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Property profile & analytics
FOR SALE
Medical Office Space

721 Pine St Mount Shasta, CA 96067

8,000 SF Built 2003
Property ID
US09-5829658
Property summary
AI-generated overview

Excellent location close to the Hospital and other medical providers in beautiful Mt. Shasta, this mixed use building offers a unique opportunity for an investor. The 8000sqft building consists of a 4500sqft ground floor Medical Office and a 3500sqft 2nd floor that has 2-2/1 apartments that are currently rented and several large offices. The medical office features 7 exam rooms, a procedure room, 4 private physician's offices, a waiting room with reception counter, nurses station, a kitchenette and breakroom, and additional rooms used for storage. There is also a detached garage for storage. The well-established medical practice is available and presents an excellent opportunity to expand the practice and the much needed medical services in the area. The Shasta Family Medical clinic has been in this location for 20+ years and Dr. Higer currently provides services to over 3000 patients, with a waiting list. There's room to add services and the practice would benefit from bringing on additional providers. The practice and the property are available together for $2,000,000 Owner Carry may be available

Property profile
Verified
Property type Medical Office Space
Year built 2003
Total area 8,000 SF
UPID US09-5829658
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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