431 Bridge StVisalia, CA 93277

Property Details for 431 Bridge St

Year built

1900

Lot size

0.18 AC

Zone code

PA

Property type

Office properties

Property subtype

Office buildings

APN

097-053-011-000

APU

97053011000

Description

This exceptional 2,215 square foot freestanding commercial building is ideally situated in Visalia, California, offering convenient proximity to the city's downtown core and the Kaweah Delta Hospital. The property boasts a thoughtfully designed layout, including a welcoming lobby, a dedicated reception area, three restrooms, and eleven exam rooms, making it well-suited for a variety of professional uses. A convenient kitchenette is also included. The interior features consistent laminate flooring throughout. The building is fully enclosed within a secure fenced perimeter, providing privacy and security. Significant investment in the building's infrastructure is evident in the HVAC system, which was replaced approximately three years ago. The versatile design lends itself to a wide range of potential uses, including, but not limited to, salon suites, a real estate office, or a medical practice. The property sits on a 0.18-acre lot. Note that the adjacent property at 433 S Bridge Street is also available for purchase. This presents a unique opportunity to acquire a significant commercial presence in a thriving Visalia location. The asking price for this well-maintained and strategically located building is $649,900.

• CAP approach

  CAP return

  Valuation

  6%

  $1,097,696

  6.5%

  $1,013,258

  7%

  $940,883

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,028,194

  Geo Method

  $1,472,409

• Alternative Use

  Use

  Valuation

  Residential

  $1,256,440

  Hospitality

  $1,150,892

  Educational

  $957,529

  Medical

  $990,460

  Retail

  $1,489,490

Location Insight

City

Visalia

County

Tulare

State

California

Latitude

36.3262

Longitude

-119.289

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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