4851 Lone Tree WayAntioch, CA 94531

Property Details for 4851 Lone Tree Way

Year built

2003

Lot size

1.23 AC

Property size (Sq ft)

14,054 SF

Property type

Office properties

Property subtype

Office buildings

APN

056-011-048-8

APU

560110488

Description

This exceptional 14,054 square foot medical office building, constructed in 2003, is situated at 4851 Lone Tree Way in Antioch, California, within a Walmart-anchored shopping center in Contra Costa County (zip code 94531). The property features a single tenancy, currently offering 2,153 square feet of vacant space, ideal for expansion or a new tenant. The building's layout includes nine private offices or conference rooms, a reception area, a break room, and restrooms, providing a comprehensive and functional space for medical professionals. The property's location within a thriving retail center ensures high visibility and convenient access for patients and staff. The building's total square footage is 14,054 square feet, offering ample space for a variety of medical practices. This presents a unique opportunity to acquire a well-established medical office building in a high-demand area. The property's strategic location within a busy retail center, coupled with its functional layout and ample space, makes it an attractive investment for those seeking a strong foothold in the Contra Costa County medical market. The existing infrastructure and amenities provide a seamless transition for any medical practice looking to establish or expand its presence in Antioch. This is a single-tenant property, offering the potential for significant long-term growth and return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $6,491,008

  6.5%

  $5,991,700

  7%

  $5,563,722

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,641,944

  Geo Method

  $3,919,801

• Alternative Use

  Use

  Valuation

  Residential

  $7,429,708

  Hospitality

  $6,805,573

  Educational

  $5,662,156

  Medical

  $5,856,887

  Retail

  $8,807,799

Location Insight

City

Antioch

County

Contra Costa

State

California

Latitude

37.9638

Longitude

-121.767

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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