Property profile

5930 Granite Lake Dr Granite Bay, CA 95746

FOR LEASE
Office Spaces
Property ID
US09-8976414
4,924 SF 0.36 ac lot Built 2003
Entity Owned 21-yr Hold ~ Est. High Equity
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5930 Granite Lake Dr, Granite Bay, CA 95746 For Lease
$885,000 1,085 SF available
5930 Granite Lake Dr, Granite Bay, CA 95746
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Property summary

AI-generated overview

This exceptional executive office suite, totaling approximately 1,085 square feet, is situated within a larger 4,872 square foot building at 5930 Granite Lake Drive in Granite Bay, California. The property, built in 2003, boasts a convenient single-story design and is located on a 0.43-acre lot at the corner of Douglas Boulevard and Granite Lake Drive, offering excellent visibility and accessibility. The suite is part of a multi-tenant building, providing a professional and collaborative environment. The property's APN is 048-630-008. The building itself comprises 4,872 square feet, with 1,085 square feet currently available for lease. This presents a fantastic opportunity for businesses seeking a well-maintained, modern office space in a desirable Granite Bay location. The zip code is 95746. The property offers a prime location for businesses seeking high visibility and easy access to major thoroughfares. This single-story building provides convenient access for all tenants. The available space is ideal for a variety of professional uses. The ample lot size provides ample parking and potential for future expansion. This is a rare opportunity to secure a well-located and well-maintained office space in a thriving business community.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2003
Construction WOOD
Total area 4,924 SF
Lot 0.36 ac (15,725 SF)
Zoning code OP
APN 048-630-008-000
UPID US09-8976414

Cap rate & NOI

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

Location

5930 Granite Lake Dr Granite Bay, CA 95746
Granite Bay metro Census 20604 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.15M
Comparable Approach Comparable
by Request
Blend (final) Blend
$885k

Owner & transaction history

since 2004
7 recorded transactions
2004
Price N/A
2004
$1.0M
2002
Price N/A
2002
Price N/A
2002
Price N/A
2002
$570,000
1998
$92,500

Zoning & alternative use

OP · Granite Bay, CA
Top alternative use upside
Office building $1.4M +20.0%
Auto repair, garage $1.3M +11.2%

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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