Technical
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Property profile

2893 Sunrise Blvd Rancho Cordova, CA 95742

FOR LEASE
Office buildings
Property ID
US10-2625834
26,440 SF 1.63 ac lot Built 1982
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class B office building, located at 2893 Sunrise Blvd in Rancho Cordova, CA 95742, offers a total of 24,299 square feet of executive office space. The property boasts high visibility with excellent signage potential, situated in the desirable Highway 50 Corridor submarket. Currently, there are 16,723 square feet of vacant space available, divisible into units as small as 798 square feet, with a maximum contiguous space of 4,567 square feet. The building comprises three total suites, providing flexibility for various business needs. Its convenient location offers easy access to Highway 50, placing businesses within a short drive of major transportation arteries. Furthermore, the property's proximity to local dining and retail establishments enhances employee convenience and fosters a vibrant work environment. This multi-tenant building presents a fantastic opportunity for businesses seeking a well-located, high-visibility office space in Sacramento County. The property is less than one mile south of Highway 50 on Sunrise Boulevard.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1982
Construction WOOD
Total area 26,440 SF
Lot 1.63 ac (71,002 SF)
Zoning code M-1
APN 072-0430-054-0000
UPID US10-2625834

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nail Salon
  • Consultant
  • Medical Clinic
  • Medical Clinic Skin Care Clinic
  • Business To Business Service

Location

2893 Sunrise Blvd Rancho Cordova, CA 95742
Rancho Cordova metro Census 8706 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.19M

Owner & transaction history

since 2012
5 recorded transactions
2012
$625,000
2011
$3.3M
2008
$5.7M
2000
Price N/A
1969
Price N/A

Zoning & alternative use

M-1 · Rancho Cordova, CA
Zoning description

Light Industrial/Manufacturing (M-1) Zoning District. This district is consistent with the General Plan light industrial land use designation by providing locations for the development of industrial uses such as fabricat…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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