622 20th St Sacramento, CA 95811-1712
- Office buildings
- 12,800 SF
- 0.29 lot acres
Current Use by Public Records
- Office buildings
Property Details for 622 20th St
- Year built
- 1931
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.29 lot acres
- Property size
- 12,800 SF
- Zone code
- C-2-SPD
- Property type
- Office buildings
- APN
- 003-0173-010-0000
- APU
- 301730100000
Description
This exceptional 5,237-square-foot executive office suite is located in a classic brick building at 622 20th Street in Sacramento County's vibrant Midtown. Fully renovated in 2019, this Class B office space offers immediate occupancy, with availability starting April 1, 2025. The space is part of a larger 12,800-square-foot building with multiple tenants. Enjoy the convenience of on-site parking, supplemented by additional parking options at Union Pacific at a rate of $80.00 per month. This prime Midtown location provides unparalleled access to Sacramento's best restaurants, entertainment venues, and the Central Business District (CBD). Regional transit is also within easy walking distance. The rental rate is $2.50 per rentable square foot. This fully serviced space presents a unique opportunity for businesses seeking a prestigious and well-appointed office environment in the heart of Sacramento's most desirable neighborhood. The building features a blend of classic charm and modern amenities, creating a sophisticated and productive workspace. Don't miss this chance to secure your business's future in this thriving location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,620,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,250,000
- 6.5%
- $3,395,000
- 7%
- $3,575,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,715,000
- Geo Method
- $3,920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,915,000
- Retail
- $3,400,000
- Mixed-Use
- $3,045,000
- Hospitality
- $4,160,000
- Educational
- $3,320,000
- Residential Income
- $3,980,000
- Energy
- $3,315,000
- Income-Based Land
- $3,545,000
- Food Service
- $3,740,000
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.479
- Latitude
- 38.5804
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA