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    Mixed-Use Office and Residence Title is generated by Realmo AI

    267 Cedar Avenue, Earlimart, CA 93219

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    Claim this Listing
    For Sale
    $599,000

    COMMERCIAL - Earlimart, CA

    Property size:
    2,508 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $238/SF
    Added:
    Jan 26, 2025
    Days on Market:
    495
    Last Refresh:
    Jun 5 at 2:06 pm

    Property Features for 267 Cedar Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 1
    Parking features
    RV
    Security features
    Security
    Standard status
    Active
    APN
    337073008000
    Size
    2,508 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    1
    Flooring type
    Tile - Ceramic
    Building materials
    Plaster
    Roof type
    Composition
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Sara S Burnette
    Sara S Burnette

    Listing agent Sara S Burnette

    Listing office Century 21 Select Real Estate 2300 W Whitendale Ave, Visalia, CA

    Listing date Jan 26, 2025

    MLS# 233192

    Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use property with a 2 bed, 1 bath residential home plus a commercial building with 5 offices
    • Commercial building includes a lobby and full kitchen, offering dedicated office space
    • Parking includes 6 front parking spaces plus 3 secured parking spaces in a gated area
    • Central heating and central air with tile‑ceramic flooring
    • Composition roof; public water and public sewer
    • Year built listed as 1900

    Overview

    This mixed-use property for sale pairs a residential unit with a commercial office building on a compact lot. The residence is a 2-bedroom, 1-bath home, suitable for owner-occupancy or rental use. The commercial component is a multi-office building with five offices plus a lobby and a full kitchen, supported by parking in two areas.

    The property includes six parking spaces at the front and three secured parking spaces within a gated area, providing convenient short-stay and employee parking options. The address is 267 Cedar Avenue in Earlimart, California.

    For business owners, the layout supports operating a business from the office building while maintaining a nearby residence. For investors, the configuration provides separate space types: a residential unit and an office suite environment with multiple private rooms and common areas such as the lobby and kitchen. The front and gated parking help support day-to-day accessibility for tenants, staff, and visitors.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $50.3k $20.04
    − Vacancy −$8.5k −$3.41
    EGI $41.7k $16.63
    − OpEx −$10.4k −$4.16
    NOI $31.3k $12.47
    2,508 SF · lease $20.04/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $447.0K
    $391.1K – $521.5K (±1% cap)
    NOI $31,287 @ 7.0% cap · market cap 5.22%
    Second Best
    Mixed Use
    $362.8K
    $317.4K – $423.2K (±1% cap)
    NOI $25,394 @ 7.0% cap · market cap 4.24%
    Theoretical Best
    Specialty Retail
    $761.8K
    $666.6K – $888.8K (±1% cap)
    NOI $53,326 @ 7.0% cap · market cap 8.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon Pharmacy Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Earlimart
    County
    Tulare
    State
    California
    Longitude
    -119.272031
    Latitude
    35.875676

    Nearby Similar for Sale

    • $12,500,000
      16,600 SF

      Earlimart Commercial Property for Sale

      Commercial property in Earlimart, CA, featuring warehouse and industrial spaces.
      7014 Road 160, Earlimart, CA 93219
      View Details
    • $1,800,000
      10,000 SF

      Earlimart Industrial Building on Acreage

      10,000 SF industrial building on 15.08 acres for sale.
      6770 Rd 136, Earlimart, CA 93219
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - A mixed-use property combining a 2-bedroom home with a multi-office building and front and gated parking.
    Where is this mixed-use property located?
    The property is located at 267 Cedar Avenue Earlimart, CA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Mixed‑use property with a 2 bed, 1 bath residential home plus a commercial building with 5 offices; Commercial building includes a lobby and full kitchen, offering dedicated office space; Parking includes 6 front parking spaces plus 3 secured parking spaces in a gated area
    (661) 331-5643
    We can help!
    Listing Contact
    Sara S Burnette
    Sara S Burnette
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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