Retail Property in Madera, CA

37303 Avenue 12, Madera, CA

View on Map

For Sale

Contact for pricing

Retail property in Madera, California, near Fresno and Yosemite Airport.

Type:RETAIL

Property size:

9,026 SF

Lot size:

1.01 Acres

Price / SF:

$254/SF

HighLights

Located in an area with high average household income ($105,053 within a 5‑mile radius).
Dollar General is the largest discount retailer in the U.S. by number of stores.
Situated near multiple schools (Independence Continuation High, Liberty High School, Ranchos Middle School, and Wester Elementary Schools) serving over 2,000 students, faculty, and staff.
Located less than 20 minutes from Downtown Fresno and Fresno Yosemite International Airport.
Joiner Parkways are being completed to connect to Highway 65, increasing traffic flow.
Limited competition with the nearest Dollar Store approximately 15 miles away.

We can help!

Listing Contact

Daniel Mueller

For Sale

Contact for pricing

Retail property in Madera, California, near Fresno and Yosemite Airport.

Type:RETAIL

Property size:

9,026 SF

Lot size:

1.01 Acres

Price / SF:

$254/SF

Added:: Dec 21, 2023
Days on Market:: 906
Last Refresh:: May 20 at 9:31 pm

Property Features for 37303 Avenue 12

General Information

Standard status: Active
Size: 9,026 SF
Lot size: 1.01 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Daniel Mueller

Listing agent Daniel Mueller

Listing office Century 21 - Mueller Commercial | Sacramento

Listing date Dec 21, 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 Century 21 - Mueller Commercial | Sacramento

HighLights

Located in an area with high average household income ($105,053 within a 5‑mile radius).
Dollar General is the largest discount retailer in the U.S. by number of stores.
Situated near multiple schools (Independence Continuation High, Liberty High School, Ranchos Middle School, and Wester Elementary Schools) serving over 2,000 students, faculty, and staff.
Located less than 20 minutes from Downtown Fresno and Fresno Yosemite International Airport.
Joiner Parkways are being completed to connect to Highway 65, increasing traffic flow.
Limited competition with the nearest Dollar Store approximately 15 miles away.

Overview

This retail property is located in Madera, California, a principal city within the Madera-Chowchilla Metropolitan Statistical Area and part of California’s San Joaquin Valley. Madera is the third-largest metropolitan region in Northern California. The property is situated less than 20 minutes from Downtown Fresno and the Fresno Yosemite International Airport. The surrounding area includes U-Haul, Napa Auto Parts, National Petroleum, Pizza Factory, Ranchos Café, El Rinconcito Mexican Grill, Subway, and State Foods Supermarket. The property is located near Independence Continuation High, Liberty High School, Ranchos Middle School, and Wester Elementary Schools, serving over 2,000 students, faculty, and staff. The average household income within a 5-mile radius is over $105,053. The property consists of 9,026 square feet. Joiner Parkways are being completed to connect to Highway 65 and access to the East side of Lincoln. This will allow for Joiner Parkway to serve as a major arterial connecting residential population to the site and substantially increasing traffic flow.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$279.4k	$30.96
− Vacancy	−$15.9k	−$1.76
EGI	$263.5k	$29.20
− OpEx	−$65.9k	−$7.30
NOI	$197.6k	$21.90

9,026 SF · lease $30.96/SF/yr · vacancy 5.70% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$2.82M

$2.47M – $3.29M (±1% cap)

NOI $197,637 @ 7.0% cap · market cap 8.59%

Second Best

Retail

$2.64M

$2.31M – $3.07M (±1% cap)

NOI $184,462 @ 7.0% cap · market cap 8.02%

Theoretical Best

Office A

$3.49M

$3.06M – $4.08M (±1% cap)

NOI $244,511 @ 7.0% cap · market cap 10.63%

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

Property Profile Location Intelligence

Current Use by Public Records

Redbox Cinema FedEx OnSite Postal Service Dollar General Discount Store Western Union Bank

Suggested Use

Location Insight

Map
Local Demand

City: Madera
County: Madera
State: California
Longitude: -119.871
Latitude: 36.9235

Nearby Similar for Sale

$649,950

2,633 SF

Mixed-Use Redevelopment Property

Includes a main building with office and event areas plus an enclosed barn event building on a sub-acre lot.

17408 Road 26, Madera, CA 93638

View Details
$639,999

1,987 SF

Office Building in Madera, CA

Commercial office building for sale in Madera, California.

400 W Yosemite Avenue, Madera, CA 93637

View Details
$895,000

3,590 SF

Retail Space in Madera, CA

Retail space available for purchase in Madera, California.

24110 Avenue 14, Madera, CA 93637

View Details
$659,000

3,000 SF

Madera Commercial Property For Sale

Commercial property in Madera, CA, ideal for retail or automotive.

516 N Gateway Drive, Madera, CA 93637

View Details
$1,400,000

4,941 SF

Multi-Family Quadplex with Commercial Flexibility

Four income-producing multifamily units with month-to-month tenants and commercial zoning, plus an on-site well for water access.

34681 Avenue 12, Madera, CA 93636

View Details
$350,000

1,800 SF

Madera Commercial Property For Sale

Commercial property in Madera, CA, ideal for office use.

25954 Tanforan Drive, Madera, CA 93638

View Details
$599,000

2,500 SF

Madera Retail Space For Sale

Retail space available in Madera, California, with 2500 square feet.

Madera, CA 93637

View Details
$740,000

1,241 SF

Ranch Property with Two Residences

Two-home ranch with livestock flexibility and rental income potential, plus recent well and HVAC upgrades.

34937 Avenue 13 1/2, Madera, CA 93636

View Details
$450,000

2,500 SF

Retail Property For Sale

Standalone retail opportunity on a sizable lot, offering flexibility for a range of neighborhood-oriented businesses.

Madera, CA 93638

View Details
$1,600,000

Productive Walnut Ranch in Madera

57-acre walnut ranch in Madera Irrigation District.

24290 Avenue 5, Madera, CA 93637

View Details
$659,000

3,000 SF

Versatile Commercial Building Near Downtown

3,000 SF shop/warehouse with open layout and loading access.

516 N Gateway Dr, Madera, CA 93637

View Details
$1,250,000

8,500 SF

Automotive Shop and Paint Booth

Versatile automotive facility with dedicated drive-in paint booth, shop workspace, and covered rear parking for vehicle storage.

1217 E Yosemite, Madera, CA 93638

View Details

What type of property is this?

Grocery and convenience store - Retail property in Madera, California, near Fresno and Yosemite Airport.

Where is this grocery and convenience store located?

The property is located at 37303 Avenue 12 Madera, CA.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: Located in an area with **high average household income** ($105,053 within a 5‑mile radius).; Dollar General is the largest discount retailer in the U.S. by number of stores.; Situated near multiple schools (Independence Continuation High, Liberty High School, Ranchos Middle School, and Wester Elementary Schools) serving over 2,000 students, faculty, and staff.

37303 Avenue 12, Madera, CA

Retail property in Madera, California, near Fresno and Yosemite Airport.

Property Features for 37303 Avenue 12

General Information

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Redevelopment Property

Office Building in Madera, CA

Retail Space in Madera, CA

Madera Commercial Property For Sale

Multi-Family Quadplex with Commercial Flexibility

Madera Commercial Property For Sale

Madera Retail Space For Sale

Ranch Property with Two Residences

Retail Property For Sale

Productive Walnut Ranch in Madera

Versatile Commercial Building Near Downtown

Automotive Shop and Paint Booth

FAQs

Create New Password