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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
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
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.

Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Signage
  • Natural Light

zoning

Zoning Code BP (PD) (Business and Professional Office/Planned Development)
BP (PD) (Business and Professional Office/Planned Development)
  • Listing ID: 33146170

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: 193 Blue Ravine Rd, Folsom, CA 95630

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