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Automotive Facility with Showroom

1446 E Mineral King Ave, Visalia, CA 93292

For Sale
$699,000

Fresh paint, flooring, fixtures, private offices, and restrooms are included across the buildings.

Property Size1,896 SF
Days on Market50

Property Features for 1446 E Mineral King Ave

General Information

Standard status Active
Size 1,896 SF
Class C
Property subtype Other

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 1,896 SF
Year Built 1959
Buildings 2
Listing Agency: Zeeb Commercial Real Estate
Listed By: Marc Griffiths · License #01434697
Source: Commercialcafe
Added: Sep 21 Changed: Oct 26 Last Checked: Nov 8 at 2:32AM

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 Zeeb Commercial Real Estate

Rey
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 automotive property includes two buildings with distinct layouts and customer-facing improvements. The building along E. Mineral King Avenue contains a sizable showroom, private offices, and two private restrooms. Fresh interior and exterior paint, new flooring, and fixtures are present throughout both structures. The north building adds several enclosed rooms at ground level, along with a large second-floor open area and an additional restroom.

The property is located at 1446 E. Mineral King Avenue in Visalia, adjacent to the city’s auto centers. Ben Maddox Way is also nearby, and the on- and off-ramps for Hwy 198 are in the immediate area. The improvements date to 1959 and were previously used for auto rental and sales operations.

Key Highlights

  • Two‑building automotive property at 1446 E. Mineral King Avenue in Visalia
  • Front building includes a large showroom, private offices, and two private restrooms
  • North building offers several ground‑floor rooms and a large open second‑floor room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,062
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,240 $541.2K
Cap Rate 7%
$386,600 $386.6K
Cap Rate 9%
$300,689 $300.7K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$41.0K $21.60/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$38.7K $20.39/SF
− OpEx
−$11.6K −$6.12/SF
NOI
$27.1K $14.27/SF
Area
Visalia, CA
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,240
Cap Rate 7%
$386,600
Cap Rate 9%
$300,689

Alternative Uses

Best Use
Retail
$386.6K
$338.3K – $451.0K (±1% cap)
NOI $27,062 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$268.0K
$234.5K – $312.6K (±1% cap)
NOI $18,758 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$519.4K
$454.5K – $606.0K (±1% cap)
NOI $36,358 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Premier Auto Sales Car Dealership

Suggested Use

Top Pick Real Estate Agency Electrical Service Grocery & Convenience Store Daycare Center Pharmacy Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby
333k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 41% Dining 31% Shops & Services 18% Groceries 10%
Walmart Superstores
135,958 visits/mo 0.3 miles
Save Mart Groceries
33,654 visits/mo 0.3 miles
Starbucks Dining
20,904 visits/mo 0.3 miles
Taco Bell Dining
19,897 visits/mo 0.3 miles
Dollar Tree Shops & Services
16,771 visits/mo 0.3 miles

Demographics for 93292, CA

43,316
Population
15,028
Households
2.9
Avg Household Size
34
Median Age
18%
College-Educated
84%
High-School Grad
114.7 sq mi
ZIP Area
378
Density / Sq Mi
$80,784
Median Household Income
$40,834
Median Earnings
$1,418
Median Rent
$330,600
Median Home Value

Market

Average Price Trend$/SF for Automotive properties in Tulare County, CA

$160 Jul
$196 Aug
$317 Sep
$317 Oct

Properties on Market for Automotive properties in Tulare County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Penske Truck Rental — 555 S Lovers Ln, Visalia, CA 93292
  • Sierra Mini Storage — 555 S Lovers Ln, Visalia, CA 93292
  • U-Haul Neighborhood Dealer — 201 S Burke St, Visalia, CA 93292
  • Avis Car Rental — 340 S Burke St, Visalia, CA 93292
  • U-Haul Neighborhood Dealer — 250 S Burke St, Visalia, CA 93292

Frequently Asked Questions

What type of property is this?
Automotive property - Fresh paint, flooring, fixtures, private offices, and restrooms are included across the buildings.
Where is this automotive property located?
The property is located at 1446 E Mineral King Ave Visalia, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑building automotive property at 1446 E. Mineral King Avenue in Visalia; Front building includes a large showroom, private offices, and two private restrooms; North building offers several ground‑floor rooms and a large open second‑floor room
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