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Property profile & analytics
FOR LEASE
Medical Office Space

9727 Elk Grove Florin Rd Elk Grove, CA 95624

27,342 SF 2.55 ac lot Built 1988
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US09-1382709
Property summary
AI-generated overview

This exceptional two-story, Class B medical office building, totaling 27,342 square feet, is situated on a 2.55-acre lot in Elk Grove's thriving business district, conveniently located near Elk Grove Blvd. Built in 1988 and extensively renovated in 2024, the property boasts 19 suites, with two immediately available, ranging from 670 to 1,050 contiguous square feet. A total of 1,720 square feet of vacant space is ready for immediate occupancy. The building features ample parking with 182 spaces and elevators for convenient access. The property is zoned BP/Business Professional (City of Elk Grove) and has a building floor area ratio (FAR) of 0.15. Recent upgrades include fresh exterior paint and landscaping enhancements. This is a full-service gross lease, meaning all operating expenses—property taxes, fire insurance, electricity, gas, trash, sewer, water, storm drain, janitorial services (five days a week), HVAC maintenance, roof maintenance, parking lot maintenance, and landscaping—are included in the base monthly rent. Tenants are only responsible for internet and suite security system costs in addition to the base rent. The property's APN is 125-0130-031. This presents a fantastic opportunity for medical professionals seeking modern, well-maintained office space in a prime Elk Grove location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Construction WOOD
Total area 27,342 SF
Lot 2.55 ac (111,077 SF)
Zoning code BP
APN 125-0130-031-0000
UPID US09-1382709
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
  • Elk Grove Family Dentistry Dental Office
  • Dorminey Orthodontics Dental Office
  • Elk Grove Orthodontics Dental Office
  • Michael Moore, DDS Dental Office
  • Adriane Scortia Dental Corporation Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.78M
CAP Approach CAP
$5.58M
Comparable Approach Comparable
$4.51M
Blend (final) Blend
$4.78M
Owner & transaction history
Northwest Investment Group LLC · 2 yrs held
Northwest Investment Group LLC
since 2024
Last sale
$4.8M
3 recorded transactions
2024
$4.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BP · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $7.8M +10.0%
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