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    2020 Colorado Ave Turlock, CA 95382

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    For Sale
    $1,950,000

    Multi-tenant medical office building near Emmanuel Medical Center.

    Property size:
    5,130 SF
    Lot size:
    0.42 Acres

    Property Features for 2020 Colorado Ave

    General Information

    Size
    5,130 SF
    Lot size
    0.42 Acres

    Building Details

    Year built
    1999

    Source: Keller Williams Modesto Agent Jordan Amarant

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Medical Office Building For Sale

    This multi-tenant medical office building, constructed in 1999, offers 5,130 square feet of space with high-quality finishes and a durable tile roof. The property is located in close proximity to Emmanuel Medical Center and is suitable for medical or healthcare use. Suite A, comprising 3,617 square feet, is currently occupied by Turlock Eye Care, with a lease expiring on July 1, 2026. This presents an opportunity for a medical practice to purchase the suite and prepare for occupancy. Suite B, consisting of 1,513 square feet, is occupied by Hanger Clinic, a national credit medical tenant. Their lease expires on April 30, 2029, and includes 3% annual increases and two five-year extension options. This well-maintained and functional medical office building offers income-producing potential in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hanger Clinic: Prosthetics ... Orthotics & Prosthetics Service Turlock Eyecare Optometry Optometrist Alan R. Julien, ... Optometrist Dr. JP Hamel Optometrist Dr. Collin Robillard Optometrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Monte Vista Small Animal Hospital, Ichord Andrew DVM, Samuel Villegas - Monte Vista Small Animal Hospital, Becky Lee - Monte Vista Small Animal Hospital, Erin Cassiday - Monte Vista Small Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Turlock
    County
    Stanislaus
    State
    California
    Longitude
    -120.8349348
    Latitude
    37.5114716

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    FAQs

    What type of property is this?
    Medical office - Multi-tenant medical office building near Emmanuel Medical Center.
    Where is this medical office located?
    The property is located at 2020 Colorado Ave Turlock, CA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Rare opportunity to acquire a well-maintained, income-producing medical office building in a desirable location.; - Strong existing tenancy with a national credit medical tenant (Hanger Clinic) in place through April 30, 2029, including 3% annual increases and two, five-year extension options.; - Suite A (3,617 SF) offers a future opportunity for medical practice occupancy upon lease expiration of current tenant (Turlock Eye Care) on July 1, 2026.
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    2020 Colorado Ave Turlock, CA 95382
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    Turlock, CA 95382
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2020 Colorado Ave Turlock, CA 95382
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