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$1 Auction - Former Medical Office 500 N Broadway Ave 14,784 SF Vacant Office Building Blythe, CA 92225 $50,000 ($3.38/SF)
Investment Highlights
- ABSOLUTE $1 AUCTION | Former Medical Office | Signalized Hard Corner | 14,784 SF | AUCTION MARCH 23-25
- Signalized Hard Corner with ±4,446 VPD Traffic Counts on N Broadway; Positioned 1.2-Mile From I-10 Traffic Over ±28K VPD
- 29.25% Population Growth from 2020-2024 and 9.4% Growth from 2024-2029 Anticipated (5-Mile Radius)
- 14,784 SF Medical/Office Building on 2.16 Acres Offered Below Replacement Cost
- Attractive Demographics with 5-Mile Population of ±17,817 with Average Household Income of ±$69,742
- Nearby Traffic Drivers: Palo Verde Hospital, California Superior Court
Executive Summary
Marcus & Millichap is pleased to present a vacant medical office located at 500 N Broadway in Blythe, CA 92225 (the “Property”). Formerly occupied as a multi-tenant medical office, the Property is being offered significantly below replacement cost, providing an exceptional opportunity for owner-users or investors to acquire a well-located medical/office asset within a fast-growing California city along the Arizona border. FIRST BID MEETS RESERVE!
The Property consists of a ±14,784 SF single-story medical office building positioned on a ±2.16-acre parcel. The Property offers ample surface parking and is ideally located within Blythe’s highly sought-after business and commercial district. Zoned C-C, Community Commercial, the Property allows for a variety of professional, medical, and commercial uses, enhancing its long-term investment potential.
Blythe is a strategically positioned community in Riverside County, located along Interstate?10 on the eastern edge of Southern California, roughly halfway between Los Angeles and Phoenix. The Property benefits from excellent visibility and access on N Broadway with traffic counts of 4,446 vehicles per day at the signalized intersection of E Chanslor Way. Positioned 1.2-mile north of I-10 (±28,405 VPD), the site offers excellent accessibility to major transportation corridors and downtown Blythe. The Property also benefits from its proximity with Margaret White Elementary School, Superior Court of California, McDonalds, Chipotle, Denny’s, Popeyes, Dollar Tree, Holiday Inn, Comfort Suites, Quality Inn, Motel 6, Best Western, and more. The Property is located in an area that serves 15,622 people within a 3-mile area and ±17,817 individuals with an AHHI of ±$69,742 within a 5-mile area supporting continued demand for medical, office, and retail services. The population has experienced 29.25% growth from 2020-2024 with 9.4% growth expected to continue through 2029.
The Property consists of a ±14,784 SF single-story medical office building positioned on a ±2.16-acre parcel. The Property offers ample surface parking and is ideally located within Blythe’s highly sought-after business and commercial district. Zoned C-C, Community Commercial, the Property allows for a variety of professional, medical, and commercial uses, enhancing its long-term investment potential.
Blythe is a strategically positioned community in Riverside County, located along Interstate?10 on the eastern edge of Southern California, roughly halfway between Los Angeles and Phoenix. The Property benefits from excellent visibility and access on N Broadway with traffic counts of 4,446 vehicles per day at the signalized intersection of E Chanslor Way. Positioned 1.2-mile north of I-10 (±28,405 VPD), the site offers excellent accessibility to major transportation corridors and downtown Blythe. The Property also benefits from its proximity with Margaret White Elementary School, Superior Court of California, McDonalds, Chipotle, Denny’s, Popeyes, Dollar Tree, Holiday Inn, Comfort Suites, Quality Inn, Motel 6, Best Western, and more. The Property is located in an area that serves 15,622 people within a 3-mile area and ±17,817 individuals with an AHHI of ±$69,742 within a 5-mile area supporting continued demand for medical, office, and retail services. The population has experienced 29.25% growth from 2020-2024 with 9.4% growth expected to continue through 2029.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,784 SF
Building Class
B
Year Built
1965
Price
$50,000
Price Per SF
$3.38
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,784 SF
Building FAR
0.16
Lot Size
2.16 AC
Zoning
PD/R-L-1, Blythe
Parking
50 Spaces (3.38 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 842-100-018 | Improvements Assessment | $212,241 |
| Land Assessment | $159,181 | Total Assessment | $371,422 |
Property Taxes
Parcel Number
842-100-018
Land Assessment
$159,181
Improvements Assessment
$212,241
Total Assessment
$371,422
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$1 Auction - Former Medical Office | 500 N Broadway Ave
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