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496 East Ave 1,500 SF Office Building Lincoln, CA 95648 $650,000 ($433.33/SF) 4% Cap Rate



INVESTMENT HIGHLIGHTS
- Just 2 blocks from Del Webb's Sun City
- Well maintained property
- Handicap parking and accessibility
- Excellent opportunity for a successful business
EXECUTIVE SUMMARY
Here's a golden opportunity in this fast growing area of Placer County. It's a perfect place for your business. Just 2 blocks from Del Webb's retirement community. You'll find lots of great shopping, numerous restaurants, Thunder Valley Casino, easy access to Highway 65 and a scenic drive through the foothills to Highway 80. This office building has so much to offer. It has been impeccably maintained with a newer roof and paint. It is freestanding and is situated on a corner with easy access, a private parking lot, ADA parking and building accessibility, 4 separate office/medical/dental spaces with a reception area/foyer/waiting room, 2 restrooms, a utility room with washer & dryer hook ups, fenced side and rear yard and storage. It has the potential for many types of business. Perhaps office, CPA, dental, medical/med spa, veterinarian clinic, insurance agency or ???. Please come take a look. We'd love to work with you.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
1,500 SF
Building Class
B
Year Built
1978
Price
$650,000
Price Per SF
$433.33
Cap Rate
4%
NOI
$26,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,500 SF
Building FAR
0.19
Lot Size
0.18 AC
Zoning
C - Clinic or Medical
Parking
10 Spaces (6.67 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Reception
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- None
- -
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
None | - | - | - | - |
Walk Score®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 008-216-006 | Improvements Assessment | $123,007 |
Land Assessment | $9,958 | Total Assessment | $132,965 |
PROPERTY TAXES
Parcel Number
008-216-006
Land Assessment
$9,958
Improvements Assessment
$123,007
Total Assessment
$132,965
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Presented by
River Ridge Realty
496 East Ave
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