515 Michigan Blvd West Sacramento, CA 95691-2705
- Medical offices
- 0.38 lot acres
Current Use by Public Records
- Live Well Med Center / General Practitioner
- Priscilla Np Ching / Nurse Practitioner
- Fine Harmony Health Clinic / Medical Clinic
- Cesar Dua / Pediatrician
- Dr. David Kyle / General Practitioner
Property Details for 515 Michigan Blvd
- Year built
- 1985
- Lot size
- 0.38 lot acres
- Zone code
- R-4
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 008-140-081-000
- APU
- 8140081000
Description
This exceptional 3,707 square foot freestanding commercial building in West Sacramento, California, presents a unique investment opportunity. Situated on a 0.38-acre lot at the highly visible corner of Jefferson Boulevard and Michigan Boulevard, this two-story building offers convenient access to Highway 80. Built in 1985, the property features a single tenancy and boasts ADA accessibility, including restrooms and a stair lift. The Central Business District zoning allows for diverse uses, including retail, office, restaurant, assembly, veterinary services, and even residential on the upper floor (verification with the City of West Sacramento is recommended). Currently configured as a medical office, the space includes multiple exam rooms with sinks, a reception area, a waiting room, and two restrooms on each level. The property also includes a gated, fenced lot with 16 parking spaces. The APN is 008-140-081-000, located in Yolo County, CA, 95691. This versatile property is available for sale or lease and is ready for its next chapter. The building has one elevator.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $870,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $820,000
- 6.5%
- $775,000
- 7%
- $740,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $830,000
- Geo Method
- $820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $780,000
- Retail
- $775,000
- Mixed-Use
- $675,000
- Hospitality
- $685,000
- Educational
- $740,000
- Residential Income
- $800,000
- Energy
- $745,000
- Income-Based Land
- $880,000
- Food Service
- $685,000
Location Insight
- Map
- Local Demand
- City
- West Sacramento
- County
- Yolo
- State
- California
- Longitude
- -121.527
- Latitude
- 38.5832
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
