3625 Mission AveCarmichael, CA 95608

Property Details for 3625 Mission Ave

Year built

1971

Construction

WOOD

Lot size

0.91 AC

Property size (Sq ft)

9,328 SF

Zone code

BP (NPA)

Property type

Healthcare properties

Property subtype

Medical offices

APN

256-0254-019-0000

APU

25602540190000

Description

This 8,276 sq ft medical office building in Carmichael, CA, is available for $1,250,000. Built in 1970, this single-story, Class C building sits on a 0.91-acre lot (APN 256-0254-019) and is currently vacant, with occupancy available September 30, 2024. The property features a pre-existing, state-of-the-art dental lab occupying half the space, and the remaining area offers a mix of functional medical offices and shell space ready for customization. Located in a thriving community, it benefits from strong demographics: approximately 140,998 people within a three-mile radius, boasting an average household income of $110,914. Zoned specifically for medical use, this property presents a unique opportunity for healthcare providers seeking a strategic location in a growing area. The building's price per square foot is $151.04. This owner/user investment opportunity is perfect for expansion or a new practice. The property is zoned for medical use only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,235,073

  6.5%

  $1,140,067

  7%

  $1,058,634

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,331,852

  Geo Method

  $1,331,852

• Alternative Use

  Use

  Valuation

  Residential

  $1,413,684

  Hospitality

  $1,294,926

  Educational

  $1,077,364

  Medical

  $1,114,416

  Retail

  $1,675,899

Location Insight

City

Carmichael

County

Sacramento

State

California

Latitude

38.631

Longitude

-121.356

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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