Technical
Financial
Distress signals
Property profile

8035 Madison Ave A Citrus Heights, CA 95610

OFF-MARKET
Other office properties
Property ID
US09-2596063
4,500 SF 0.22 ac lot Built 1982
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

In Citrus Heights, this office condominium is part of the Tudor-style Coventry Square professional office and dental business park, positioned on Madison Avenue between Sunrise Boulevard and Fair Oaks Boulevard, near dining and retail and across from Fair Oaks Park. The landscaped complex includes mature trees, and Building F (8035 Madison Avenue) is a north-facing structure near the Almaden Way entrance with on-site parking; signage is provided near both Madison Avenue and Almaden Way entrances. Building F contains two separately metered suites: a dental office of approximately 1,855 square feet with three dental operatories, two sinks per operatory, a lab area, sterilization room, provider’s office, break room with sink, and a private restroom, with some dental equipment and furniture included; and a professional office suite of approximately 1,100 square feet that has its own separate meter and is configured for professional use. Two common area restrooms are located off a shared hallway between the suites. The building’s layout and adjacent-suite proximity allow expansion to approximately 2,955 square feet by building out into the neighboring suite, and the property is zoned/configured to support dental, medical, or general professional office uses.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 1982
Construction WOOD
Total area 4,500 SF
Lot 0.22 ac (9,746 SF)
Zoning code BP
APN 233-0043-007-0001
UPID US09-2596063

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

8035 Madison Ave, Unit A Citrus Heights, CA 95610-7949
Citrus Heights metro Census 8139 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2021
Last sale
$465,000
2 recorded transactions
2021
$465,000
2021
Price N/A

Zoning & alternative use

BP · Citrus Heights, CA
Zoning description

Requirements) as permitted in the BP (Business and Professional Office) zone. D. Permit requirements. Use Permit approval is required in compliance with Section 106.62.050 (Use Permit and Minor Use Permit) prior to the i…

General category MIXED_USE

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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