3300 Demaree StVisalia, CA 93277

Property Details for 3300 Demaree St

Year built

1998

Construction

WOOD

Lot size

1.18 AC

Property size (Sq ft)

12,514 SF

Zone code

OG

Property type

Office properties

Property subtype

Office buildings

APN

121-080-068-000

APU

121080068000

Description

This exceptional 5,911 square foot single-tenant office suite presents a remarkable opportunity in Visalia's desirable southwest area. Located on South Demaree Street, this high-profile property boasts excellent visibility and accessibility. The spacious layout includes eleven private offices, perfect for individual work or team collaboration. A large conference room provides ample space for meetings and presentations, while a convenient breakroom with an adjoining patio offers a relaxing space for employees. Additional features include substantial storage space and a generously sized "bull pen" area, ideal for open-plan work environments. The property also includes a large private parking lot, ensuring convenient parking for tenants and their clients. This traditional office space is well-suited for a variety of professional businesses seeking a prestigious and functional workspace in a prime Visalia location. The building's prominent location and ample amenities make this an exceptional opportunity for businesses seeking to establish or expand their presence in the area. The single-tenant occupancy provides flexibility and control over the space, while the high-quality finishes and thoughtful layout contribute to a productive and comfortable work environment. This is a turnkey solution for businesses seeking a move-in ready office space in a highly sought-after location within Tulare County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,774,064

  6.5%

  $1,637,597

  7%

  $1,520,626

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,661,736

  Geo Method

  $2,379,662

• Alternative Use

  Use

  Valuation

  Residential

  $2,030,620

  Hospitality

  $1,860,037

  Educational

  $1,547,529

  Medical

  $1,600,751

  Retail

  $2,407,268

Location Insight

City

Visalia

County

Tulare

State

California

Latitude

36.3009

Longitude

-119.331

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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