Mixed-Use Property with Roll-Up
For Sale
Contact for pricing
25 South Kessing Street, Porterville, CA 93257
Two separate buildings provide office, restroom, cooling, and workspace configurations for commercial operations.
Property Size4,700 SF
Price / SF$111.70
Days on Market11
Property Features for 25 South Kessing Street
General Information
Standard status
Active
Size
4,700 SF
Property subtype
Mixed Use
Zoning
commercial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Year Built
1971
Buildings
2
Listing Agency:
Century 21 Select Real Estate Roseville
(916) 786-2121
Listed By:
Mike Southwick · License #CA 01912741
Source:
Crexi
Added: Aug 11
Changed: Aug 18
Last Checked: Aug 21 at 9:45AM
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 Century 21 Select Real Estate Roseville
Investment Insights
Based on property information with market context.
This mixed-use commercial property comprises two separate buildings totaling approximately 4,700 square feet. Built in 1971, the improvements include roll-up doors, supporting warehouse, light industrial, automotive, and service-oriented operations. The front building contains office space, a restroom, and air conditioning. The rear building adds evaporative cooling and a private restroom, creating separate functional areas within the site.
The property is located at 25 South Kessing Street in Porterville, near Porterville High School and along a heavily traveled corridor. Access to the fenced rear yard is available from the street, while additional front parking is provided along Olive Avenue. Existing occupancy is in place, with further leasing opportunities identified in the property information.
The property is located at 25 South Kessing Street in Porterville, near Porterville High School and along a heavily traveled corridor. Access to the fenced rear yard is available from the street, while additional front parking is provided along Olive Avenue. Existing occupancy is in place, with further leasing opportunities identified in the property information.
Key Highlights
- Two buildings totaling approximately 4,700 square feet
- Roll‑up doors serve both separate buildings
- Front building includes office space, restroom, and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,588
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$951,760
$951.8K
Cap Rate 7%
$679,829
$679.8K
Cap Rate 9%
$528,756
$528.8K
Market Conditions
NOI Build-Up for 4,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$84.6K $18.00/SF
− Vacancy
−$8.5K −$1.80/SF
EGI
$76.1K $16.20/SF
− OpEx
−$28.6K −$6.07/SF
NOI
$47.6K $10.13/SF
Area
Tulare 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$951,760
Cap Rate 7%
$679,829
Cap Rate 9%
$528,756
Alternative Uses
Best Use
Mixed Use
$679.8K
$594.9K – $793.1K
NOI $47,588 @ 7.0% cap · market cap 9.06%
Second Best
Flex RnD
$590.1K
$516.4K – $688.5K
NOI $41,308 @ 7.0% cap · market cap 7.87%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $99,934 @ 7.0% cap · market cap 19.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,616
Businesses Nearby
Explore this area
Business Placement
Demographics for 93257, CA
79,569
Population
25,020
Households
3.2
Avg Household Size
31
Median Age
15%
College-Educated
69%
High-School Grad
378.9 sq mi
ZIP Area
210
Density / Sq Mi
$58,261
Median Household Income
$30,344
Median Earnings
$1,086
Median Rent
$276,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two separate buildings provide office, restroom, cooling, and workspace configurations for commercial operations.
Where is this mixed-use property located?
The property is located at 25 South Kessing Street Porterville, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two buildings totaling approximately 4,700 square feet; Roll‑up doors serve both separate buildings; Front building includes office space, restroom, and air conditioning
