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Office Investment for Sale 10953 14th Ave 2,998 SF Office Building Armona, CA 93202 $839,178 CAD ($279.91 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Private Parking lot 25 spaces
EXECUTIVE SUMMARY
Great investment with long term government tenant. The Kings County Commission on Aging, In Home support Services has occupied the property for over 10 years and has recently renewed for an additional 3 years and is putting over $100k into improvements on the property. This is priced at an 8% CAP rate and has very low maintenance. The property has room for expansion and 33 parking spaces! PRICE REDUCED Call to see, by appointment only.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,998 SF
Building Class
B
Year Built/Renovated
1953/1970
Price
$839,178 CAD
Price Per SF
$279.91 CAD
Cap Rate
8%
NOI
$67,134 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,998 SF
Building FAR
0.16
Lot Size
0.43 AC
Zoning
MUD - Mixed Use District
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PROPERTY TAXES
| Parcel Number | 017-080-001-000 | Improvements Assessment | $520,544 CAD |
| Land Assessment | $144,547 CAD | Total Assessment | $665,090 CAD |
PROPERTY TAXES
Parcel Number
017-080-001-000
Land Assessment
$144,547 CAD
Improvements Assessment
$520,544 CAD
Total Assessment
$665,090 CAD
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Office Investment for Sale | 10953 14th Ave
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