10225 Austin DrSpring Valley, CA 91978

Property Details for 10225 Austin Dr

Year built

1988

Lot size

2.69 AC

Property size (Sq ft)

25,002 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Medical offices

Property subtype

Medical centers

APN

505-640-01-00

APU

5056400100

Description

This exceptional 25,002 square foot medical office building, located at 10225 Austin Drive in Spring Valley, California, 91978, presents a unique investment opportunity. The property boasts a multi-tenant configuration, ideal for a variety of medical practices. Built in 1988, this well-maintained building offers convenient access to Highway 94 via Sweetwater Springs Boulevard and I-125, ensuring easy commutes for patients and staff. The building features elevators for convenient access to all floors. Ample parking is provided, with a current ratio of 125 spaces, or approximately 5 spaces per 1,000 square feet. An on-site pharmacy adds further convenience for tenants and patients. The property is zoned C-30, reflecting its suitability for commercial medical use. This is a turnkey opportunity to acquire a thriving medical office building in a desirable location. The building's excellent condition and strategic location make it an attractive investment for both established and emerging medical practices. The property offers a stable income stream and significant potential for future growth. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $5,240,822

  6.5%

  $4,837,682

  7%

  $4,492,134

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,046,418

  Geo Method

  $8,799,954

• Alternative Use

  Use

  Valuation

  Residential

  $5,998,726

  Hospitality

  $5,494,800

  Educational

  $4,571,610

  Medical

  $4,728,834

  Retail

  $7,111,392

Location Insight

City

Spring Valley

County

San Diego

State

California

Latitude

32.7302

Longitude

-116.971

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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