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Property profile & analytics
FOR SALE
Medical Office Space

435-445 W Poplar St Stockton, CA 95203

8,494 SF Built 1984
Property ID
US09-Q026316
435-445 W Poplar St, Stockton, CA 95203 For Sale
$1,445,000 8,494 SF
435-445 W Poplar St, Stockton, CA 95203
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Property summary
AI-generated overview

CBRE is pleased to offer the unique opportunity to purchase the Heritage Professional Center, a freestanding medical building within close proximity to Dameron Hospital. The project was originally developed as four separate office condominiums, three of which have since been physically combined and built-out for an optometry and ophthalmology practice. They feature a functional existing medical layout with a large reception/waiting area, 11 wet exam rooms, multiple restrooms, a lab, breakroom, administrative offices and even a procedure room. The existing improvements are relatively modern and could function for a wide variety of medical uses. The fourth unit has remained physically separated from the other condominiums with autonomous access and could be either expanded into, leased or sold independently. This unit was originally built-out for medical and the current ownership had a full set of plans drawn previously to convert it into a surgery center but it has most recently been used as storage. There are still existing walls, multiple points of plumbing, HVAC/ electrical infrastructure, etc. that could be upgraded to accommodate either medical or professional office uses in the future.

Property profile
Verified
Property type Medical Office Space
Year built 1984
Total area 8,494 SF
UPID US09-Q026316
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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