319 Mall DrHanford, CA 93230
- Office properties
- 6,654 SF
Property Details for 319 Mall Dr
- Year built
- 2010
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.71 AC
- Property size (Sq ft)
- 6,654 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 011-060-047-000
- APU
- 11060047000
Description
This exceptional Class A medical office building, located at 319 Mall Drive in Hanford, California, presents a rare investment opportunity. The 6,654 square foot property, built in 2010, sits on a 31,066 square foot lot and is priced at $2,200,000 ($330.63/SF). Ideally situated on Mall Drive, it boasts prominent pad exposure and is conveniently located within walking distance of Adventist Health Hospital and Hanford Mall. The building is a fully built-out, move-in ready surgery center, already equipped with two large surgery rooms, a backup generator, a medical gas system, and features designed to meet OSHPD standards. This turnkey facility offers significant cost savings compared to constructing a new facility, making it an attractive option for surgeons seeking a high-quality, hospital-grade environment. The property is ASC certified, ensuring compliance with relevant regulations. This is a truly exceptional opportunity to acquire a well-appointed, strategically located medical office building in a thriving California market. The property's amenities and prime location make it an ideal investment for medical professionals seeking a cost-effective and efficient space to establish or expand their practice.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $943,313
- 6.5%
- $870,750
- 7%
- $808,554
-
Comparable approach
- Method
- Valuation
- Relative Method
- $883,586
- Geo Method
- $1,855,867
-
Alternative Use
- Use
- Valuation
- Residential
- $1,079,730
- Hospitality
- $989,027
- Educational
- $822,859
- Medical
- $851,159
- Retail
- $1,280,003
Location Insight
- City
- Hanford
- County
- Kings
- State
- California
- Latitude
- 36.3264
- Longitude
- -119.668
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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