840 Fairmont Ave, Lodi, CA 95240-3972
- Medical Office Space
- 5,515 SF
- 0.86 lot acres
Current Use by Public Records
- Kailyn Tutokey / Physician
- Pine Street Physical & Occupational Therapy / Medical Clinic
- Peter Hohenthaner / Physician
- Clarissa Subsara / Physician
- Sarah Blessinger / Physician
Property Details for 840 Fairmont Ave
- Year built
- 1974
- Lot size
- 0.86 lot acres
- Zone code
- 40
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 033-080-450-000
- APU
- 33080450000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 15, 2011 | — | Fortier Family Trust | Fortier Family Trust | Quit Claim Deed · related | — |
| Apr 6, 2007 | — | Janet M Fortier | Fortier,clarence W | Affidavit Of Death · related | $450k · Umpqua Bank |
| Feb 23, 2006 | — | Fortier Family Trust | Fortier Family Trust | Quit Claim Deed · related | — |
| Jul 2, 1990 | — | Fortier C W | — | Grant Deed · related | $602k · Central Sierra Bank |
| — | — | Fortier Family Trust | — | Deed Of Trust · related | $385k · William B Fortier |
Description
This single-tenant medical office building, located at 840 S Fairmont Ave in Lodi, California, 95240, presents a unique investment opportunity. Built in 1974, the property boasts a total of 3,209 square feet across a single story. The building comprises six suites, with one currently available for lease. The convenient location offers excellent visibility and accessibility, situated near a hospital and featuring ample parking. The property's square footage is approximate, based on original building plans. Potential lease incentives are available for tenant improvements, making this an attractive option for medical professionals seeking a well-located, established space. The building offers a single-tenant occupancy, providing stability and ease of management. Interested parties should note that the square footage is approximate, based on original plans. Negotiable move-in specials may be available. This property is ideal for a medical practice seeking a turnkey solution in a high-demand area. The building's single-story design ensures easy navigation and accessibility for patients and staff. The proximity to a hospital further enhances its appeal and potential for success.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,015,000
- 6.5%
- $940,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $753,000
Market price range: $308k - $754k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,205,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lodi
- County
- San Joaquin
- State
- California
- Longitude
- -121.285
- Latitude
- 38.123
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
