Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    711 University Ave, Unit A Sacramento, CA 95825-6708
    Back to Search
    Property profile & analytics

    711 University Ave, Unit A, Sacramento, CA 95825-6708

    View on Map
    • Office Spaces
    • 2,695 SF
    • 2.83 lot acres
    Off-Market
    Last Sale May 30, 2025
    $945,000
    Property ID
    US09-0314453
    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
    $950,000
    Show details
    Cap Rate Potential
    4%
    Office Spaces
    Location Intelligence

    Current Use by Public Records

    • Wallace & Toney / Accounting Firm / Tax Preparation

    Property Details for 711 University Ave

    Year built
    1982
    Construction
    WOOD
    Lot size
    2.83 lot acres
    Zone code
    OB-R-PC-PU
    Property type
    Office Spaces
    APN
    295-0030-017-0011
    APU
    29500300170011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 30, 2025 $945,000 711 University LLC Nathaniel Vincent Grant Deed $803k · First Citizens Bank & Trust Co
    Apr 23, 2025 — Vincent Catherince Robert G Wallace Deed · related —
    May 9, 2016 — Wallace,robert G Trust Wallace,robert G Quit Claim Deed · related —
    May 31, 2001 $375,000 Robert G Wallace Robert M Bittle Estate Grant Deed · related $350k · Alice Chazen
    — — Robert G Wallace — Deed Of Trust · related $400k · Tri Counties Bank
    — — Robert G Wallace — Deed Of Trust · related $350k · Alice Chazen

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $980,000
      ML approach
      $930,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $655,000
      6.5%
      $605,000
      7%
      $560,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $845,000
      RETAIL STORES
      $810,000
      AUTO REPAIR, GARAGE
      $690,000
      COMMERCIAL (GENERAL)
      $635,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.42
    Latitude
    38.5667
    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
    $8,711
    $248,576
    $394,298
    $642,874
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      Fairgate Rd

      CONDOMINIUM OFFICES
      Fairgate Rd, Sacramento, CA 95825
      View Details
    • Value Estimation by Request
      0.00 Acres

      1870 Avondale Ave, Unit J

      OFFICE (GENERAL)
      1870 Avondale Ave, Sacramento, CA 95825-1388
      View Details
    • Value Estimation
      $570,000
      3,416 SF

      705 University Ave, Unit A

      CONDOMINIUM OFFICES
      705 University Ave, Sacramento, CA 95825-6708
      View Details
    • Value Estimation by Request
      2,270 SF

      701 Howe Ave Ste A6

      CONDOMINIUM OFFICES
      701 Howe Ave Ste A6, Sacramento, CA 95825-4604
      View Details
    • Value Estimation by Request
      4,514 SF

      650 Howe Ave Ste, Unit 700

      CONDOMINIUM OFFICES
      650 Howe Ave Ste, Sacramento, CA 95825-4797
      View Details
    • Value Estimation by Request
      2,200 SF

      2100 Northrop Ave Ste, Unit 100

      CONDOMINIUM OFFICES
      2100 Northrop Ave Ste, Sacramento, CA 95825-3922
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,800 SF

      Arden Way Commercial Property For Sale

      Commercial property at signalized intersection near retail and medical facilities.
      3301 Arden Way, Sacramento, CA 95825
      View Details
    • Contact for pricing
      8,162 SF

      Sacramento Office Building For Sale

      8,162 SF office building available in Sacramento, CA.
      3301 Alta Arden Expy, Sacramento, CA 95825
      View Details
    • Contact for pricing
      3,478 SF

      Sacramento Office Space For Sale

      Office space for sale near Highway 50 on-ramp.
      715-745 University Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      8,958 SF

      Creative Office Space For Sale

      Unique creative office space with income potential in Sacramento.
      109 Scripps Dr, Sacramento, CA 95825
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Sacramento Office Space for Rent

      Office space with access to highways and retail.
      1010 Hurley Way, Sacramento, CA 95825
      View Details
    • Contact for pricing

      Office Space Near Arden Fair

      Office space with access to highways and retail options.
      1111 Howe Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      6,500 SF

      Arden Way Retail/Office/Warehouse Space

      Versatile 6,500 sq ft space on busy Arden Way.
      3133 Arden Way, Sacramento, CA 95825
      View Details
    • Contact for pricing

      Campus Commons

      Discover many ways to work your way in Campus Commons
      333 University Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      4,649 SF

      Watt Avenue Office Space Available

      Centrally located office space in Sacramento's Watt Corridor.
      2255 Watt Ave, Sacramento, CA 95825
      View Details
    • Contact for pricing
      1,290 SF

      Renovated Office Space Available

      Attractive office space with renovated common areas and landscaping.
      1300 Ethan Way, Sacramento, CA 95825
      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.
    711 University Ave, Unit A
    Sacramento, CA 95825-6708
    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

    Thank You for Inquiry
    711 University Ave, Sacramento, CA, 95825
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!