300 H StNeedles, CA 92363

Property Details for 300 H St

Year built

1958

Construction

WOOD FRAME

Lot size

0.74 AC

Property type

Medical offices

Property subtype

Medical centers

APN

0185-341-05-0000

APU

185341050000

Description

This exceptional commercial property, located at 300 H Street in Needles, California, presents a unique investment opportunity. The building boasts a substantial 2,655 square feet of space situated on a sizable 0.74-acre lot (32,250 square feet). Its versatile design makes it suitable for a wide range of businesses. Previously used for medical purposes, the possibilities are virtually limitless. The property includes a recently added carport, providing shaded parking and protection from the elements, a valuable asset in the Needles climate. Its central location in Needles offers easy access to neighboring Bullhead City and Lake Havasu City, with convenient proximity to Interstate 40 and a McDonald's restaurant. The building's size and location make it an ideal choice for entrepreneurs seeking a well-established space with high visibility and ample parking. The asking price of $318,000 reflects the property's significant potential and presents a compelling investment opportunity in a growing area. This property is ready for immediate occupancy and offers a chance to establish or expand a business in a strategic location. Don't miss this chance to own a piece of Needles' commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $8,641,105

  6.5%

  $7,976,404

  7%

  $7,406,662

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,461,288

  Geo Method

  $6,461,288

• Alternative Use

  Use

  Valuation

  Residential

  $9,890,742

  Hospitality

  $9,059,866

  Educational

  $7,537,702

  Medical

  $7,796,936

  Retail

  $11,725,315

Location Insight

City

Needles

County

San Bernardino

State

California

Latitude

34.8392

Longitude

-114.609

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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