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3000 T Street Sacramento, CA $ 1,275,000
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$ 1,275,000 Get more info
3000 T Street
$ 1,275,000
Back to search
Share Save

3000 T Street

Sacramento, CA, 95816
$ 1,275,000
Baths0.0 Sq 7,874

Monthly Estimate*

$ 8,906

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Studio

Commercial Property for sale in Sacramento, CA

for $1,275,000. This 7,874 square foot building was built in 1981 on a lot size of 0.2938.

3000 T Street is an approx. 7,880 SF two-story office building situated at the corner of 30th and T Streets, just adjacent to the Business 80 on/off ramps. The building is comprised of ten small office suites ranging from 300-1,800 SF. The property is currently 55% leased to six month-to-month tenants paying an average rent of $1.16 PSF fully serviced, which is about $.50 PSF less than market rent for comparable office space. The property is a true value-add office investment whereby rents and occupancy can be increased with cosmetic improvements and active leasing strategies. The property can also accommodate an owner-user in all or a portion of the building upon closing. The building is situated on a 12,800 SF lot that extends from T Street to Tomato Alley with 160 feet of frontage along 30th Street. The proposed 2040 General Plan would change underlying zoning to Residential Mixed Use with a FAR of 4.0, which would allow a 52,000 SF building on the site. Therefore, the property is also a unique covered land play whereby carry costs are offset by the existing office building rent until construction and debt costs will allow a new development on the entire site. Priced at $1,275,000 which is $161 PSF on the building and $99 PSF on the land

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Commercial Pending

Price

$ 1,275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.2938

Year Built

1981

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

223089784
Features
General
Sewer Public Sewer
Heating Central
Cooling Central
Utilities Master Gas Meter Master Water Meter
Roof Flat
Construction Materials Frame Wood
Year Built 1981
Electric Separate Electric Meter
Tenant Pays Other
Stories 0
Property SubType Office
Location Public Transportation Nearby Freeway Nearby Light Rail Nearby
Business Type Other
County Sacramento
Property Type CommercialSale
Building Features Other
Close Price 0.0
Status Pending
Directions Located at the corner of 30th and T Street. On-site parking is open.
City Sacramento
Buyer Agent Compensation 2.5
Zoning Description Residential Office
Total Units 10
MLS Area 10816
Lot Size Square Feet 12798.0
Street Name T
Ok to Lease Month To Month
Standard Status Pending
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent
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Interior
Flooring Carpet Vinyl 0
Office Area 7874
Total Stories 0
Street Suffix Street
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Exterior
Parking Features Open Private
Water Source Public
Total Parking 20.0
Number of Buildings 0
Building Area Total 7874.0
Lot Size Acres 0.2938
Lot Size Source Assessor Auto-Fill
Parking Ratio 0.0
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Internal Only
Street Number 1 3000
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* Excluded Features
List By
Ken Turton, Broker

Broker

jonlang@turtoncom.com

Email

Affordability Calculator

$8,906
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,906
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295416 Elementary School
295437 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/18/2023 $1,275,000 Listed Price

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3000 T Street, Sacramento, CA, 95816 is a Commercial Property for sale at $1,275,000 with 7,874 sqft and a lot size of 0.2938. 3000 T Street is a studio with 0.0 baths and was built in 1981. The property's zip code is 95816 which is in Sacramento, CA

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