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Property profile & analytics
FOR SALE
Office Spaces

500 Auburn Folsom Rd Auburn, CA 95603

19,056 SF 0.91 ac lot Built 2004
Individually Owned 21-yr Hold Free & Clear
Property ID
US09-7178399
Property summary
AI-generated overview

This exceptional two-story office building, situated on a 0.91-acre parcel in Auburn, California, presents a compelling investment opportunity. Boasting 17,654 square feet of space, the property commands a price of $5,206,278, translating to $294.91 per square foot. Constructed in 2007, this multi-tenant building enjoys a prominent location within Auburn, recognized as a signature property. Its strategic placement provides convenient access to both Interstate 80 and Highway 49, ensuring excellent visibility and accessibility for tenants and clients. The building's strong performance is reflected in its attractive 6.50% capitalization rate, making it an ideal addition to any investment portfolio. The property's address is 500 Auburn Folsom Rd, Auburn, CA 95603, within Placer County. This well-maintained building offers a significant opportunity for investors seeking a stable, high-yield asset in a desirable California location. The building's multi-tenant structure provides diversification and potential for future income growth. Its modern design and prime location make it an attractive option for a wide range of businesses. This is a rare opportunity to acquire a high-quality, established office building in a thriving market.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2004
Construction WOOD
Total area 19,056 SF
Lot 0.91 ac (39,470 SF)
Zoning code R1
APN 004-192-030-000
UPID US09-7178399
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. Shiva Salehi Dental Office
  • Michael Kent Murphy Architect Architect
  • Ryan Rivera Mortgage team Loan Service Bank
  • the messina team Real Estate Agency
  • AUBURN BLUFF ESTATES Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.46M
Comparable Approach Comparable
$4.85M
Blend (final) Blend
$4.19M
Owner & transaction history
Ptshp Parkhill III · 21 yrs held
Ptshp Parkhill III
since 2004
6 recorded transactions
2004
$250,000
2004
$250,000
2003
$300,000
2003
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R1 · Auburn, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $5.1M +15.3%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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