10953 14th Ave., Armona, CA 93202
Leased freestanding office building with long-term tenant in Armona, CA.
- Added:
- Aug 26, 2025
- Days on Market:
- 316
- Last Refresh:
- Jul 4 at 9:49 am
Property Features for 10953 14th Ave.
General Information
- Standard status
- Active
- Size
- 2,998 SF
- Property subtype
- Office
Building Details
- Year Built
- 1953
Listing office Zeeb Commercial Real Estate
Listing date Aug 26, 2025
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Zeeb Commercial Real Estate
HighLights
- New 3 1/2yr lease with long term Tenant
- Leased Investment free standing office building
- Tenant is planning on doing several thousands in upgrades to the building
- REDUCED to SELL
- 25 spaces on private parking lot
- Located in central Armona
Overview
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 | $72.0k | $24.00 |
| − Vacancy | −$17.3k | −$5.78 |
| EGI | $54.6k | $18.22 |
| − OpEx | −$13.7k | −$4.55 |
| NOI | $41.0k | $13.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Armona
- County
- Kings
- State
- California
- Longitude
- -119.708618
- Latitude
- 36.3144348