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
- Zone code
- OPMU
- Property type
- Office buildings
- APN
- 072-0660-019-0000
- APU
- 7206600190000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 24, 2012 | — | Gsv Rancho Cordova LLC | — | Deed Of Trust · related | $15M · Citicorp USA Corp |
| Mar 15, 2012 | — | Gsv Rancho Cordova LLC | — | Deed Of Trust · related | $15M · Citicorp USA Corp |
| Jun 12, 2007 | — | Gsv Rancho Cordova LLC | — | Deed Of Trust · related | $7.4M · Citicorp USA Corp |
| Mar 30, 2007 | — | Gsv Rancho Cordova LLC | Panattoni Investments LLC | Grant Deed | $15M · Citicorp USA INC |
| Jul 31, 2006 | — | Panattoni Investments LLC | Cis Partners | Grant Deed | $3.7M · Bank Of The West |
| — | — | Panattoni Investments LLC | — | Deed Of Trust · related | $3.7M · Bank Of The West |
| — | — | Gsv Rancho Cordova LLC | — | Deed Of Trust · related | $9.5M · Citicorp USA Corp |
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 Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,236,000
Market price range: $1.49M - $11.8M
Get a detailed, property-specific estimation — fast and free
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
