985 Sun City LnLincoln, CA 95648

  • Office properties
  • 24,460 SF
For Lease
$19.08/SF/YR View listing

Property Details for 985 Sun City Ln

Year built
1999
Construction
WOOD
Lot size
2.70 AC
Property size (Sq ft)
24,460 SF
Property type
Office properties
Property subtype
Other office properties
APN
330-015-005-000
APU
330015005000

Description

This exceptional medical office building, located at 985 Sun City Lane in Lincoln, California, 95648, offers a unique investment opportunity. The property boasts a total of 24,246 square feet, with 19,220 square feet currently vacant and available for lease. The building is zoned for Medical and Office use, making it ideal for a variety of healthcare practices. Multiple tenancy options are available, with spaces ranging from a minimum of 3,429 square feet to a maximum contiguous space of 11,656 square feet. This presents flexibility for both large and small medical practices seeking to establish or expand their presence in this thriving community. The building is situated in the heart of the Sun City Lincoln Hills community, a vibrant area with over 6,700 single-family residences. This prime location offers excellent demographics, with a median household income exceeding $100,000 within a one-mile radius, ensuring a strong patient base and high potential for success. The property's strategic location and ample space make it an attractive option for medical professionals seeking a well-established and highly desirable location in Placer County. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your practice in this exceptional medical office building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,238,624
    6.5%
    $2,989,499
    7%
    $2,775,964
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,492,399
    Geo Method
    $3,492,399
  • Alternative Use

    Use
    Valuation
    Residential
    $3,706,979
    Hospitality
    $3,395,573
    Educational
    $2,825,077
    Medical
    $2,922,236
    Retail
    $4,394,564
985 Sun City Ln, Lincoln, California

Location Insight

City
Lincoln
County
Placer
State
California
Latitude
38.8699
Longitude
-121.275
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, 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
$25,528
$600,910
$1,798,028
$2,398,938
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