6337 Matheny Way Citrus Heights, CA 95621
Property profile & analytics
6337 Matheny Way Citrus Heights, CA 95621
- Medical Office Space
- 6,640 SF
- 0.50 lot acres
Property ID
US09-0869778
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 6337 Matheny Way
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.50 lot acres
- Property size
- 6,640 SF
- Zone code
- SPA
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 229-0010-038-0000
- APU
- 22900100380000
Description
This exceptional 6,250 square foot medical office building in Citrus Heights, CA, presents a unique owner/user opportunity. Located at 5959 Greenback Lane (AKA 6337 Matheny Way), this single-story, Class B building sits on a 0.5-acre lot and boasts a permitted Business Professional zoning. Built in 1986, the property features a fully functional, Medicare-approved Ambulatory Surgical Center (ASC) with two operating rooms, plus approximately 3,125 square feet of additional clinic/office space. Approximately 1,000 square feet of the clinic/office space is within a two-hour firewall of the ASC and could be easily incorporated into the ASC. The current tenant, NVISION Eye Centers, has expressed interest in a lease buyout or sublease, potentially allowing for a buyout during escrow. The property is currently vacant. The asking price is $1,837,000, representing a pro-forma cap rate of 10.45% and a price per square foot of $293.92. The lease is NNN with a single tenant and expires January 31, 2028, with a one 5-year lease option. The APN is 229-0010-038-0000. This is an ideal opportunity for an owner/user seeking a well-equipped medical facility in a prime location. The property's size, location, and existing infrastructure make it a highly attractive investment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,125,000
- 6.5%
- $1,040,000
- 7%
- $965,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,176,000
Market price range: $425k - $1.18M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,730,000 Current use
- AUTO REPAIR, GARAGE
- $1,715,000 Change: -1% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,595,000 Change: -8% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,550,000 Change: -10% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,385,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Citrus Heights
- County
- Sacramento
- State
- California
- Longitude
- -121.323
- Latitude
- 38.6814
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,151
$368,119
$1,556,147
$1,924,266
-
$0.00
$0.00
$0.00
