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Property profile & analytics
FOR LEASE
Office buildings

11707 Fair Oaks Blvd Fair Oaks, CA 95628

23,222 SF 0.55 ac lot Built 1986
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US09-3339379
Property summary
AI-generated overview

This exceptional three-story office building, totaling 20,818 square feet, enjoys a highly visible corner location at the intersection of Fair Oaks Boulevard and Madison Avenue. The building boasts an attractive design with extensive glassline, creating excellent curb appeal. Currently, 2,924 square feet of executive office space is available for lease within this multi-tenant building. Prominent building signage is available at market rates, providing excellent opportunities for brand visibility. The property offers convenient access to major transportation arteries, including I-80 and Highway 50, easily reached via Sunrise Boulevard and Madison Avenue. Ample parking is provided with 41 secured underground garage stalls and 7 covered outdoor spaces, each available for lease at $35 per month. The Ferrari Building is situated in a vibrant area with numerous dining and retail options within close proximity, offering employees and clients a wide array of amenities. Placer Title Company is among the building's prominent tenants. This is a rare opportunity to secure high-profile office space in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Construction STEEL FRAME
Total area 23,222 SF
Lot 0.55 ac (23,866 SF)
Zoning code AC
APN 233-0043-004-0000
UPID US09-3339379
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
Current use
Occupant on record · Public records
  • Rick Hunter, REALTOR | Security Pacific Real Estate Real Estate Agency
  • Keller Williams Realty Capital Valley Real Estate Agency
  • SMP Tint & Detail Interior Design Auto Repair Shop
  • Universal Lending Loan Service Bank
  • Spartan Parking Management Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.08M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.37M
Blend (final) Blend
$2.10M
Owner & transaction history
Ethan Conrad · 6 yrs held
Ethan Conrad
since 2020
Last sale
$1.5M
5 recorded transactions
2020
Price N/A
2020
$1.5M
2020
Price N/A
1998
$2.2M
1969
Price N/A
Zoning & alternative use
AC · Fair Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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