Oakhurst Mixed-Use Development
For Sale
Contact for pricing
40843 Hwy 41, Oakhurst, CA
Two buildings on 0.94 acres, ideal for owner-user/development.
Property Size3,450 SF
Lot Size1.69 Acres
Price / SF$159.42
Days on Market857
Property Features for 40843 Hwy 41
General Information
Standard status
Active
Size
3,450 SF
Lot size
1.69 Acres
Property subtype
RETAIL
Listing Agency:
KW Commercial | Central California
(559) 705-1000
Listed By:
Jared Ennis
(559) 302-8698
Source:
Moodyscre
Added: Jun 24, 2024
Changed: Oct 25
Last Checked: Oct 26 at 7:03PM
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 KW Commercial | Central California
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property in Oakhurst, California, presents an owner-user or development opportunity. It features two freestanding buildings totaling approximately 3,450 square feet on a 0.94-acre lot. The site includes one approximately 1,450-square-foot retail building on an upper lot of approximately 22,160 square feet, and one approximately 2,000-square-foot office/warehouse building on a lower lot of approximately 18,787 square feet. The flex building includes a wide-open area with two private restrooms, a large warehouse, and a covered front overhang. The rear office/warehouse building consists of an approximately 500-square-foot office with a full restroom and shower, and an approximately 1,500-square-foot wide-open warehouse. The property holds a CRM zoning designation, making it suited for a brew house. The site is associated with the Cal Water District and features a septic tank. Strategically positioned along Highway 41, the property offers easy access and visibility.
Key Highlights
- Mixed‑use property with two freestanding buildings totaling ±3,450 sf on a 0.94‑acre lot.
- CRM zoning designation, ideally suited for a brew house.
- Strategically positioned along Highway 41 with easy access and visibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,182
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,640
$1.0M
Cap Rate 7%
$716,886
$716.9K
Cap Rate 9%
$557,578
$557.6K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$63.8K $18.48/SF
− Vacancy
−$4.7K −$1.37/SF
EGI
$59.0K $17.11/SF
− OpEx
−$8.9K −$2.57/SF
NOI
$50.2K $14.55/SF
Area
Madera County, CA
Vacancy
7.40%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,640
Cap Rate 7%
$716,886
Cap Rate 9%
$557,578
Alternative Uses
Best Use
Retail
$1.01M
$881.3K – $1.18M
NOI $70,507 @ 7.0% cap · market cap 12.82%
Second Best
Warehouse
$716.9K
$627.3K – $836.4K
NOI $50,182 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,459 @ 7.0% cap · market cap 16.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Retail space - Two buildings on 0.94 acres, ideal for owner-user/development.
Where is this retail space located?
The property is located at 40843 Hwy 41 Oakhurst, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Mixed‑use property with two freestanding buildings totaling ±3,450 sf on a 0.94‑acre lot.; CRM zoning designation, ideally suited for a brew house.; Strategically positioned along Highway 41 with easy access and visibility.
