Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space Near Yosemite Entrance Title is generated by Realmo AI

    40050 CA-49, Oakhurst, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in Oakhurst near Yosemite National Park entrance.

    Type:RETAIL
    Property size:
    2,080 SF
    Lot size:
    13.94 Acres
    Added:
    Jul 18, 2023
    Days on Market:
    1033
    Last Refresh:
    Apr 5 at 10:15 pm

    Property Features for 40050 CA-49

    General Information

    Standard status
    Active
    Size
    2,080 SF
    Lot size
    13.94 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 40050 CA-49 Contact us

    We can help!

    Listing Contact
    Michael Arfsten
    Michael Arfsten

    Listing agent Michael Arfsten

    Listing office Retail California Commercial Real Estate

    Listing date Jul 18, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Retail California Commercial Real Estate

    HighLights

    • High traffic location: Positioned at the intersection of State Highways 41 and 49 with 62,445± cars per day.
    • Proximity to Yosemite National Park: Located 16± miles from the park's south entrance.
    • Benefits from robust year‑round tourism to Yosemite National Park.
    • Situated in the nearest town outside of Yosemite, Oakhurst.
    • Accessibility: A quick 25± minute drive to Yosemite National Park.
    • High Yosemite visitation: Almost 4 million visitors toured Yosemite in 2014.

    Overview

    The Old Mill Village shopping center is located near the intersection of State Highways 41 and 49 in Oakhurst, California, with a traffic volume of approximately 62,445 cars per day at this signalized intersection. The south entrance to Yosemite National Park is located approximately 16 miles north of the Highways 41 and 49 intersection, which is about a 25-minute drive from the Old Mill Village shopping center. In 2014, almost 4 million visitors toured Yosemite. Oakhurst is the closest town outside of the park and experiences a significant amount of Yosemite Park tourism throughout the year. The available retail space measures approximately 2,080 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Old Mill Village — 40179 Enterprise Dr # A-2, Oakhurst, CA 93644
    • Coinstar Kiosk | Bitcoin ATM — Raley's, 40041 Highway 49, Oakhurst, CA 93644

    Map

    City
    Oakhurst
    County
    Madera
    State
    California
    Longitude
    -119.649
    Latitude
    37.328

    Nearby Similar for Lease

    • Contact for pricing
      6,572 SF

      Turnkey Restaurant Opportunity

      Existing restaurant space available for lease in Oakhurst, California.
      40650 Hwy 41, Oakhurst, CA
      View Details
    • Contact for pricing

      Retail Property on Highway 41

      Retail property for sale located on Highway 41.
      40879 Hwy 41, Oakhurst, CA
      View Details
    • Contact for pricing
      1,480 SF

      Retail Space Near Yosemite Entrance

      Retail space in Oakhurst, near Yosemite National Park.
      40044 CA 49, Oakhurst, CA
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Near Yosemite Park

      Retail space near Yosemite National Park entrance.
      40032 CA-49, Oakhurst, CA
      View Details
    • Contact for pricing

      Oakhurst Retail and Office Space

      Shopping center and office spaces available for lease in Oakhurst.
      NEC Highway 41 & Highway 49, Oakhurst, CA 93644
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in Oakhurst near Yosemite National Park entrance.
    Where is this shopping center located?
    The property is located at 40050 CA-49 Oakhurst, CA.
    What are key features of this property?
    This property features: High traffic location: Positioned at the intersection of State Highways 41 and 49 with 62,445± cars per day.; Proximity to Yosemite National Park: Located 16± miles from the park's south entrance.; Benefits from robust year‑round tourism to Yosemite National Park.
    (559) 447-6233 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Arfsten
    Michael Arfsten
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    40050 CA-49, Oakhurst, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!