531 Alta AveDinuba, CA 93618

Property Details for 531 Alta Ave

Year built

1900

Lot size

0.56 AC

Property type

Office buildings

APN

014-340-018-000

APU

14340018000

Description

This exceptional commercial investment opportunity presents a fully occupied, single-story office building situated on a highly visible corner lot in Dinuba, California. The property boasts a total of 6,215 square feet of well-maintained office space, currently divided into three separate, independently functioning suites, all of which are leased to tenants. The building's strategic location ensures excellent exposure to significant traffic flow, maximizing its potential for both current and future income generation. The generous 0.56-acre lot (24,390 square feet) provides ample parking at the rear of the building, offering convenience for tenants and visitors alike. This property is an ideal investment for those seeking a stable, cash-flowing asset with significant upside potential. The building's current occupancy rate speaks to its desirability and the strong demand for commercial space in this location. The substantial lot size also presents opportunities for future expansion or development, should the need arise. This turnkey investment is ready for immediate ownership and offers a compelling return on investment. The asking price is $1,180,000. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $3,457,680

  6.5%

  $3,191,705

  7%

  $2,963,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,238,752

  Geo Method

  $4,638,002

• Alternative Use

  Use

  Valuation

  Residential

  $3,957,714

  Hospitality

  $3,625,244

  Educational

  $3,016,161

  Medical

  $3,119,891

  Retail

  $4,691,806

Location Insight

City

Dinuba

County

Tulare

State

California

Latitude

36.5498

Longitude

-119.396

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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