561 N Alta Ave
4,730 SF Vacant Office Building Dinuba, CA 93618 $725,000 ($153/SF) 6.59% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic 13,900 VPD
- Development Opportunity with available lot space
- Multi-Tenant Office Space
EXECUTIVE SUMMARY
Seize the opportunity to invest in a strategically located commercial property off Alta Ave in Dinuba, CA, boasting a high traffic location with approximately 13,900 vehicles passing daily (2011 Survey). This expansive property covers over 4,700 sq ft and is zoned P-O (Professional Office), making it ideal for diverse professional uses or investment purposes. The property's main building offers a generous 2,500 sq ft space, perfect for a professional or medical office. Additionally, four of the five units are currently leased to active businesses, providing an immediate source of rental income. This makes the property a sound investment with its current revenue stream and yet untapped potential. With a large lot that allows for potential further development, this property provides a unique opportunity for growth and expansion. Whether you're searching for a new home for your business or a solid commercial investment, this property offers versatility and immediate income potential. Don't miss the chance to be a part of Dinuba's thriving business community. For more information or to schedule a viewing, contact us today.
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PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
4,730 SF
Building Class
B
Year Built
1972
Price
$725,000
Price Per SF
$153
Cap Rate
6.59%
NOI
$47,778
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,730 SF
Building FAR
0.15
Lot Size
0.72 AC
Zoning
PO - Professional Office
Parking
16 Spaces (3.38 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Medical/Office turn-key solution perfect for immediate occupancy. The space features a welcoming reception area, three exam-ready rooms, two spacious offices ideal for consultations or administrative tasks, a secure records room, a comfortable break room for staff, a well-equipped conference room for meetings and training, and a specialized radiology room. The property is designed to support a variety of medical and office needs while providing an efficient and professional environment for both staff and clients.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste A | 2,500 SF | Office/Medical | - | Now |
1st Fl-Ste A
| Size |
| 2,500 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $428,400 | |
| Land Assessment | $206,119 | Total Assessment | $634,519 |
