Retail and Office
For Sale
Contact for pricing
1445 North Schnoor Street, Madera, CA 93637
Commercial property for sale combining retail space and office units in Madera, California.
Property Size6,750 SF
Price / SF$273.33
Days on Market105
Property Features for 1445 North Schnoor Street
General Information
Standard status
Active
Size
6,750 SF
Property subtype
Retail, Office
Building Details
Year Built
1977
Units
34
Listing Agency:
Colliers - Fresno, California
Listed By:
Matthew Mollica · License #DRE #02376932
(559) 385-5795
Source:
Crexi
Added: May 28
Changed: Sep 8
Last Checked: Sep 8 at 4:08AM
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 Colliers - Fresno, California
Investment Insights
Based on property information with market context.
This for-sale commercial property is classified as retail space and office units, offering a flexible configuration for businesses seeking a combination of storefront-style and office-oriented layouts. The total property size is listed at 6,750 square feet.
Located at 1445 North Schnoor Street in Madera, California, the property’s straightforward positioning supports a mixed-use tenant mix depending on a buyer’s leasing strategy. As presented, it is being marketed as a single commercial asset rather than a standalone specialty use.
For tenants, the asset may be suitable for retail operators and organizations that want an on-site office component, depending on their specific space requirements. For buyers, it presents a commercial acquisition opportunity in Madera with both retail and office space identified in the property type. Interested parties should review the available layout and unit configuration during due diligence to confirm how the space will work for their intended business use.
Located at 1445 North Schnoor Street in Madera, California, the property’s straightforward positioning supports a mixed-use tenant mix depending on a buyer’s leasing strategy. As presented, it is being marketed as a single commercial asset rather than a standalone specialty use.
For tenants, the asset may be suitable for retail operators and organizations that want an on-site office component, depending on their specific space requirements. For buyers, it presents a commercial acquisition opportunity in Madera with both retail and office space identified in the property type. Interested parties should review the available layout and unit configuration during due diligence to confirm how the space will work for their intended business use.
Key Highlights
- Commercial property in Madera, California
- Built in 1977
- Includes both retail space and office units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$154,232
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,084,640
$3.1M
Cap Rate 7%
$2,203,314
$2.2M
Cap Rate 9%
$1,713,689
$1.7M
Market Conditions
NOI Build-Up for 6,750 SF
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.
Gross rent
$239.8K $35.52/SF
− Vacancy
−$34.1K −$5.05/SF
EGI
$205.6K $30.47/SF
− OpEx
−$51.4K −$7.62/SF
NOI
$154.2K $22.85/SF
Area
Madera County, CA
Vacancy
14.23%
Lease Rate
$35.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,084,640
Cap Rate 7%
$2,203,314
Cap Rate 9%
$1,713,689
Alternative Uses
Best Use
Office B
$2.20M
$1.93M – $2.57M
NOI $154,232 @ 7.0% cap · market cap 8.36%
Second Best
Retail
$1.97M
$1.72M – $2.30M
NOI $137,948 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$2.61M
$2.29M – $3.05M
NOI $182,855 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 93637, CA
40,202
Population
12,918
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
70%
High-School Grad
280.4 sq mi
ZIP Area
143
Density / Sq Mi
$74,621
Median Household Income
$36,057
Median Earnings
$1,345
Median Rent
$369,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial property for sale combining retail space and office units in Madera, California.
Where is this retail space located?
The property is located at 1445 North Schnoor Street Madera, CA.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: Commercial property in Madera, California; Built in 1977; Includes both retail space and office units
