58,316
Sq. Ft.
10.91
Acre Lot
Distinctive 58,316 square foot office campus on approximately 11 acres in El Dorado Hills, a premiere community in Sacramento Foothills. The campus is part of the prestiges 700-acre El Dorado Hills Business Park and includes a 13,781 square foot central building and four connected outer two-story buildings, each 11,134 square feet. The central Main Building was stunningly renovated in 2019 and is occupied by the Seller and three tenants. The four outer 2-story offices totaling 44,536 square feet are vacant and are an amazing value add'' opportunity for the new owner. Based on $.50/ft (30% of market rate) the cap rate is 6.44%, and based on $1.00/ft (60% of market rate) the cap rate is 11.25%. Each of these four buildings have their own HVAC, restrooms (with showers), exterior entries, and areas for individual parking lots. This property has a myriad of opportunities for the new buyers, remaining square footage can be renovated, and rented for large month to month return, building and/or property could be subdivided, buildings can be scraped and 11 acres used for new development. Don't miss out on this amazing opportunity!
224009317
Commercial - Office, Business Opportunities, Other
1983
El Dorado
10.91
Acres
Stone,Stucco,Wood
Public Sewer
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Loading...
Loading...
Courtesy: Joseph Rondone, Maremonte Realty Inc
Agent License: 01941020