Two-Unit Medical
306 N Conyer Street, Visalia, CA 93291
For Sale
$799,000
Commercial Sale, Visalia, CA
Property Size4,851 SF
Lot Size0.36 Acres
Price / SF$164.71
Days on Market223
Property Features for 306 N Conyer Street
General Information
Property type
Property subtype
Zoning description
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Currently Operating
Property Use
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Flooring type
Roof type
Additional Structures
Buildings
Listing Agency:
RE/MAX Success · RE/MAX International
(559) 734-1400
Listed By:
Jacob Taylor · License CA #02032813
(559) 804-5115
Added: Apr 6
Changed: Oct 26
Last Checked: Nov 14 at 1:06AM
MLS# 240856
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,851-square-foot medical office building at 306 N Conyer Street in Visalia is arranged as two separate units, each with a waiting room, reception area, exam rooms, break area, and restrooms. The exam rooms include plumbing, while additional private offices support varied professional layouts. Existing improvements include carpet, laminate, and vinyl flooring, along with central heating and central air conditioning.
The property occupies 0.36 acres in Central Visalia and is positioned near other major medical services. Private off-street parking serves the building. Public water and public sewer are in place, and the roof includes both composition and flat sections. The current configuration supports continued medical office use, with the existing doctor's-office layout also providing flexibility for dental or related professional operations.
The property occupies 0.36 acres in Central Visalia and is positioned near other major medical services. Private off-street parking serves the building. Public water and public sewer are in place, and the roof includes both composition and flat sections. The current configuration supports continued medical office use, with the existing doctor's-office layout also providing flexibility for dental or related professional operations.
Key Highlights
- 4,851‑square‑foot medical office building on 0.36 acres
- Two separate units with waiting rooms, reception areas, exam rooms, break areas, and restrooms
- Exam rooms are plumbed, with multiple private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,869
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,257,380
$1.3M
Cap Rate 7%
$898,129
$898.1K
Cap Rate 9%
$698,544
$698.5K
Market Conditions
NOI Build-Up for 4,851 SF
Gross rent
$116.4K $24.00/SF
− Vacancy
−$11.6K −$2.40/SF
EGI
$104.8K $21.60/SF
− OpEx
−$41.9K −$8.64/SF
NOI
$62.9K $12.96/SF
Area
Visalia, CA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,257,380
Cap Rate 7%
$898,129
Cap Rate 9%
$698,544
Alternative Uses
Best Use
Office B
$1.10M
$959.3K – $1.28M
NOI $76,744 @ 7.0% cap · market cap 9.61%
Second Best
Healthcare Medical
$898.1K
$785.9K – $1.05M
NOI $62,869 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,023 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
2,879
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 93291, CA
63,366
Population
19,866
Households
3.2
Avg Household Size
32
Median Age
24%
College-Educated
81%
High-School Grad
84.2 sq mi
ZIP Area
753
Density / Sq Mi
$81,502
Median Household Income
$41,778
Median Earnings
$1,331
Median Rent
$381,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Central Visalia medical building with exam rooms, private offices, and off-street parking.
Where is this medical office space located?
The property is located at 306 N Conyer Street Visalia, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4,851‑square‑foot medical office building on 0.36 acres; Two separate units with waiting rooms, reception areas, exam rooms, break areas, and restrooms; Exam rooms are plumbed, with multiple private offices
