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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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