7001 Greenback LnCitrus Heights, CA 95621

Property Details for 7001 Greenback Ln

Year built

1966

Construction

TILT-UP CONCRETE

Lot size

0.45 AC

Property size (Sq ft)

3,086 SF

Zone code

BP

Property type

Healthcare properties

Property subtype

Medical offices

APN

229-0100-004-0000

APU

22901000040000

Description

This exceptional 7001 Greenback Lane medical office building presents a unique owner-user opportunity in the thriving Citrus Heights, California market. Located in Sacramento County, at 95621 zip code, this property is ideally situated at 38.6785223 latitude and -121.3006029 longitude, offering convenient access for patients and staff. The building is listed at $820,000 and is classified as a medical office space within a larger office complex. The property's prime location and functionality make it an attractive investment for medical professionals seeking to establish or expand their practice. This is a chance to acquire a well-situated building in a growing area, offering the potential for significant return on investment. The building itself is ready for immediate occupancy, providing a seamless transition for any medical practice. Its design and layout are well-suited for a variety of medical specialties, offering flexibility and adaptability to meet the needs of a diverse clientele. The address is 7001 Greenback Ln, Citrus Heights, CA. This is a rare opportunity to own a premier medical office building in a desirable location. Serious inquiries are encouraged to explore this exceptional investment prospect further. The property is categorized as an office building with a medical office subtype.

• CAP approach

  CAP return

  Valuation

  6%

  $408,602

  6.5%

  $377,171

  7%

  $350,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $440,619

  Geo Method

  $440,619

• Alternative Use

  Use

  Valuation

  Residential

  $467,692

  Hospitality

  $428,403

  Educational

  $356,426

  Medical

  $368,684

  Retail

  $554,441

Location Insight

City

Citrus Heights

County

Sacramento

State

California

Latitude

38.6786

Longitude

-121.301

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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