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

January 31, 2024

Listed

July 13, 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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