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Property profile & analytics
FOR LEASE
Office buildings
300 Capitol Mall Sacramento, CA 95814
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2498550
For Lease
1 / 2
Contact for pricing
300 Capitol Mall, Sacramento, CA 95814
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Construction
STEEL FRAME
Total area
405,074 SF
Lot
2.39 ac (104,108 SF)
Zoning code
C-3-SPD
APN
006-0142-038-0000
UPID
US09-2498550
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
-
Office of Administrative Law State Government Office
-
Perkins & Associates Law Firm
-
Wade Sammis Law Firm
-
STATE CONTROLLERS - Golden 1 Credit Union ATM Atm
-
Hines Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$59.19M
Blend (final)
Blend
$60.06M
Owner & transaction history
300 Capitol Mall Investors LP · 7 yrs held
300 Capitol Mall Investors LP
since 2019
4 recorded transactions
Zoning & alternative use
C-3-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$95.8M
+10.6%
Industrial (general)
$88.8M
+2.6%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$86,575,000
Current use
COMMERCIAL (GENERAL)
$95,770,000
Change: +11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$88,825,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$60.06M
Range $54.05M – $66.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$148 / SF
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
$1,658,357
Tax year 2024
Assessed value
$138,893,058
Assessed 2024
Previous assessed
$138,893,058
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$19,685,629
Assessed improvement
$119,207,429
Applied tax rate
3.0000
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 (MULTI-STORY)
Status
For Lease
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
18
Total area
405,074 SF
Lot
2.39 ac (104,108 SF)
Zoning code
C-3-SPD
APN
006-0142-038-0000
UPID
US09-2498550
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-3-SPD · Sacramento, CA
Zoning C-3-SPD · permitted uses
C-3-SPD · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$86.6M
COMMERCIAL (GENERAL)
Est. value
$95.8M
INDUSTRIAL (GENERAL)
Est. value
$88.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Stories
18
Buildings
2
Lot
2.39 ac
Current owner
From public records · entity-resolved
300 Capitol Mall Investors LP
Entity
Mailing address
2485 NATOMAS PARK DR STE #360, SACRAMENTO, CA 95833-2943
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2019
$127,000,000
300 Capitol Mall Investors LP
300 Capitol Associates Nf LP
Grant Deed
related
$82,550,000 · Miscellaneous Ins Co
Apr 5, 2018
—
300 Capitol Associates Nf LP
—
Grant Deed
related
$75,000,000 · Bank Of America/il
Jun 19, 2007
—
300 Capitol Associates Nf LP
Vv USA City LP
Grant Deed
$104,330,000 · Eurohypo Ag New York Branch
Jan 15, 1999
—
Vv USA City LP
Capitol Commerce Partners
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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