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Financial
Distress signals
Property profile

1616 29Th St Sacramento, CA 95816

FOR LEASE
Office buildings
Property ID
US09-2190087
19,429 SF 0.45 ac lot Built 1988
Last sale May 2026 · $2,750,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property in Sacramento is a commercial space designed for leasing. It encompasses approximately 23,649 square feet and features flexible interior layouts with multiple versatile work areas. The building’s interior design includes contemporary finishes and natural light exposure. It is situated within a commercial hub and provides access to major transportation routes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$54k
Tax billed · 2024
Assessed value$4.25M
Assessed land$1.13M
Assessed improvement$3.12M
Effective rate1.27%

Value estimate

· Oct 2026
$3.32M
$2.99M – $3.65M
CAP approach$4.35M
Submarket $/SF estimate$2.07M
NOI build-up
Gross scheduled income$181k
Vacancy & credit loss−$29k
Operating expenses−$38k
NOI · 5,077,911.11% cap applied$114k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$287/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$150 – $364

Cap rate analysis

How does the asset earn?
5,077,911.11%
$114k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2-SPD
JurisdictionSACRAMENTO

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store9.3
Watch Repair Shop8.9
Mobile Phone Store7.9

Location

1616 29Th St Sacramento, CA 95816
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1725 23rd, Sacramento, CA 95816-5964 $7,819,000 Nov 2024 38,400 SF
3000 T, Sacramento, CA 95816-7274 $1,075,000 Sep 2024 7,874 SF
2701 K, Sacramento, CA 95816-7193 $1,442,500 Nov 2023 7,414 SF
2111 Q, Sacramento, CA 95816-6816 $4,700,000 Nov 2022 6,320 SF
730 Alhambra, Sacramento, CA 95816-3847 $2,300,000 Mar 2022 16,276 SF
725 30th, Sacramento, CA 95816-3870 $2,450,000 Nov 2021 9,606 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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