Description
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!
Location
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Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 18th May, 2024 5:49 PM (UTC)
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 18th May, 2024 5:49 PM (UTC)
Listing Agent: Joseph M Rondone
Listing Office: Maremonte Realty Inc
