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5272 Robert J Mathews Parkway

El Dorado Hills, CA 95762
  • $4,999,000
  • STATUS: Active
  • ON SITE: 143 Days
  • MLS #: 224009317
UPDATED: 126 min ago
$4,999,000
  • 0
    BEDS
  • 10.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 58,316
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:

School Ratings & Info

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!

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Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-06-22T23:40:11.24. MetroList® MLS Terms of Use. IDX provided by BoomTown.
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5272 Robert J Mathews Parkway El Dorado Hills, CA 95762

  • Price: $4,999,000
  • Status: Active
  • On Site: 143 Days
  • Updated: 126 min ago
  • MLS #: 224009317
0
Beds
0
Baths
0
½ Baths
10.91
Acres
58,316
SQFT
$86
$/SQFT
1983
Built
Neighborhood:
El Dorado Hills
County:
El Dorado
Area:
El Dorado Hills
Property 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!
Exterior Features

Construction Materials StoneStuccoWood Dock Doors 0 Foundation ConcreteSlab Loading Ground Level Dock Lot Features Landscape MiscMeadow EastMeadow West Num Of Floors 0 Parking Features Parking Lot 1 BlockStreet Road Frontage Private Road Roof FlatMetalOther Total Parking Spaces 0 Walls SheetrockWood

Interior Features

Cooling Central Flooring CarpetConcrete Slab Heating Central Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Building Features Meeting FacilitiesMultiple Tenant BuildingClear HeightClear Span CeilingsIndividual Thermostat Control Business Type CommercialRecreation Current Use Research & DevelopmentLight IndustrialLive WorkMixed Use Electric 3 Phase400+ Amp Service Income Includes Rent Lease Deposit 0 Lease Term Other Location Business Park Num Of Offices 0 Num Of Tenants 0 Operating Expense Includes InsuranceMaintenance GroundsUtilitiesMaintenance StructureManagement FeeProperty Tax Owner Pays Common Area Maintenance Property Condition Under ConstructionUpdated/RemodeledExterior-GoodInterior-FairInterior-GoodInterior-Very Good Property Subtype Office Property Type CommercialSale Sewer Sewer ConnectedPublic Sewer Special Listing Conditions None Structure Mixed UseOfficeIndustrial Tenant Pays None Utilities Underground UtilitiesNatural Gas Connected Water Source Meter on SiteWater District Year Renovated 0 Zoning CCR & D

Metrolist MLS logo Listing provided courtesy of Maremonte Realty Inc: . Listing information © 2024 MetroList Services, Inc.


Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-06-22T23:40:11.24. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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