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980 9th Street, Sacramento, CA 95814
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- Property Type Office - General Office
- Property Size 482,939 SF
- Lot Size 0.71 Acre
- Parking Spaces Avail. 820
- Parking Ratio 1.70/ 1,000 SF
- Property Tenancy Multi-Tenant
- LEED Certified Gold
- Building Class A+
- Year Built 1992
- 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 $1,331,695
- Market Value* $119,252,790
- Assessed Value $119,252,790
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 Park Tower?
Park Tower totals 482,939 square feet.
When was this property built?
Park Tower was built in 1992.
When was Park Tower last sold?
Park Tower was last sold on 21 Feb, 2020.
What is the property tax for Park Tower?
The property tax for Park Tower in 2021-2022 was $1,331,695.
What is the market value for Park Tower?
The market value* for Park Tower in 2021-2022 was $119,252,790.
*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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