971 Broadway Ave Atwater, CA 95301
- Commercial real estate
- 2.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 971 Broadway Ave
- Lot size
- 2.60 lot acres
- Property type
- Commercial real estate
- APN
- 004-010-015-000
- APU
- 4010015000
Description
This single-story, 8,000-square-foot office building at 971 E. Broadway Avenue in Atwater, California, presents a compelling opportunity for businesses seeking a prominent location. Situated on a 2.26-acre lot, the property boasts high visibility due to its freeway frontage and convenient access to Highway 99. The building is zoned C-O (Office Commercial) and features ample on-site parking, ensuring ease of access for employees and clients. Security is enhanced by a fully gated property. Further adding to its appeal, the property includes an electric vehicle charging station, catering to the needs of environmentally conscious businesses. The experienced ownership group is committed to providing a positive and productive environment for tenants. The building's strategic location offers close proximity to various ancillary services, enhancing its overall convenience and appeal. This property is ideal for a single tenant seeking a well-maintained, easily accessible, and highly visible office space in a thriving community. The Merced County APN is 004-010-015.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,835,000
- 6.5%
- $1,755,000
- 7%
- $1,560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,560,000
- Geo Method
- $1,665,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,740,000
- Retail
- $1,585,000
- Mixed-Use
- $1,760,000
- Hospitality
- $1,610,000
- Educational
- $1,550,000
- Residential Income
- $1,865,000
- Energy
- $1,850,000
- Income-Based Land
- $1,825,000
- Food Service
- $1,630,000
Location Insight
- Map
- Local Demand
- City
- Atwater
- County
- Merced
- State
- California
- Longitude
- -120.582
- Latitude
- 37.3367
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA