Medical Office Building with Vacant
817 S 4th Street El Centro, CA 92243
817 S 4th Street, El Centro, CA, 92243
Contact for pricing
For Sale
Contact for pricing
Medical office space with exam rooms and storage, plus an included vacant commercial lot.
Property Size2,884 SF
Lot Size0.38 Acres
Price / SF$416.09
Days on Market56
Property Features for 817 S 4th Street
General Information
- Standard status
- Active
- Size
- 2,884 SF
- Lot size
- 0.38 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1965
Listing agency
Coldwell Banker The Wilkinson Team - Wilkinson
Listed by
Daniel Wilkinson · License #CA
Source
Crexi
Added: May 28 Updated: Jul 10 at 4:00PM Checked: Jul 22 at 4:06AM
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 Coldwell Banker The Wilkinson Team - Wilkinson
Investment Insights
Based on property information with market context.
This multi-use property includes a medical office building that is currently set up with multiple exam rooms, a large storage room, and an employee lounge. The offering also includes a vacant lot in addition to the building. The property has off-street parking to support day-to-day operations.
The site consists of 2 parcels, with zoning designated as CG-Commercial. The vacant lot is listed as 6,975 sft, and the total parcels are identified as 053-402-015 and 053-402-016. The property is located on South 4th Street, described as a major traffic artery connecting I-8 to H-86, and it is noted to be just north of I-8.
The medical office layout may fit healthcare providers seeking exam room space, while the CG-Commercial zoning and permitted use list supports a broader range of commercial and service-oriented concepts, including professional/office uses and certain personal services, repair services, and other listed categories. With the combined building and vacant parcel, the property may also appeal to buyers looking for flexibility in future plans while maintaining existing office improvements.
The site consists of 2 parcels, with zoning designated as CG-Commercial. The vacant lot is listed as 6,975 sft, and the total parcels are identified as 053-402-015 and 053-402-016. The property is located on South 4th Street, described as a major traffic artery connecting I-8 to H-86, and it is noted to be just north of I-8.
The medical office layout may fit healthcare providers seeking exam room space, while the CG-Commercial zoning and permitted use list supports a broader range of commercial and service-oriented concepts, including professional/office uses and certain personal services, repair services, and other listed categories. With the combined building and vacant parcel, the property may also appeal to buyers looking for flexibility in future plans while maintaining existing office improvements.
Key Highlights
- 1965 multi‑use building currently operating as a medical office with multiple exam rooms
- Includes a large storage room and an employee lounge
- Plenty of off‑street parking
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 | $62.3k | $21.60 |
| − Vacancy | −$4.4k | −$1.51 |
| EGI | $57.9k | $20.09 |
| − OpEx | −$14.5k | −$5.02 |
| NOI | $43.5k | $15.07 |
2,884 SF · lease $21.60/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$620.7K
$543.1K – $724.2K
NOI $43,450 @ 7.0% cap · market cap 3.62%
Second Best
Healthcare Medical
$343.6K
$300.7K – $400.9K
NOI $24,052 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$735.7K
$643.7K – $858.3K
NOI $51,497 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creighton W Dodson ...
Physician
Allergy Asthma & Hay ...
Medical Clinic
ALLERGY/Immunology
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Cow Doc Inc — 298 Main St, El Centro, CA 92243
FAQs
What type of property is this?
Medical Office Space - Medical office space with exam rooms and storage, plus an included vacant commercial lot.
Where is this medical office space located?
The property is located at 817 S 4th Street El Centro, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1965 multi‑use building currently operating as a medical office with multiple exam rooms; Includes a large storage room and an employee lounge; Plenty of off‑street parking
