Property profile

5624 Philadelphia St 10 Chino, CA 91710

OFF-MARKET
Office Spaces
Property ID
US10-1735293
0.02 ac lot Built 2023
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2023
Lot 0.02 ac (900 SF)
APN 1014-592-10-0000
UPID US10-1735293

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5624 Philadelphia St, Unit 10 Chino, CA 91710-2411
Chino metro RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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