Condominium Unit For
For Sale
$220,000
2012 5th Ave, Oroville, CA 95965
Condominium unit for sale, currently occupied by dental office.
Property Size1,000 SF
Price / SF$220
Days on Market188
Property Features for 2012 5th Ave
General Information
Standard status
Active
Size
1,000 SF
Building Details
Year Built
2008
Listing Agency:
Table Mountain Realty, Inc.
Listed By:
David Quintel · License #01395168
(530) 532-1115
Source:
Myfabuloushome
Added: Apr 24
Changed: Oct 26
Last Checked: Oct 7 at 2:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Table Mountain Realty, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is an investment opportunity in an upscale condominium business complex. The property for sale is one unit totaling 1000 square feet. The unit is centrally located. The current tenant is a well-established dental office.
Key Highlights
- Investment opportunity with existing tenant
- Tenant is a well‑established dental office
- Located in an attractive upscale Condominium business complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,424
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,480
$388.5K
Cap Rate 7%
$277,486
$277.5K
Cap Rate 9%
$215,822
$215.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$39.5K $39.48/SF
− Vacancy
−$7.1K −$7.11/SF
EGI
$32.4K $32.37/SF
− OpEx
−$12.9K −$12.95/SF
NOI
$19.4K $19.42/SF
Area
Butte County, CA
Vacancy
18.00%
Lease Rate
$39.48 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,480
Cap Rate 7%
$277,486
Cap Rate 9%
$215,822
Alternative Uses
Best Use
Office B
$392.7K
$343.6K – $458.2K
NOI $27,490 @ 7.0% cap · market cap 12.50%
Second Best
Healthcare Medical
$277.5K
$242.8K – $323.7K
NOI $19,424 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$464.8K
$406.7K – $542.3K
NOI $32,535 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95965, CA
21,548
Population
7,846
Households
2.7
Avg Household Size
37
Median Age
16%
College-Educated
81%
High-School Grad
311.4 sq mi
ZIP Area
69
Density / Sq Mi
$53,367
Median Household Income
$33,638
Median Earnings
$1,112
Median Rent
$295,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Condominium unit for sale, currently occupied by dental office.
Where is this medical office space located?
The property is located at 2012 5th Ave Oroville, CA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Investment opportunity with existing tenant; Tenant is a well‑established dental office; Located in an attractive upscale Condominium business complex
