Remodeled Freestanding Grocery
For Sale
$1,700,000
217 S L Street, Dinuba, CA 93618
Freestanding grocery property with a meat counter, prep area, and built-out commercial kitchen.
Property Size7,500 SF
Price / SF$226.67
Days on Market199
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 217 S L Street
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Commercial/Industrial
Additional Details
Business Included
Yes
Building Details
Year Built
1921
Listing Agency:
Gentile Real Estate
(559) 434-4999
Listed By:
Yusef Noaman Supnet Mijalli · License #02158492
(559) 213-5368
Source:
Exitrealty
Added: Mar 31
Changed: Oct 11
Last Checked: Oct 11 at 4:26AM
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 Gentile Real Estate
Investment Insights
Based on property information with market context.
This 7,500-square-foot freestanding grocery property combines a neighborhood market, meat department, and commercial kitchen within one remodeled facility. The retail area is complemented by meat display cases and a dedicated preparation space, while the kitchen is configured for hot food service, prepared meals, and catering operations. The sale includes the operating grocery business and the underlying real estate.
Updated improvements throughout the building support continued grocery retail and food-service use. The flexible interior configuration accommodates multiple operating components, including general merchandise sales, fresh meat service, and prepared-food production. The property was originally built in 1921 and is located at 217 S L Street in Dinuba, California.
Updated improvements throughout the building support continued grocery retail and food-service use. The flexible interior configuration accommodates multiple operating components, including general merchandise sales, fresh meat service, and prepared-food production. The property was originally built in 1921 and is located at 217 S L Street in Dinuba, California.
Key Highlights
- 7,500‑square‑foot freestanding grocery market with underlying real estate
- Remodeled property with updated improvements throughout
- Meat department includes display cases and a preparation area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,050
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,141,000
$2.1M
Cap Rate 7%
$1,529,286
$1.5M
Cap Rate 9%
$1,189,444
$1.2M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$162.0K $21.60/SF
− Vacancy
−$9.1K −$1.21/SF
EGI
$152.9K $20.39/SF
− OpEx
−$45.9K −$6.12/SF
NOI
$107.0K $14.27/SF
Area
Tulare County, 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%
$2,141,000
Cap Rate 7%
$1,529,286
Cap Rate 9%
$1,189,444
Alternative Uses
Best Use
Specialty Retail
$2.28M
$1.99M – $2.66M
NOI $159,469 @ 7.0% cap · market cap 9.38%
Second Best
Retail
$1.53M
$1.34M – $1.78M
NOI $107,050 @ 7.0% cap · market cap 6.30%
Theoretical Best
—
—
same as Best Use
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93618, CA
30,709
Population
9,040
Households
3.4
Avg Household Size
30
Median Age
14%
College-Educated
71%
High-School Grad
66.9 sq mi
ZIP Area
459
Density / Sq Mi
$63,190
Median Household Income
$31,976
Median Earnings
$1,125
Median Rent
$272,600
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
- DINUBA FOOD CENTER — 217 S L St, Dinuba, CA 93618
- United Market Shopping Center — 1665 E El Monte Way, Dinuba, CA 93618
- Grocery Outlet — 667 N Alta Ave, Dinuba, CA 93618
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding grocery property with a meat counter, prep area, and built-out commercial kitchen.
Where is this grocery and convenience store located?
The property is located at 217 S L Street Dinuba, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 7,500‑square‑foot freestanding grocery market with underlying real estate; Remodeled property with updated improvements throughout; Meat department includes display cases and a preparation area
