1955 Citracado PkwyEscondido, CA 92029

Property Details for 1955 Citracado Pkwy

Year built

2011

Lot size

3.19 AC

Property size (Sq ft)

44,393 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Medical offices

Property subtype

Medical centers

APN

232-592-11-00

APU

2325921100

Description

This exceptional Class A medical office suite, totaling 2,803 square feet, is available for lease within a larger, three-story medical building (44,261 square feet total) in Escondido, California. Built in 2011, the property boasts five exam rooms, a private bath, doctor's offices, reception area, and administrative space. The suite is ideally situated within the vibrant Madison Medical Center, offering convenient proximity to Palomar Medical Center, a state-of-the-art 288-bed hospital. This location provides ample synergy with other medical providers within the extensive medical campus. The building features on-site imaging and lab facilities, and benefits from abundant free parking, easily accessible from Interstates 5 and 78. The property is professionally managed and offers flexible lease terms, accommodating both short-term and long-term needs. This cost-effective opportunity is perfect for establishing a new medical practice or expanding an existing one. The building sits on a 3.91-acre lot in San Diego County, zip code 92029, at 1955 Citracado Parkway. Daily rates for exam rooms are available.

• CAP approach

  CAP return

  Valuation

  6%

  $9,872,992

  6.5%

  $9,113,531

  7%

  $8,462,565

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,308,434

  Geo Method

  $15,625,004

• Alternative Use

  Use

  Valuation

  Residential

  $11,300,778

  Hospitality

  $10,351,452

  Educational

  $8,612,287

  Medical

  $8,908,477

  Retail

  $13,396,891

Location Insight

City

Escondido

County

San Diego

State

California

Latitude

33.1132

Longitude

-117.121

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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