Property summary
This exceptional 6,000 square foot medical office building, located at 6104 San Juan Avenue in Citrus Heights, California (95610), presents a compelling investment opportunity. Built in 1989, the property sits on a substantial 23,958 square foot lot, offering a land value of $200 per square foot. Currently, the building houses two tenants: a well-established veterinary clinic and a dance studio. The veterinary clinic boasts multiple exam rooms, a surgical room, a treatment area, and private offices. The dance studio, which underwent interior improvements in 2021, features three studio rooms, a breakroom, an office, and storage space. Both tenants are currently operating under below-market lease rates, presenting significant potential for future income growth. The property's strong cash flow is evidenced by a Net Operating Income (NOI) of $56,552 and a 5.14% capitalization rate. The asking price is $1,100,000. This property offers a unique owner-user opportunity for a medical professional seeking a well-located, established practice space with substantial upside potential. The property's APN is 243-0090-021-0000.
Property profile
VerifiedCap rate & NOI
Current use
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Veterinary Clinic
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Training Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Uses and Permit Requirements ), and SC (Shopping Center) zoning district by Section 106.26.030 (Commercial and Industrial District Land Uses and Permit Requirements), subject to the following limitations, and the permit…
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
SC · Citrus Heights, CAUses and Permit Requirements ), and SC (Shopping Center) zoning district by Section 106.26.030 (Commercial and Industrial District Land Uses and Permit Requirements), subject to the following limitations, and the permit…
Zoning
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Zoning designation
Official district profile
Uses and Permit Requirements ), and SC (Shopping Center) zoning district by Section 106.26.030 (Commercial and Industrial District Land Uses and Permit Requirements), subject to the following limitations, and the permit…
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