925 Merritt Ave Tulare, CA 93274
- Medical offices
- 2,095 SF
- 0.26 lot acres
Current Use by Public Records
- Istvan Md Potorke / Obstetrician-Gynecologist
- Dr. Nicholai Weibell, DO / Obstetrician-Gynecologist
- Dr Abraham Betre D.O / Obstetrician-Gynecologist
Property Details for 925 Merritt Ave
- Year built
- 1992
- Construction
- WOOD
- Lot size
- 0.26 lot acres
- Property size
- 2,095 SF
- Zone code
- C-2
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 170-334-036-000
- APU
- 170334036000
Description
This exceptional 2,095 square foot medical building presents a unique investment opportunity in Tulare, CA. Located at 925 E Merritt Avenue, the property sits on a 0.26-acre lot and is ideally suited for a variety of medical practices. The building's well-designed layout includes three spacious exam rooms, perfect for patient consultations and examinations. An aesthetic room provides a dedicated space for specialized treatments or procedures. Two restrooms ensure convenience for both staff and patients. A comfortable break room offers a dedicated space for staff relaxation and collaboration, while a separate chart room provides secure storage and organization of patient records. The building's functional design and prime location make it an attractive option for established medical practices seeking expansion or new ventures looking to establish a presence in a thriving community. The asking price is $600,000. This property offers a blend of functionality, convenience, and location, making it an exceptional investment opportunity in the heart of Tulare. Serious inquiries are encouraged. The property is available for sale or lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $390,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $410,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $405,000
- Mixed-Use
- $300,000
- Hospitality
- $395,000
- Educational
- $340,000
- Residential Income
- $335,000
- Energy
- $310,000
- Income-Based Land
- $345,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Tulare
- County
- Tulare
- State
- California
- Longitude
- -119.334
- Latitude
- 36.2217
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA