Cold Shell Office
For Sale
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227 E Caldwell Ave, Visalia, CA 93277
New construction cold shell office suite with NNN structure and space available for build-to-suit tenant improvements.
Property Size3,900 SF
Price / SF$255
Days on Market403
Property Features for 227 E Caldwell Ave
General Information
Standard status
Active
Size
3,900 SF
Property subtype
OFFICE
Additional Details
Office Units
1
Listing Agency:
Zeeb Commercial Real Estate
Listed By:
Marty Zeeb
(559) 625-2128
Source:
Moodyscre
Added: Sep 27, 2025
Changed: Oct 26
Last Checked: Nov 3 at 3:48AM
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
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Investment Insights
Based on property information with market context.
New construction office suite with approximately 3,900 SF remaining of a larger building and one available suite. The space is offered as a cold shell, with tenant improvement buildout available under an NNN structure. A tenant improvement credit is referenced for buildout planning, and build-to-suit options are available.
The opportunity is located at 227 E Caldwell Ave in Visalia, CA 93277. Plans are available upon request to help evaluate layout and fit for the intended office use.
Medical use is also available, giving flexibility for qualified professional and healthcare tenants looking for a space that can be built to their specific requirements.
The opportunity is located at 227 E Caldwell Ave in Visalia, CA 93277. Plans are available upon request to help evaluate layout and fit for the intended office use.
Medical use is also available, giving flexibility for qualified professional and healthcare tenants looking for a space that can be built to their specific requirements.
Key Highlights
- Approximately 3,900 SF of new construction space remaining
- One available office suite
- Offered as a cold shell with tenant improvement buildout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,699
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,980
$1.2M
Cap Rate 7%
$881,414
$881.4K
Cap Rate 9%
$685,544
$685.5K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$103.0K $26.40/SF
− Vacancy
−$20.7K −$5.31/SF
EGI
$82.3K $21.09/SF
− OpEx
−$20.6K −$5.27/SF
NOI
$61.7K $15.82/SF
Area
Visalia, CA
Vacancy
20.10%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,980
Cap Rate 7%
$881,414
Cap Rate 9%
$685,544
Alternative Uses
Best Use
Office B
$881.4K
$771.2K – $1.03M
NOI $61,699 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$934.8K – $1.25M
NOI $74,786 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
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Business Placement
Demographics for 93277, CA
53,196
Population
19,434
Households
2.7
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,350
Density / Sq Mi
$79,532
Median Household Income
$43,555
Median Earnings
$1,406
Median Rent
$320,500
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - New construction cold shell office suite with NNN structure and space available for build-to-suit tenant improvements.
Where is this office building located?
The property is located at 227 E Caldwell Ave Visalia, CA.
What is the asking price?
The asking price for this property is $994,500.
What are key features of this property?
This property features: Approximately 3,900 SF of new construction space remaining; One available office suite; Offered as a cold shell with tenant improvement buildout
