21 Natoma St Folsom, CA 95630-2645
Property profile & analytics
21 Natoma St, Folsom, CA 95630-2645
- Office buildings
- 8,148 SF
- 0.63 lot acres
Property ID
US09-1643786
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Evelyn D. Marios, MFT / Counselor / Mental Health
- Bentley Mortgage and Real Estate Services / Real Estate Agency
- Heather S. Fabbre, MA / Psychotherapist
- Richardson Kelly / Family Counselor
- Folsom Counseling Services / Family Counselor
Property Details for 21 Natoma St
- Year built
- 2005
- Construction
- WOOD
- Lot size
- 0.63 lot acres
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 071-0310-012-0000
- APU
- 7103100120000
Description
This exceptional investment opportunity presents a fully leased, multi-tenant office building situated at 21 Natoma Street in Folsom, California. The 8,148 square foot building, constructed in 2005, sits on a 0.63-acre lot and boasts a 3.60% cap rate with a net operating income (NOI) of $107,710. Currently enjoying full occupancy by seven established tenants, this property offers a stable and reliable income stream. The building features seven well-configured suites, each ideally sized for the current office market. Ample parking is provided, with a ratio of five stalls per 1,000 square feet. The property benefits from a highly visible location on Natoma Street, a major thoroughfare with daily traffic exceeding 15,000 vehicles. Its convenient location near City Hall and various amenities, coupled with flexible C-2 zoning, enhances its versatility and appeal. The asking price is $2,495,000. Three of the seven tenants have options to renew their leases, and annual rent increases of $0.05 per square foot are in place, suggesting strong potential for future growth. This well-maintained property, owned by the original developer, represents a compelling investment opportunity in a thriving Folsom location. The property's location is further enhanced by its proximity to elementary and middle schools.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,265,000
- 6.5%
- $2,090,000
- 7%
- $1,940,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,715,000 Current use
- RETAIL STORES
- $2,625,000 Change: -3% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $2,335,000 Change: -14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Folsom
- County
- Sacramento
- State
- California
- Longitude
- -121.162
- Latitude
- 38.6817
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$26,586
$550,000
$1,890,000
$2,440,000
-
$0.00
$0.00
$0.00
