89 Lincoln Blvd Lincoln, CA 95648-6315
- Office Properties & Spaces
- 2,350 SF
- 2.00 lot acres
Current Use by Public Records
- Dr. Ravi K. Chinthakindi, MD / Doctor
- Gecko Pest Control / Pest Control Service
- Petro & Venro Consulting / Media Consultant
Property Details for 89 Lincoln Blvd
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 2.00 lot acres
- Property size
- 2,350 SF
- Property type
- Office Properties & Spaces
- APN
- 021-274-011-000
- APU
- 21274011000
Description
This exceptional 2,350 square foot medical office building presents a compelling redevelopment opportunity in desirable Lincoln, California. Situated on a spacious 2-acre lot at the prominent entrance to downtown Lincoln, this property enjoys unparalleled visibility and accessibility. Built in 1940 and extensively renovated in 2007, the single-story building offers a unique blend of character and modern functionality. The property is zoned for commercial use, providing flexibility for a variety of medical or related professional uses. The distressed sale condition offers a significant advantage for a savvy investor seeking a high-impact acquisition. The property's prime location on Lincoln Boulevard ensures maximum exposure to a high volume of traffic, making it an ideal location for a thriving medical practice. The Assessor's Parcel Number (APN) is 021-274-011-000. This is a single-unit building with one building on the property. The asking price is $925,000. This represents a rare chance to acquire a well-located, established medical office building in a thriving California market. Don't miss this opportunity to capitalize on this motivated seller's desire for a quick sale.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $830,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $935,000
- 6.5%
- $890,000
- 7%
- $800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $850,000
- Geo Method
- $755,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,050,000
- Retail
- $1,065,000
- Mixed-Use
- $1,100,000
- Hospitality
- $835,000
- Educational
- $1,105,000
- Residential Income
- $940,000
- Energy
- $880,000
- Income-Based Land
- $1,100,000
- Food Service
- $820,000
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Placer
- State
- California
- Longitude
- -121.294
- Latitude
- 38.8822
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
