231 Mirage Ave Lindsay, CA 93247-2543
This ±3,000 square foot medical office building in Lindsay, CA, presents a compelling investment opportunity. Located at 231 S Mirage Ave, this freestanding building sits on a 0.25-acre lot and boasts excellent street frontage and visibility. The property features two suites: a larger suite of approximately 2,000 square feet currently operating as a dental office, and a smaller suite of approximately 1,000 square feet. The larger suite includes an open layout with a reception area, three operatory rooms, two business offices, a kitchen area, three restrooms, and multiple storage closets. The smaller suite offers an open layout with a reception area, private offices, a small kitchen area, and restrooms. Both suites are currently occupied. The building also includes a private garage and a fenced rear parking lot with two shaded structures, providing ample parking for tenants and staff. The property is zoned PO - Professional Office and is in well-maintained condition, offering flexibility for future tenants or owner-occupancy. The building benefits from Ethernet/phone cabling throughout and is wireless internet ready. The asking price is $330,000, representing $110 per square foot. Seller financing options are available with a 25% down payment. The property's location is convenient, situated between CA-65 and CA-137 highways, serving a population of approximately 96,764 residents within a 10-mile radius. This property offers significant upside potential through leasing or owner-user occupancy. The APN is 205-235-004.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.