Listed by Kline & Co. Real Estate
$429,000
Opportunity Zone! 100k+ Under Tax Assesment!
Details
APN 47-1 147-1
Property Type Special Purpose
Sub Type Religious/Church, School
Square Footage 4,000
Net Rentable (SqFt) 4,000
Units 1
Cap Rate 6.71%
NOI $28,800
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 1
Lease Expiration 03/01/2026
Price per SqFt $107
Broker Co-Op Yes
Year Built 1975
Buildings 1
Stories 1
Acreage 0.750
Zoning RG-5
Lease Commencement 02/28/2025
Occupancy Date 02/28/2025
Ownership fee simple
100k under tax assessment! Endless Possibilities! Great Shape! Turn Key!
Marketing description
This 4,000 sq ft with a large open floorplan, 3 restrooms and private office spaces as well, this space fits your needs no matter what. The property has an active lease through March of 2026 that can provide cashflow while making your plans to turn it into what you wish. Cap rate is 6.71%
This property is in good shape, with great bones and with the selling price almost $100,000 under tax assessed value this property is priced to move. Don’t let this one-of-a-kind opportunity pass you by.
Listing Contacts
Listed by Kline & Co. Real Estate
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$28,800.00
$2,400.00/mo
Valuation Metrics
0
DSCR
6.71%
Cap Rate
6.71%
ROI
Map
Zoning
RG-5 ResidentialMulti FamilyGeneral Residential 5
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View all 124 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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