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193 Blue Ravine Rd - Folsom Professional Center
1,850 SF Office Unit Offered at £453,675 in Folsom, CA 95630
Property Facts
Price | £453,675 | Building Class | A |
Unit Size | 1,850 SF | Number of Floors | 2 |
No. Units | 1 | Typical Floor Size | 35,000 SF |
Total Building Size | 70,000 SF | Year Built | 2005 |
Property Type | Office (Unit) | Lot Size | 5.98 AC |
Sale Type | Investment | Parking Ratio | 0.46/1,000 SF |
Price | £453,675 |
Unit Size | 1,850 SF |
No. Units | 1 |
Total Building Size | 70,000 SF |
Property Type | Office (Unit) |
Sale Type | Investment |
Building Class | A |
Number of Floors | 2 |
Typical Floor Size | 35,000 SF |
Year Built | 2005 |
Lot Size | 5.98 AC |
Parking Ratio | 0.46/1,000 SF |
1 Unit Available
Unit STE
Unit Size | 1,850 SF | Sale Type | Investment |
Price | £453,675 | Net Initial Yield | 6.00% |
Price Per SF | £245.23 | NOI | £27,220.50 |
Unit Use | Office |
Unit Size | 1,850 SF |
Price | £453,675 |
Price Per SF | £245.23 |
Unit Use | Office |
Sale Type | Investment |
Net Initial Yield | 6.00% |
NOI | £27,220.50 |
Description
This is an exceptional opportunity to acquire a stabilized, passive investment in a high-demand area of Folsom, California. This ground-floor unit is located in a professional office building at 193 Blue Ravine Road, this single-unit property is fully leased to a reputable company, ensuring steady income with the potential for year-over-year growth over the next four years.
The building itself is a modern, two-story brick structure set amidst lush landscaping and mature trees, offering a serene yet highly professional environment. With abundant natural light streaming through large windows, the workspace inside promotes both productivity and comfort. Ample parking and well-maintained grounds add to the appeal, making this property highly attractive to tenants seeking a prestigious business address.
Situated in a desirable area, this property offers convenient access to major thoroughfares and local amenities, while maintaining a calm, inviting atmosphere. The surrounding professional community and nearby services enhance its marketability as a sought-after business location.
Investors will appreciate the combination of stable cash flow (plus 3% increases for the next 4 years), professional surroundings, and the potential for increasing returns, making this a prime asset in any portfolio.
Sale Notes
Stabilized investment with established future growth in a very desirable area. The building is well-managed and nearly all maintenance costs are built in. Perfect for a passive investor. Cap rate includes HOA reserves that accumulate to cover major capital expenditures.
Amenities
- Signage
- Natural Light
zoning
Zoning Code | BP (PD) (Business and Professional Office/Planned Development) |
BP (PD) (Business and Professional Office/Planned Development) |
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193 Blue Ravine Rd - Folsom Professional Center
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