527 G StDavis, CA 95616

Property Details for 527 G St

Year built

1951

Lot size

0.13 AC

Property size (Sq ft)

918 SF

Zone code

C-C

Property type

Office properties

Property subtype

Office buildings

APN

070-194-013-000

APU

70194013000

Description

This exceptional 924-square-foot creative office space at 527 G Street in Davis, CA, presents a rare owner-user opportunity. Located in desirable Old North Davis, this property boasts recently completed renovations, including new finishes, updated concrete flatwork, and a stylishly appointed bathroom. The generous 5,502-square-foot lot offers significant potential for expansion or redevelopment, making it an attractive option for developers seeking to maximize the site's capacity. Ample parking is available in the rear of the building. The property's convenient location places it directly across from the Davis Food Co-op and within easy walking distance of downtown Davis, providing excellent access to amenities and a vibrant community. The asking price for this unique property is $675,000, and the Assessor's Parcel Number (APN) is 070-194-013-000. This is a fantastic chance to acquire a well-maintained, versatile commercial property in a highly sought-after location. The property's blend of existing improvements and development potential makes it an ideal investment for a small business seeking a unique workspace or a developer looking for a prime opportunity in a thriving California city. The property is zoned for office use.

• CAP approach

  CAP return

  Valuation

  6%

  $165,444

  6.5%

  $152,717

  7%

  $141,809

• Comparable approach

  Method

  Valuation

  Relative Method

  $131,072

  Geo Method

  $131,072

• Alternative Use

  Use

  Valuation

  Residential

  $189,370

  Hospitality

  $173,462

  Educational

  $144,318

  Medical

  $149,281

  Retail

  $224,495

Location Insight

City

Davis

County

Yolo

State

California

Latitude

38.5483

Longitude

-121.741

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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