985 Sun City LnLincoln, CA 95648
- Office properties
- 24,460 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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