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Property profile & analytics
FOR SALE
Medical Office Space

450 N 3Rd St Coalinga, CA 93210

2,160 SF 0.15 ac lot Built 1964
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US09-3361034
Property summary
AI-generated overview

This ±2,160 square foot, fully remodeled building in Coalinga, CA, presents a unique investment opportunity. Previously a medical office, it's ideally suited for continued office use or conversion into a residential care facility. The property boasts a convenient location, situated on a 0.15-acre lot with ample on-site and street parking, and is easily accessible from CA-198 and CA-33 freeway on/off ramps. The recent remodel includes new HVAC systems, updated energy-efficient features, fresh interior and exterior paint, and ADA-compliant restrooms. The interior features seven private offices, a kitchen/breakroom, a reception/waiting area, storage, and restrooms. The building benefits from a strong daytime population base of approximately 16,955 within a 5-mile radius. Existing plumbing is in place, making it move-in ready and offering economical operating costs. The property's well-known freestanding design, combined with its excellent presence and surrounding quality tenants, makes it an attractive investment. The mixed-use zoning (MU) allows for flexibility in its future use. The asking price is $325,000, representing a price per square foot of $150.46. Built in 1964, this Class B property offers a blend of established infrastructure and modern upgrades, making it a compelling option for a variety of uses. The property's address is 450 N 3rd St, Coalinga, CA 93210, and its APN is 072-115-07S. The building is separately metered for utilities.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1964
Construction WOOD
Total area 2,160 SF
Lot 0.15 ac (6,550 SF)
Zoning code CP
APN 072-115-07S
UPID US09-3361034
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
Current use
Occupant on record · Public records
  • Allen Clare Dental Office
  • Clare Allen J DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Marie Labossiere · 7 yrs held
Marie Labossiere
since 2019
7 recorded transactions
2022
Price N/A
2019
$150,000
2017
$80,000
1995
Price N/A
1990
$56,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CP · Coalinga, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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