$725,000
Visalia, CA 93277
MLS# 228985
Status: Closed
4 baths | 3775 sqft
1 / 6
Property Description
Investment opportunity! Nicely updated and functional stand-alone office off busy retail corridor, Mooney Blvd. Eight private offices, conference room, four restrooms, huge central bullpen, breakroom, built-in reception, work room, and ample storage. Tall redwood trees and grass space give it a park-like feel. Private parking lot. Tenant's lease goes through September 2026 and includes a 5-year option. Currently 6.4% CAP with 3% annual increases to rent. Property is on the NEC of Feemster & Crowe-door faces Mooney.
Details
Maps
Property Information
Property Sub-Type: Office
New Construction: No
Stories: 1
Bedrooms: 0
Unit #: F
Year Built Source: Public Records
Number of Units: 1
Full Baths: 0
Number of Buildings: 1
Total Baths: 4
Three Quarter Baths: 0
Half Baths: 4
APN: 095160086000
Quarter Baths: 0
SqFt Source: Public Records
Lot Acres: 0.28
Lot SqFt: 12197
Lot Size Source: Public Records
Lot Dimensions: Irregular
Zoning Description: Professional and Administrative Office
Additional Parcels Y/N: No
Common Interest: None
Year Built: 1000
Street #: 1441
Direction: S
Street Name: Mooney
Suffix: Boulevard
Approx Square Feet: 3775
State/Province: CA
Zip Code: 93277
County: Tulare
Area: Visalia SW
Listing Information
List Price/SqFt: 198.68
Original List Price: 750000
Current Price: $725,000
Status: Closed
Listing Date: 2024-04-23
Listing Price: 750000
Showing Information
Directions to Property: From Hwy 198, south on Mooney Blvd, right on Feemster, property on corner of Feemster and Crowe
Remarks
Marketing Remarks: Investment opportunity! Nicely updated and functional stand-alone office off busy retail corridor, Mooney Blvd. Eight private offices, conference room, four restrooms, huge central bullpen, breakroom, built-in reception, work room, and ample storage. Tall redwood trees and grass space give it a park-like feel. Private parking lot. Tenant's lease goes through September 2026 and includes a 5-year option. Currently 6.4% CAP with 3% annual increases to rent. Property is on the NEC of Feemster & Crowe-door faces Mooney.
General Information
Garage: No
Tax Information
Land Value: 167328
Improvement Value: 334655
Financial
Cap Rate: 6.3
Status Change Info
Close Price/SqFt: 192.05
Pending Date: 2024-05-28
Status Change Date: 2024-07-31
Close Date: 2024-07-29
Close Price: 725000
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Cooling
Central Air: 1
Heating
Central: 1
Roofing
Asphalt: 1
Income Includes
Parking: 1
Office Space Sub-Type
Office Building: 1
Commercial Sub-Type
Free Standing Building: 1
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Central Air
Heating: Central
Roofing: Asphalt
Income Includes: Parking
Office Space Sub-Type: Office Building
Commercial Sub-Type: Free Standing Building
IDX
Listing Office: Zeeb Commercial Real Estate
Listing Agent: Jessica A Benevento | jessica@zeebre.com
Agent Email: jessica@zeebre.com
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.