Mixed-Use Live-Work
For Sale
$345,000
222 Heinlen St, Lemoore, CA 93245
Separate residential and commercial areas include private rooms, open workspace, and dedicated kitchens.
Property Size2,800 SF
Lot Size0.08 Acres
Price / SF$123.21
Days on Market9
Property Features for 222 Heinlen St
General Information
Standard status
Active
Size
2,800 SF
Lot size
0.08 Acres
Zoning
DMX-1
Amenities
fully functional kitchen
bathroom with walk-in shower
four private suites
generous open area
central heating and air
private patio
two kitchens
Building Details
Year Built
1920
Buildings
1
Listing Agency:
London Properties, Ltd.
(559) 436-4000
Listed By:
Nivia M. Lourenco · License #01265233
(559) 333-1555
Source:
Exprealty
Added: Oct 7
Changed: Oct 15
Last Checked: Oct 15 at 2:21AM
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 London Properties, Ltd.
Investment Insights
Based on property information with market context.
Built in 1920, this mixed-use property contains approximately 2,800 square feet of building area on a 3,375-square-foot lot and carries DMX-1 zoning. Its commercial section includes four private suites, an open work area, a kitchen, and a bathroom with a walk-in shower. The residence has its own kitchen, living area, loft, and private patio. Central heating and air serve the building.
The property is at 222 Heinlen Street in Downtown Lemoore. Distinct residential and commercial areas, along with separate kitchens, create a layout that combines living and business functions within one property.
The property is at 222 Heinlen Street in Downtown Lemoore. Distinct residential and commercial areas, along with separate kitchens, create a layout that combines living and business functions within one property.
Key Highlights
- Approximately 2,800 square feet of building area on a 3,375‑square‑foot lot
- DMX‑1 zoning; built in 1920
- Commercial area has four private suites, open workspace, kitchen, and bathroom with walk‑in shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,350
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,000
$567.0K
Cap Rate 7%
$405,000
$405.0K
Cap Rate 9%
$315,000
$315.0K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$50.4K $18.00/SF
− Vacancy
−$5.0K −$1.80/SF
EGI
$45.4K $16.20/SF
− OpEx
−$17.0K −$6.07/SF
NOI
$28.4K $10.13/SF
Area
Kings County, CA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,000
Cap Rate 7%
$405,000
Cap Rate 9%
$315,000
Alternative Uses
Best Use
Office B
$546.5K
$478.2K – $637.6K
NOI $38,254 @ 7.0% cap · market cap 11.09%
Second Best
Mixed Use
$405.0K
$354.4K – $472.5K
NOI $28,350 @ 7.0% cap · market cap 8.22%
Theoretical Best
Healthcare Medical
$884.6K
$774.1K – $1.03M
NOI $61,924 @ 7.0% cap · market cap 17.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 93245, CA
38,045
Population
12,995
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
84%
High-School Grad
118.9 sq mi
ZIP Area
320
Density / Sq Mi
$78,181
Median Household Income
$40,279
Median Earnings
$1,470
Median Rent
$324,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate residential and commercial areas include private rooms, open workspace, and dedicated kitchens.
Where is this mixed-use property located?
The property is located at 222 Heinlen St Lemoore, CA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Approximately 2,800 square feet of building area on a 3,375‑square‑foot lot; DMX‑1 zoning; built in 1920; Commercial area has four private suites, open workspace, kitchen, and bathroom with walk‑in shower
