Medical Office Condominium Appraisal in Redlands
We recently just appraised a medical office condominium located in Redlands, San Bernardino County, California. The property is located near Loma Linda Univeristy and Loma Linda Medical Center, which is a major sphere of influence for the area. The subject unit is located on the ground floor of a two-story, Class A medical office development constructed in 2008. The unit features high-end medical office finish at a reported cost of over $200 PSF. The improvements are good quality and in good condition. The unit is 100% owner-occupied. This commercial appraisal was conducted for a national financial institution.