Bank of the West Tower
500 Capitol Mall, Sacramento, CA 95814
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- Property Type Office - General Office
- Property Size 445,984 SF
- Lot Size 1.12 Acre
- Parking Spaces Avail. 829
- Parking Ratio 1.86/ 1,000 SF
- Property Tenancy Multi-Tenant
- LEED Certified Platinum
- Building Class A+
- Year Built 2009
- City Sacramento, CA
- Neighborhood Downtown Sacramento
- Zip Code 95814
- Market Sacramento
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Sacramento
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Sacramento Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $23.82
- 2020 Office Vacancy Rate 12.39%
- 2020 Office Completions (SF) 598,300
Sacramento Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $184.86
- Y-o-Y Avg. PpSF Change -22.15%
- 2020 Office Sales Volume $421.4M
- 2020 Number of Transactions 23
- Property Tax in 2021-2022 $1,663,592
- Market Value* $148,973,958
- Assessed Value $148,973,958
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Bank of the West Tower?
Bank of the West Tower totals 445,984 square feet.
When was this property built?
Bank of the West Tower was built in 2009.
What is the property tax for Bank of the West Tower?
The property tax for Bank of the West Tower in 2021-2022 was $1,663,592.
What is the market value for Bank of the West Tower?
The market value* for Bank of the West Tower in 2021-2022 was $148,973,958.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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