Commercial Property on Park
1233 Park Blvd Orange Cove, CA 93646
For Sale
Contact for pricing
3,000 SF commercial building on 0.24 acres for sale/lease.
Property Size3,000 SF
Lot Size0.24 Acres
Price / SF$150
Days on Market689
Property Features for 1233 Park Blvd
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.24 Acres
- Property subtype
- Land, Retail
Listing Agency:
Jobah's Commercial
(661) 834-3997
Listed By:
Abdul Jobah, CCIM · License #CA 02213635
Source:
Crexi
Added: Sep 4, 2024
Changed: Jul 6
Last Checked: Jul 23 at 4:11PM
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 Jobah's Commercial
Investment Insights
Based on property information with market context.
Located at 1233 Park Blvd in Orange Cove, CA, this commercial property offers 3,000 square feet of space on a 0.24-acre lot. The property is available for sale at $450,000 or for lease at $1.25 per square foot on a Triple Net (NNN) basis. Its position on Park Blvd ensures high visibility and steady foot traffic, making it suitable for retail, office, or other commercial uses. The expansive lot provides ample space for customization and potential future expansion, offering a flexible solution for various business needs.
Key Highlights
- Prime location on Park Blvd with high visibility and foot traffic.
- Versatile 3,000‑square‑foot building suitable for retail, office, or other commercial uses.
- Option to purchase for $450,000 or lease at $1.25 per square foot (NNN).
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.7k | $19.56 |
| − Vacancy | −$3.3k | −$1.10 |
| EGI | $55.4k | $18.46 |
| − OpEx | −$16.6k | −$5.54 |
| NOI | $38.8k | $12.93 |
3,000 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$553.9K
$484.7K – $646.3K
NOI $38,776 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$850.3K
$744.0K – $992.0K
NOI $59,519 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Primo Water Refill
Big Box & Wholesale Store
Ninetynine Cent Store
(Bike/Boat/Book/etc) Store
Sal’s Discount
Specialty Food Shop
FAQs
What type of property is this?
Retail space - 3,000 SF commercial building on 0.24 acres for sale/lease.
Where is this retail space located?
The property is located at 1233 Park Blvd Orange Cove, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime location on Park Blvd with high visibility and foot traffic.; Versatile 3,000‑square‑foot building suitable for retail, office, or other commercial uses.; Option to purchase for $450,000 or lease at $1.25 per square foot (NNN).
