Two-Unit Storefront
For Sale
$189,900
1607 Center, Dos Palos, CA 93620
One unit is rented, while the other is vacant for a new business use.
Property Size4,000 SF
Price / SF$47.48
Days on Market92
Property Features for 1607 Center
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Real Estate Connections
Listed By:
Karen Caygle · License #01250542
(209) 392-9500
Source:
Sacramentoareahouses
Added: Jul 22
Changed: Oct 1
Last Checked: Oct 20 at 9:21PM
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 Real Estate Connections
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 storefront property contains two units, providing a combination of existing occupancy and available space. One unit is currently rented, and the second unit is vacant for a new business or other supported commercial use.
Built in 1920, the property is located at 1607 Center Avenue in Dos Palos, California 93620. The two-unit configuration offers a straightforward commercial layout for an owner-user seeking space alongside an existing rental arrangement.
Built in 1920, the property is located at 1607 Center Avenue in Dos Palos, California 93620. The two-unit configuration offers a straightforward commercial layout for an owner-user seeking space alongside an existing rental arrangement.
Key Highlights
- Two‑unit storefront property
- One unit currently rented
- Second unit is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,186
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,720
$163.7K
Cap Rate 7%
$116,943
$116.9K
Cap Rate 9%
$90,956
$91.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$12.5K $3.12/SF
− Vacancy
−$786 −$0.20/SF
EGI
$11.7K $2.92/SF
− OpEx
−$3.5K −$0.88/SF
NOI
$8.2K $2.05/SF
Area
Merced County, CA
Vacancy
6.30%
Lease Rate
$3.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,720
Cap Rate 7%
$116,943
Cap Rate 9%
$90,956
Alternative Uses
Best Use
Retail
$116.9K
$102.3K – $136.4K
NOI $8,186 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$882.5K
$772.2K – $1.03M
NOI $61,776 @ 7.0% cap · market cap 32.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 26%
Circle K
Shops & Services
8,689 visits/mo
0.5 miles
Dollar Tree
Shops & Services
6,361 visits/mo
0.0 miles
Pizza Factory
Dining
2,653 visits/mo
0.1 miles
SUBWAY
Dining
2,604 visits/mo
0.1 miles
Demographics for 93620, CA
10,311
Population
3,490
Households
3
Avg Household Size
33
Median Age
11%
College-Educated
68%
High-School Grad
161.3 sq mi
ZIP Area
64
Density / Sq Mi
$49,890
Median Household Income
$34,818
Median Earnings
$1,081
Median Rent
$295,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Trini's Flower's — 1561 Center Ave, Dos Palos, CA 93620
- The Flower Box by Hernandez Flowers — 2358 Blossom St, Dos Palos, CA 93620
Frequently Asked Questions
What type of property is this?
Storefront property - One unit is rented, while the other is vacant for a new business use.
Where is this storefront property located?
The property is located at 1607 Center Dos Palos, CA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two‑unit storefront property; One unit currently rented; Second unit is vacant
