Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1156 S Commerce Way Lemoore, CA

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,600,000

    Modern industrial building constructed in 2022 with flexible production space.

    Property size:
    27,735 SF
    Lot size:
    3.17 Acres

    Property Features for 1156 S Commerce Way

    General Information

    Size
    27,735 SF
    Lot size
    3.17 Acres

    We can help!

    Listing Contact
    Nick J. Audino
    Source: Moodyscre

    Listing Agent: Nick J. Audino

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Industrial Building For Sale

    Constructed in 2022, this custom-designed industrial building offers 27735 square feet of space and features infrastructure suited for modern production and manufacturing. The property includes expansive warehouse space, dual production rooms, a full kitchen, and upscale office accommodations, providing flexibility for various industrial workflows. It is suited for cannabis production, food and beverage processing, brewery, bottling, veterinary service, and dairy supply businesses.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lemoore
    County
    Kings
    State
    California
    Longitude
    -119.7829107
    Latitude
    36.3007835

    Nearby Similar for Sale

    • $2,720,000
      Pending

      Productive Farmland with Dual Water Sources

      160 acres of farmland with groundwater and canal water access.
      Hanford Armona Rd, Lemoore, CA 93245
      View Details
    • $1,925,000
      110.00 Acres

      Turn-Key Vineyard Operation in Lemoore

      110+ acre vineyard with income potential in Central Valley.
      21846 Fremont Ave, Lemoore, CA 93245
      View Details
    • $1,925,000
      110.00 Acres

      Lemoore Vineyard Opportunity

      Turn-key vineyard operation in California's Central Valley.
      21846 Fremont Ave, Lemoore, CA 93245
      View Details
    • $695,000
      9,170 SF

      Freestanding Commercial Storefront and Warehouse

      9,170 SF building with retail, office, and warehouse spaces.
      333 Fox St, Lemoore, CA 93245
      View Details
    • $575,000
      5,820 SF

      Restaurant and Apartment Building For Sale

      Remodeled restaurant with apartment and garage in Lemoore, CA.
      405 W D St, Lemoore, CA 93245
      View Details
    • $595,000
      7,352 SF

      Mixed-Use Building with Tenant

      Freestanding mixed-use building with tenant and warehouse space for sale.
      201 E St, Lemoore, CA 93245
      View Details
    • $6,500,000

      Downtown Lemoore Theater For Sale

      32,000 sqft theater in Downtown Lemoore with development potential.
      400 Follett St, Lemoore, CA 93245
      View Details
    • $415,000
      5,347 SF

      Industrial Warehouse Building For Sale

      5,347 SF industrial warehouse with roll-up doors in Lemoore, CA.
      203 E St, Lemoore, CA 93245
      View Details
    • $695,000
      11,475 SF

      Downtown Lemoore Freestanding Retail Building

      Freestanding retail/office building in downtown Lemoore, CA for sale.
      339 W D St, Lemoore, CA 93245
      View Details
    • $749,900
      4,488 SF

      Turnkey Restaurant Building in Lemoore

      Historic restaurant building for sale with equipment and furniture.
      819 E Bush St, Lemoore, CA 93245
      View Details
    • $2,152,200
      7,489 SF

      NNN Retail Opportunity For Sale

      Single tenant NNN retail building with high profile opportunity.
      155 S 19Th Ave, Lemoore, CA 93245
      View Details
    • $795,000
      9,118 SF

      Lemoore Retail Center - High Traffic Area

      9,170 SF Retail/Warehouse, Multi-Tenant Income
      333 Fox St, Lemoore, CA 93245
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Modern industrial building constructed in 2022 with flexible production space.
    Where is this manufacturing property located?
    The property is located at 1156 S Commerce Way Lemoore, CA.
    What is the asking price?
    The asking price for this property is $4,600,000.
    What are key features of this property?
    This property features: - Custom-designed industrial building constructed in 2022; - State-of-the-art infrastructure tailored for modern production and manufacturing; - Expansive warehouse space
    (559) 284-2396
    Request Owner's contact information
    1156 S Commerce Way Lemoore, CA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1156 S Commerce Way
    Lemoore, CA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1156 S Commerce Way Lemoore, CA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nick J. Audino
    (559) 284-2396
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.