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701 University Avenue, Sacramento, CA 95825
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- Property Type Office - General Office
- Property Size 265,379 SF
- Lot Size 15.24 Acre
- Parking Spaces Avail. 928
- Parking Ratio 3.50/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1971
- City Sacramento, CA
- Neighborhood Campus
- Zip Code 95825
- 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 $448,141
- Market Value* $36,926,652
- Assessed Value $36,926,652
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 University Avenue?
University Avenue totals 265,379 square feet.
When was this property built?
University Avenue was built in 1971.
When was University Avenue last sold?
University Avenue was last sold on 17 Dec, 2021.
What is the property tax for University Avenue?
The property tax for University Avenue in 2021-2022 was $448,141.
What is the market value for University Avenue?
The market value* for University Avenue in 2021-2022 was $36,926,652.
*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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