1315 Alhambra Blvd Sacramento, CA 95816-5244
This exceptional three-story medical office building, located at 1315 Alhambra Boulevard in Sacramento, California's desirable East Sacramento submarket, presents a unique investment opportunity. The 29,000 square foot building, constructed in 1989 and renovated in 1999, is classified as Class B and sits on a 0.67-acre lot. The property features a total of three suites, offering flexible space options. Currently, 4,877 square feet are vacant, with suites ranging from a minimum divisible size of 674 square feet to a maximum contiguous space of 4,203 square feet. The building is zoned C-2 SPD, allowing for a variety of medical uses. One particularly attractive opportunity is Suite 300, a second-generation dental space. Importantly, Suites 300 and 320 can be combined to create a larger, contiguous space of approximately 4,203 square feet. This prime location on Alhambra Boulevard offers excellent visibility and accessibility, making it an ideal setting for medical practices seeking a well-established and convenient location in the heart of East Sacramento. The property's history of renovations ensures modern amenities and functionality. This is a rare chance to acquire a well-maintained medical office building in a highly sought-after area. The zip code is 95816.
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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
C-2-SPD · Sacramento, CASacramento. Always verify with local authorities before improvements.
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.