This exceptional 3,156 square foot office building is located at 11971 Heritage Oak Place in Auburn, Placer County, California, zip code 95603. The entire space is currently available for lease as a single unit. The property is a traditional office building suitable for medical or general office use, offering convenient access via elevator to the second-floor space. Its strategic location provides easy access to Highway 49 and Bell Road, ensuring convenient commutes for employees and clients. The building benefits from its proximity to Sutter Auburn Faith Hospital, making it an attractive option for medical practices or businesses serving the healthcare sector. Furthermore, the property is situated near a variety of professional office and medical facilities, banking institutions, and retail services, creating a vibrant and convenient business environment. The property features a total of 3,156 square feet, with no smaller divisible units available. The entire 3,156 square feet is currently vacant and ready for immediate occupancy.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$327,161
6.5%
$301,994
7%
$280,423
Comparable approach
Method
Valuation
Relative Method
$286,402
Geo Method
$297,268
Alternative Use
Use
Valuation
Residential
$374,473
Hospitality
$343,015
Educational
$285,385
Medical
$295,199
Retail
$443,932
Location Insight
City
Auburn
County
Placer
State
California
Latitude
38.9408
Longitude
-121.099
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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