156 Maag AveOakdale, CA 95361

  • Retail properties
  • 4,288 SF
For Sale
$7,950,000 View listing

Property Details for 156 Maag Ave

Year built
1991
Construction
WOOD
Lot size
0.48 AC
Property size (Sq ft)
4,288 SF
Property type
Retail properties
Property subtype
Super regional malls
APN
064-043-007-000
APU
64043007000

Description

This exceptional investment opportunity presents a 12,900 square foot, freestanding veterinary hospital and surgery center situated on a 1.34-acre lot at 156 N Maag Avenue in Oakdale, California. The property is currently under a double-net (NN) lease with VCA, Inc., a leading veterinary services provider with over 1,000 locations globally. This corporate-guaranteed lease provides a secure, low-management investment with significant remaining term. The initial lease term has 10 years remaining, followed by two 5-year options, ensuring long-term income stability. The Oakdale Veterinary Group, acquired by VCA in 2024, boasts a remarkable 50+ year history of success and growth, demonstrating the location's strong market position. The facility offers comprehensive veterinary services, including surgery, X-ray, ultrasound, and on-site MRI scanning, catering to a wide range of animal care needs. This presents a compelling opportunity for passive investors seeking a stable, high-growth investment in a thriving industry. The global veterinary services market is projected to reach $142 billion by 2025, indicating continued expansion and potential for future appreciation. The property's location in Oakdale, CA, offers further advantages. The asking price for this exceptional investment property is $9,400,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $990,495
    6.5%
    $914,303
    7%
    $848,996
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,486,452
    Geo Method
    $1,542,846
  • Alternative Use

    Use
    Valuation
    Residential
    $771,249
    Hospitality
    $706,460
    Educational
    $587,766
    Medical
    $607,980
    Retail
    $914,303
156 Maag Ave, Oakdale, California

Location Insight

City
Oakdale
County
Stanislaus
State
California
Latitude
37.7709
Longitude
-120.831
CBSA code
33700
CBSA name
MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,235
$121,925
$548,217
$670,142
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