Freestanding Medical Building Near
435-445 W Poplar Street Stockton, CA 95203
435-445 W Poplar Street, Stockton, CA, 95203
Contact for pricing
For Sale
Contact for pricing
Medical building near Dameron Hospital with flexible layout.
Property Size8,494 SF
Price / SF$170.12
Days on Market122
Property Features for 435-445 W Poplar Street
General Information
- Standard status
- Active
- Size
- 8,494 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing Agency
CBRE - Central Valley
(209) 476-2906
Listed by
Steve White · License #CA 01781200
Source
Crexi
Added: Mar 18 Checked: Jul 16 at 6:06 am
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 CBRE - Central Valley
Investment Insights
Based on property information with market context.
The Heritage Professional Center is a freestanding medical building located in close proximity to Dameron Hospital. Originally developed as four separate office condominiums, three units have been physically combined and built-out for an optometry and ophthalmology practice. The existing medical layout includes a large reception/waiting area, 11 wet exam rooms, multiple restrooms, a lab, breakroom, administrative offices, and a procedure room. The improvements are relatively modern and suitable for various medical uses. The fourth unit remains physically separated with autonomous access and could be expanded into, leased, or sold independently. This unit was originally built-out for medical purposes, and previous plans existed to convert it into a surgery center. Currently used as storage, it retains existing walls, plumbing points, and HVAC/electrical infrastructure, making it suitable for medical or professional office uses in the future. The property has a total size of 8494 square feet.
Key Highlights
- Freestanding medical building near Dameron Hospital
- Functional existing medical layout with reception/waiting area and 11 wet exam rooms
- Three units combined, built‑out for optometry and ophthalmology
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.5k | $21.96 |
| − Vacancy | −$13.4k | −$1.58 |
| EGI | $173.1k | $20.38 |
| − OpEx | −$43.3k | −$5.09 |
| NOI | $129.8k | $15.28 |
8,494 SF · lease $21.96/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.85M
$1.62M – $2.16M
NOI $129,824 @ 7.0% cap · market cap 8.98%
Second Best
Healthcare Medical
$1.81M
$1.58M – $2.11M
NOI $126,472 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M
NOI $160,789 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - Medical building near Dameron Hospital with flexible layout.
Where is this medical office space located?
The property is located at 435-445 W Poplar Street Stockton, CA.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: Freestanding medical building near Dameron Hospital; Functional existing medical layout with reception/waiting area and **11 wet exam rooms**; Three units combined, built‑out for optometry and ophthalmology
