Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3451 Longview Dr Sacramento, CA 95821-7104
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3451 Longview Dr Sacramento, CA 95821-7104

    View on Map
    • Office buildings
    • 8,105 SF
    • 0.83 lot acres
    Off-Market
    Last Sale Dec 29, 2021
    Property ID
    US09-3280258
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $880,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Oracle Construction and Restoration / Construction Company

    Property Details for 3451 Longview Dr

    Year built
    1984
    Construction
    WOOD
    Lot size
    0.83 lot acres
    Property size
    8,105 SF
    Zone code
    MP
    Property type
    Office buildings
    APN
    240-0153-042-0000
    APU
    24001530420000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $839,000
      Market price range: $808k - $1.57M
      AI Estimate
      $555,000
      Market price range: $339k - $1.22M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,235,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.384
    Latitude
    38.6428
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,510
    $260,100
    $520,200
    $780,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10.42 Acres

      2700 Watt Ave

      OFFICE BUILDING (MULTI-STORY) • 10.42 Acres
      2700 Watt Ave, Sacramento, CA 95821-6236
      View Details
    • Value Estimation
      $905,000
      4,800 SF

      3315 Watt Ave

      OFFICE BUILDING • 4,800 SF
      3315 Watt Ave, Sacramento, CA 95821-3600
      View Details
    • Value Estimation
      $1,020,000
      5,400 SF

      3840 Watt Ave E E Bldg

      OFFICE BUILDING • 5,400 SF
      3840 Watt Ave E E Bldg, Sacramento, CA 95821-2640
      View Details
    • Value Estimation
      $3,810,000
      41,900 SF

      3540 Kings Way

      OFFICE BUILDING (MULTI-STORY) • 41,900 SF
      3540 Kings Way, Sacramento, CA 95821-6403
      View Details
    • Value Estimation
      $500,000
      3,822 SF

      2345 El Camino Ave

      OFFICE BUILDING • 3,822 SF
      2345 El Camino Ave, Sacramento, CA 95821-5633
      View Details
    • Value Estimation by Request
      1,094 SF

      4216 El Camino Ave

      OFFICE BUILDING • 1,094 SF
      4216 El Camino Ave, Sacramento, CA 95821-6665
      View Details

    Similar Nearby for Sale

    • $645,000
      3,077 SF

      3,077 SF Recently Remodeled Office Condomimium For Sale

      3,077 SF Recently Remodeled Office Condomimium For Sale
      3838 Watt #F-600, Sacramento, CA 95821
      View Details
    • Contact for pricing
      125,600 SF

      Fulton Avenue Multi-Tenant Investment

      Multi-tenant investment opportunity on Fulton Avenue, Sacramento.
      2917-2999 Fulton Ave, Sacramento, CA 95821
      View Details
    • Contact for pricing
      133,799 SF

      Two-Story Office Building For Sale

      Two-story office building totaling 133,799 square feet in Sacramento.
      3600 Marconi Ave, Sacramento, CA 95821
      View Details
    • Contact for pricing
      14,073 SF

      Professional Office Center For Sale

      Gated office center near Watt Ave. and Interstate 80.
      3650 Auburn Blvd, Sacramento, CA 95821
      View Details
    • $645,000

      Remodeled Office Condominium For Sale

      3,077 SF office condominium with modern finishes, remodeled in 2021.
      Watt Ave, Sacramento, CA 95821
      View Details
    • $1,500,000
      5,400 SF

      Medical Office Building Investment

      Net leased medical office building in Sacramento, CA for sale.
      3840 Watt Ave, Sacramento, CA 95821
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,857 SF

      Sacramento Office Building For Sale

      Office building totaling 83783 SF with retail amenities.
      2825-2829 Watt Ave, Sacramento, CA 95821
      View Details
    • Contact for pricing

      Interconnected Office Building For Rent

      Two-story office building in California's capital region available for rent.
      3600 Marconi Ave, Sacramento, CA 95821
      View Details
    • Contact for pricing
      28,559 SF

      Sacramento LEED Gold Certified Office

      LEED Gold certified office space with ample parking.
      2020 W El Camino Ave, Sacramento, CA 95821
      View Details
    • $500 /Mo

      Executive Office Unit For Lease

      Office unit for lease in a high visibility location.
      3117 El Camino Ave, Sacramento, CA 95821
      View Details
    • $2,625 /Mo
      1,500 SF

      1,500 SF Retail Space For Lease

      1,500 SF Retail Space For Lease
      2825 Howe Avenue, Sacramento, CA 95821
      View Details
    • $500 /Mo

      Executive Office Unit For Lease

      Office space for lease in a high-visibility location.
      3117 El Camino Ave, Sacramento, CA 95821
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3451 Longview Dr
    Sacramento, CA 95821-7104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!