3215 Prospect Park Dr Rancho Cordova, CA 95670
For Sale
This ±101,000 square foot office and industrial building, located at 3215 Prospect Park Drive in Rancho Cordova, California (zip code 95670), presents a unique investment opportunity. Built in 1987 as part of the Capital Center, this single-story structure offers multiple tenancy options with two spaces currently available, ranging from 21,301 to 55,645 square feet. The property's OPMU zoning allows for a diverse range of uses, including medical facilities, offices, schools, religious institutions, manufacturing (small-scale, under 20,000 square feet), research and development, and even gym or sports facilities. Its prime location offers excellent access to Highway 50 via Zinfandel Drive and Sunrise Boulevard, providing convenient commutes for employees and clients. The surrounding area boasts numerous retail and restaurant amenities, enhancing the property's appeal and convenience. This versatile property is ideal for businesses seeking flexible space in a thriving Sacramento County location. The building's substantial size and flexible zoning make it suitable for a variety of commercial enterprises. Consider this exceptional opportunity to secure a well-located, adaptable property in a dynamic market.
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Marco L. Gonzales, PharmD Pharmacy
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Dignity Health & Services Medical Billing Service
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OPMU · Rancho Cordova, CAOffice 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 in freestanding buildings. This district also allows some standalone uses that are not traditional or predominant office uses, such as hospitals, banks/financial institutions, hotels/motels, and recreation, education, and public assembly uses. D. Office Industrial Mixed-Use (OIMU) Zoning District. This district is intended to designate property for a wide range of office and light industrial development. The OIMU district is intended for the seamless integration of office and light industrial uses with supporting retail and service uses. Offices may be developed in an office park setting, but most office and light industrial development stands alone. Commercial and other support services may be integrated vertically and/or horizontally in this district, but the predominant use of integrated developments is office and/or light industrial. This district also allows some standalone uses that are not traditional or predominant office or industrial uses, such as hospitals, banks/financial institutions, and recreation, education, and public assembly uses. E. Light Industrial Business Park (LIBP) Zoning District. This district is intended to designate property for the development of research and development, industrial, and/or manufacturing activities that occur primarily within an enclosed building. Development in this district may be integrated into a business park or campus setting with supporting retail services. This district also allows warehousing activities or distribution centers. Limited office and retail service uses may be integrated into the predominantly industrial use of the property horizontally or vertically. This district also allows public/quasi-public uses by right. F. Village Center (VC) Zoning District. This district is intended to provide centers of activity that are within an easy walking distance from neighborhood homes and to provide local-serving commercial opportunities. A network of sidewalks, bicycle trails, and transit routes provides easy nonvehicular access to these centers, and buildings within this zone are appropriately scaled to fit in the neighborhood context and are placed to encourage the active use of public spaces and generate pedestrian activity. G.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.