2839 Spafford St Davis, CA 95618-6801
- Office buildings
- 0.22 lot acres
Current Use by Public Records
- Dr. Angeline-Diep N. Lam, DDS / Dentist
Property Details for 2839 Spafford St
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 0.22 lot acres
- Zone code
- P-D
- Property type
- Office buildings
- APN
- 071-406-006-000
- APU
- 71406006000
Description
This exceptional 3,000 square foot medical office building in Davis, Yolo County, presents a rare leasing opportunity. The property offers two divisible suites: a fully equipped, approximately 1,700 square foot turnkey dental office and a 1,300 square foot shell space. The dental suite boasts multiple operatories, plumbing, and connections for air compressor, gas, and x-ray equipment, along with a lab, private office, reception area, and break room. The second suite, with a built-out restroom, is adaptable for various dental, office, or quasi-retail uses. Located in Davis' professional services corridor, this property enjoys convenient freeway access and proximity to numerous amenities. The building features 16 parking spaces. This location benefits from exceptionally low vacancy rates in the region, making this a highly desirable investment. Existing dental equipment is available for purchase, potentially offsetting lease costs and saving significant expense compared to new equipment. Ideal for dentists, orthodontists, periodontists, clinics, physical therapists, or sports medicine practices. The property's modern design and prime location make it a truly unique offering in the Davis market. The minimum leasable space is 1,300 square feet, with a maximum contiguous space of 1,700 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $355,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $415,000
- Mixed-Use
- $420,000
- Hospitality
- $465,000
- Educational
- $400,000
- Residential Income
- $355,000
- Energy
- $420,000
- Income-Based Land
- $360,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Davis
- County
- Yolo
- State
- California
- Longitude
- -121.714
- Latitude
- 38.552
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA