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    Commercial Property on Park Blvd Title is generated by Realmo AI

    1233 Park Blvd, Orange Cove, CA 93646

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    3,000 SF commercial building on 0.24 acres for sale/lease.

    Type:Land, Retail
    Property size:
    3,000 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $150/SF
    Added:
    Sep 4, 2024
    Days on Market:
    643
    Last Refresh:
    May 12 at 8:01 pm

    Property Features for 1233 Park Blvd

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Lot size
    0.24 Acres
    Property subtype
    Land, Retail

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    Listing Contact
    Abdul Jobah, CCIM

    Listing agent Abdul Jobah, CCIM License #CA 02213635

    Listing office Jobah's Commercial

    Listing date Sep 4, 2024

    Source Crexi

    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

    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).
    • Spacious 0.24‑acre lot allows for customization and potential expansion.
    • Flexible solution for a wide range of business needs.
    • Opportunity to secure a valuable commercial property in a thriving community.

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $59,519 @ 7.0% cap · market cap 13.23%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange Cove
    County
    Fresno
    State
    California
    Longitude
    -119.32126
    Latitude
    36.624294

    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).
    More about this property
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