1355 Bessie AveTracy, CA 95376
- Healthcare properties
- 956 SF
Property Details for 1355 Bessie Ave
- Year built
- 1944
- Construction
- WOOD
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 956 SF
- Zone code
- 9
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 233-082-080-000
- APU
- 233082080000
Description
This well-maintained medical office building, located at 1355 Bessie Avenue in Tracy, CA 95376, presents a unique investment opportunity. The property, situated on approximately 0.12 acres, offers a total of 1,106 square feet of space, divided between two buildings. The main building comprises approximately 956 square feet, featuring a reception and waiting area, four exam rooms with sinks, a lab/break area with a sink, and two restrooms. Natural light is abundant thanks to strategically placed skylights. An additional 150 square feet of storage space is available in a separate building on the property. The property benefits from ample onsite and street parking, as well as the potential for street signage. The building was constructed in 1980 and is classified as a Class B property. Currently vacant, this property is zoned MO - Medical Office (City of Tracy), making it ideally suited for a variety of medical practices. Its proximity to Sutter Health Hospital provides excellent visibility and accessibility. The property's features include a well-maintained interior and exterior, making it move-in ready for a new tenant or owner. The property's APN is 233-082-080. This is a rare opportunity to acquire a prime medical office building in a thriving location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $274,167
- 6.5%
- $253,077
- 7%
- $235,000
-
Comparable approach
- Method
- Valuation
- Relative Method
- $266,638
- Geo Method
- $266,638
-
Alternative Use
- Use
- Valuation
- Residential
- $313,815
- Hospitality
- $287,453
- Educational
- $239,158
- Medical
- $247,383
- Retail
- $372,023
Location Insight
- City
- Tracy
- County
- San Joaquin
- State
- California
- Latitude
- 37.7428
- Longitude
- -121.433
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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