838 Nordahl RdSan Marcos, CA 92069

  • Office properties
  • 20,046 SF

Property Details for 838 Nordahl Rd

Year built
2009
Lot size
5.06 AC
Property size (Sq ft)
20,046 SF
Zone code
COMMERCIAL
Property type
Office properties
APN
228-120-41-02
APU
2281204102

Description

This exceptional Class A medical office building, Nordahl Medical Centre, presents a unique opportunity. Located at the desirable border of San Marcos and Escondido in San Diego County, this three-story building offers sophisticated finishes and enduring materials, creating a welcoming atmosphere. Currently, a 1,944 square foot space (Space B) is available for immediate lease within a fully occupied building. This turnkey suite boasts seven fully built-out treatment rooms/private offices, a convenient ADA restroom, a spacious waiting room/reception area, a utility room, and ample storage. The corner unit location provides abundant natural light thanks to its expansive window line. The building itself totals 5,164 square feet and features a desirable 5.00 parking spaces per 1,000 square feet ratio. This is an ideal location for medical professionals seeking a prestigious, move-in ready space in a synergistic environment with other medical tenants. The building's multiple tenancy structure ensures a thriving and collaborative atmosphere. Don't miss this chance to secure a prime location in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,460,326
    6.5%
    $4,117,224
    7%
    $3,823,137
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,300,632
    Geo Method
    $7,055,590
  • Alternative Use

    Use
    Valuation
    Residential
    $5,105,358
    Hospitality
    $4,676,480
    Educational
    $3,890,777
    Medical
    $4,024,587
    Retail
    $6,052,320

Location Insight

City
San Marcos
County
San Diego
State
California
Latitude
33.1353
Longitude
-117.118
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, 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
2015
$48,143
$1,460,000
$2,030,000
$3,490,000
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