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Property profile & analytics
FOR LEASE
Office buildings

2868 Prospect Park Dr Rancho Cordova, CA 95670

164,821 SF 9.05 ac lot Built 1988
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-2010410
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1988
Construction STEEL FRAME
Total area 164,821 SF
Lot 9.05 ac (394,218 SF)
Zoning code OPMU
APN 072-0610-034-0000
UPID US10-2010410
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
  • Dr. Francis J. Felix, MD Physician
  • Forsgren Associates, Inc. General Contractor
  • Ever Bank Bank Loan Service
  • Cisco Systems (Bike/Boat/Book/etc) Store Corporate Office
  • Juliet Haataja Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.66M
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.63M
Blend (final) Blend
$12.49M
Owner & transaction history
2868 Prospect Park LLC · 3 yrs held
2868 Prospect Park LLC
since 2023
Last sale
$12.7M
7 recorded transactions
2023
$12.7M
2020
Price N/A
2019
$25.0M
2016
$22.3M
1998
Price N/A
1998
Price N/A
1998
Price N/A
Zoning & alternative use
OPMU · Rancho Cordova, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Office Professional Mixed-Use (OPMU) Zoning District. This district is intended to designate property primarily for the development of larger office buildings and business parks with supporting retail and service uses. The predominant use is office, but commercial, service and residential uses may be integrated into office buildings or located horizontally i…

Zone name Office Professional Mixed Use
General category MIXED_USE
Zone area 603.27 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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