6620 Coyle Ave Carmichael, CA 95608
- Medical offices
- 56,145 SF
- 2.02 lot acres
Current Use by Public Records
- Capital Eye Medical Group / Medical Center
- Capital Medical Associates / Medical Clinic
- Dr. David E. Linstadt, MD / Doctor
- Dr. Anthony T. Pu, MD / Doctor
- RAS Sacramento Clinic: Fisher John MD / Internist
Property Details for 6620 Coyle Ave
- Year built
- 1968
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.02 lot acres
- Property size
- 56,145 SF
- Zone code
- BP
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 232-0385-017-0000
- APU
- 23203850170000
Description
This exceptional four-story medical office building, totaling 52,778 square feet, presents a unique investment opportunity in Carmichael, California. Constructed in 2008, the property boasts a prime location in Sacramento County, at 6620 Coyle Ave, 95608, directly across from the 370-bed Mercy San Juan Hospital. The building features energy-efficient windows and recently upgraded HVAC systems, ensuring optimal comfort and efficiency. Common areas, including the lobby, hallways, and restrooms, have also undergone recent renovations. Currently, there are nine available spaces ranging from 810 to 3,610 square feet, offering flexible leasing options to accommodate various medical practices. The building's design allows for potential building and monument signage, providing excellent visibility and branding opportunities. The property is categorized as a multi-tenant building with a mix of medical office and cafe space. This well-maintained building offers a blend of modern amenities and a strategic location within a thriving medical community, making it an ideal choice for medical professionals seeking high-quality office space. The building's excellent condition and prime location make it a highly desirable asset.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $11,475,000
- 6.5%
- $10,905,000
- 7%
- $10,630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $12,180,000
- Geo Method
- $12,950,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $13,865,000
- Retail
- $12,215,000
- Mixed-Use
- $13,850,000
- Hospitality
- $13,430,000
- Educational
- $12,055,000
- Residential Income
- $11,795,000
- Energy
- $14,190,000
- Income-Based Land
- $12,650,000
- Food Service
- $10,765,000
Location Insight
- Map
- Local Demand
- City
- Carmichael
- County
- Sacramento
- State
- California
- Longitude
- -121.31
- Latitude
- 38.6675
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA