5624 Philadelphia St Chino, CA 91710
- Office Properties & Spaces
- 0.02 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5624 Philadelphia St
- Year built
- 2023
- Lot size
- 0.02 lot acres
- Property type
- Office Properties & Spaces
- APN
- 1014-592-10-0000
- APU
- 1014592100000
Description
This exceptional 39,749 square foot, three-story medical office building, part of the Chino Valley Medical Plaza, presents a unique investment opportunity. Unit 204 is a "white-box" suite within Building A, the second phase of a four-phase development situated on a spacious 1.97-acre lot. The building offers 30 units ranging from 927 to 1852 square feet, designed to accommodate a variety of medical practices. Current tenants include a diverse range of specialists, encompassing general and specialty medical practices, urgent care, outpatient surgery, cosmetic surgery, dentistry, ophthalmology, podiatry, chiropractic care, medical imaging, and laboratory testing. Building B, with 23 units, is completely sold out, demonstrating strong market demand. Future phases include a senior assisted living facility slated for completion by the end of 2025. Ample parking is available to meet the needs of both patients and medical professionals. This prime location offers excellent visibility and accessibility, making it an ideal investment for medical professionals seeking a modern, well-equipped space in a thriving medical community. The asking price for this specific unit is $730,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $335,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $290,000
- Mixed-Use
- $290,000
- Hospitality
- $375,000
- Educational
- $345,000
- Residential Income
- $280,000
- Energy
- $360,000
- Income-Based Land
- $290,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Chino
- County
- San Bernardino
- State
- California
- Longitude
- -117.684
- Latitude
- 34.0346
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA