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    2024 Garvey Ave Corcoran, CA 93212

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    For Sale
    $150,000

    Established convenience store with steady income and long-term lease.

    Property size:
    1,588 SF
    Lot size:
    0.35 Acres

    Property Features for 2024 Garvey Ave

    General Information

    Size
    1,588 SF
    Lot size
    0.35 Acres

    Source: Jobah Commercial Real Estate Agent Muadh Saed

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

    Overview

    Profitable Market in Corcoran, CA

    N&M Market, a convenience store located in Corcoran, CA, is available for purchase. The store has a size of 1,558 square feet and generates an average of $40,000 in monthly sales. Additional income streams include approximately $750 per month from lotto and $400 per month from an ATM. The property features an affordable monthly rent of $875. The lease term is 10 years, with two 5-year renewal options. This established business offers an opportunity for entrepreneurs.
    Insight Report Location Intelligence

    Current Use by Public Records

    N & M Market Convenience Store Primo Water Refill Bottled Water Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Cost Less Food Company

    Location Insight

    • Map
    • Local Demand
    City
    Corcoran
    County
    Tulare
    State
    California
    Longitude
    -119.5740178
    Latitude
    36.1028405

    Nearby Similar for Sale

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      3,000 SF

      Corcoran Multifamily Investment Opportunity

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      1107 Patterson Ave, Corcoran, CA 93212
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    • $295,500
      1,496 SF

      Corcoran Multifamily Investment Opportunity

      Multifamily property with two houses on one lot in Corcoran.
      1425 Letts Ave, Corcoran, CA 93212
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Established convenience store with steady income and long-term lease.
    Where is this grocery and convenience store located?
    The property is located at 2024 Garvey Ave Corcoran, CA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Established Business: N&M Market is a well-established convenience store with an existing customer base.; - High Monthly Sales: Averaging $40,000 in monthly sales indicates a strong and established business.; - Affordable Rent: Low monthly rent of $875 significantly reduces overhead costs.
    (661) 200-9499
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    Corcoran, CA 93212
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    Realmo Value Estimation

    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.

    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.

    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
    2024 Garvey Ave Corcoran, CA 93212
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