N/A
2016
Price N/A
2011
Price N/A
2009
Price N/A
2002
Price N/A
2001
Price N/A
Zoning & alternative use
OPMU · Rancho Cordova, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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