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Property profile & analytics
OFF-MARKET
Office buildings
2208 Kausen Dr, Elk Grove, CA 95758-7173
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1706709
Property summary
AI-generated overview
This exceptional 5,549 square foot office suite is located at 2208 Kausen Drive, Suite 200, in Elk Grove, California, 95758. Situated within a larger 24,312 square foot Class A building constructed in 2006 by Panattoni Development Company, this single-tenant space offers a flexible layout suitable for traditional office, medical office, or creative office uses. The property boasts excellent visibility and signage opportunities directly facing Interstate 5, ensuring high brand awareness. The building benefits from a strong tenant roster, including established businesses such as DaVita Dialysis and the State of California. The property is zoned LI (Light Industrial) and is located in the Elk Grove submarket of Sacramento County. This one-story building presents a rare opportunity to lease a well-located, modern office space in a thriving area. The suite's size and location make it ideal for a variety of businesses seeking a prominent presence in Elk Grove.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
TILT-UP CONCRETE
Total area
24,412 SF
Lot
2.39 ac (104,108 SF)
Zoning code
LI
APN
119-1930-014-0000
UPID
US09-1706709
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
-
DaVita West Elk Grove Dialysis Center Medical Clinic
-
California Office of Traffic Safety State Government Office
-
Dr. Elena Gelfand Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kb Elk Grove Dst · 4 yrs held
Kb Elk Grove Dst
since 2022
Last sale
$13.7M
5 recorded transactions
Zoning & alternative use
LI · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Elk Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elk Grove submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$79,671
Tax year 2024
Assessed value
$6,762,600
Assessed 2024
Previous assessed
$6,762,600
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$936,360
Assessed improvement
$5,826,240
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
24,412 SF
Lot
2.39 ac (104,108 SF)
Zoning code
LI
APN
119-1930-014-0000
UPID
US09-1706709
Jurisdiction
SACRAMENTO
Zoning & alternative use
LI · Elk Grove, CA
Zoning LI · permitted uses
LI · Elk Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elk Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.39 ac
Current owner
From public records · entity-resolved
Kb Elk Grove Dst
Individual
Mailing address
11622 EL CAMINO REAL #1, SAN DIEGO, CA 92130-2049
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2022
$13,700,000
Kb Elk Grove Dst
Kb Elk Grove LLC
Grant Deed
$7,140,000 · A10 Capital LLC
Feb 1, 2022
$11,887,500
Kb Elk Grove LLC
Laguna West Investment LLC
Grant Deed
$9,510,000 · Laguna West Investmetn LLC
Jan 10, 2018
$3,478,000
Laguna West Investment LLC
Pancal Laguna West E 25 LLC
Grant Deed
related
$5,180,000 · Central Vly Cmnty Bk
Dec 30, 2010
$3,545,000
Pancal Laguna West E 25 LLC
Laguna West Phase II LLC
Grant Deed
—
Apr 18, 2007
—
Laguna West Phase II LLC
Owner Name Unavailable
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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