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    Property profile & analytics
    OFF-MARKET Estimated value $11,130,000
    Office buildings

    2218 Kausen Dr, Elk Grove, CA 95758-7177

    27,204 SF 2.05 ac lot Built 2006
    Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-2310735
    Property summary
    AI-generated overview

    This exceptional Class A office building, located at 2218 Kausen Drive in Elk Grove, California, offers a rare opportunity for businesses seeking flexible and spacious accommodations. Built in 2006, the single-story building boasts a total of 27,204 square feet, situated on a generous 2.05-acre lot. Currently, a significant 24,157 square feet of space is immediately available, divisible into units as small as 6,172 square feet, offering maximum flexibility for various business needs. The property is zoned Light Industrial (LI), providing versatility for a range of office uses. The building's design incorporates features suitable for traditional office setups, coworking spaces, executive offices, medical offices, and creative office environments. The substantial vacant space features a heavier build-out, including private offices, conference rooms, break rooms, dedicated work areas, and open space ideal for cubicles. This prime Elk Grove location offers easy access to major transportation routes and amenities, making it an ideal location for businesses of all sizes. The APN is 119-1930-024-0000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 2006
    Construction TILT-UP CONCRETE
    Total area 27,204 SF
    Lot 2.05 ac (89,297 SF)
    Zoning code LI
    APN 119-1930-024-0000
    UPID US09-2310735
    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
    • Jesus A. Trujillo, RD Physician
    • Johan Winoto Physician
    • Dr. Syed Ali Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.10M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $10.61M
    Blend (final) Blend
    $11.13M
    Owner & transaction history
    Kb Elk Grove Dst · 4 yrs held
    Kb Elk Grove Dst
    since 2022
    Last sale
    $13.7M
    7 recorded transactions
    2022
    $13.7M
    2022
    $11.9M
    2018
    2018
    $3.9M
    2011
    2010
    $3.7M
    2007
    Zoning & alternative use
    LI · Elk Grove, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $12.8M +38.7%
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