649 County Center DrVisalia, CA 93277

  • Super regional malls
  • 21,482 SF
For Sale
$5,950,000 View listing

Property Details for 649 County Center Dr

Year built
2008
Construction
WOOD
Lot size
2.18 AC
Property size (Sq ft)
21,482 SF
Zone code
CSO
Property type
Super regional malls
APN
095-010-063-000
APU
95010063000

Description

This exceptional Class A office building, located at 649 S County Center Dr in Visalia, California, presents a unique investment opportunity. Boasting 21,482 square feet, this single-story structure is situated within the well-maintained Visalia Marketplace shopping center, ensuring high visibility and convenient access. Currently configured as an educational facility, its adaptable layout makes it ideal for a variety of office uses, including creative office spaces and traditional office setups. The asking price is $5,950,000, translating to $276.98 per square foot. Ample parking is readily available for tenants and visitors. Its strategic location off W Noble Ave provides direct access to Highway 198, offering unparalleled convenience and accessibility for employees and clients. The building's excellent condition and prime location within a thriving shopping center make it a highly desirable property for businesses seeking a prestigious and functional workspace in Visalia, Tulare County, CA 93277. This is a rare opportunity to acquire a well-established, high-quality office building in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,476,773
    6.5%
    $4,132,406
    7%
    $3,837,234
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,188,549
    Geo Method
    $10,294,243
  • Alternative Use

    Use
    Valuation
    Residential
    $3,485,839
    Hospitality
    $3,193,010
    Educational
    $2,656,546
    Medical
    $2,747,909
    Retail
    $4,132,406

Location Insight

City
Visalia
County
Tulare
State
California
Latitude
36.3252
Longitude
-119.326
CBSA code
47300
CBSA name
VISALIA-PORTERVILLE, 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
2023
-
$1,147,887
$2,951,710
$4,099,597
-
-
-
-

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