Active
5272 Robert J Mathews Parkway
El Dorado Hills CA, 95762
$4,999,000
$85.72 per sqft
Active
58,316 sqft
Commercial
Built in 1983
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
MLSⓇ ID
May 9, 2024
Updated
Map
5272 Robert J Mathews Parkway
El Dorado Hills CA, 95762
Interior Features
Interior Features
Carpet, Concrete
Floor Description
Carpet, Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
10.91 Acres
Roof
Metal
Sewer
Public Sewer
Other Property Details
Area Name
12602
Garage
No
View
No
County
El Dorado
Pool
No
Zoning
CC, R & D,
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
5/8/2024 | Price Change | $4,999,000 -10% |
Courtesy of Maremonte Realty Inc, Joseph Rondone,
Listing Contact:
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