Freestanding Restaurant Building with
For Sale
Contact for pricing
25014 W Dorris Ave, Coalinga, CA 93210
Vacant restaurant with drive-thru on a large lot for sale.
Property Size2,520 SF
Lot Size1.01 Acres
Price / SF$337.30
Days on Market1781
Property Features for 25014 W Dorris Ave
General Information
Standard status
Active
Size
2,520 SF
Lot size
1.01 Acres
Property subtype
Retail
Investment Type
Owner/User
Building Details
Year Built
1998
Buildings
1
Listing Agency:
C21 Commercial
(559) 359-4035
Listed By:
Jared Ennis · License #CA
Source:
Crexi
Added: Oct 15, 2021
Changed: Aug 16
Last Checked: Aug 29 at 3:11AM
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 C21 Commercial
Investment Insights
Based on property information with market context.
This is a vacant freestanding restaurant building featuring approximately 2,520 square feet of space, situated on a lot of approximately 1.01 acres. The property includes a large, fully paved parking lot and a drive-thru. The sale encompasses all existing restaurant and kitchen equipment, including walk-in freezers and refrigerators, burners, ovens, fryers, sinks, tables, and chairs, along with all fixtures, furnishings, and equipment. The property benefits from a highly visible corner location with direct visibility from I-5 and HWY-198, making it a convenient resting spot for travelers and commuters heading to and from destinations such as Yosemite National Park, San Francisco, Santa Cruz, Monterey, Carmel, Hearst Castle, Pismo Beach, Santa Barbara, and Los Angeles. The intended use of the property is for restaurant purposes.
Key Highlights
- Highly visible corner location with direct I‑5 and HWY‑198 visibility.
- ±2,520 SF vacant freestanding restaurant building on ±1.01 acres with a large fully paved parking lot.
- All restaurant and kitchen equipment included in the sale (drive‑thru, walk‑in freezers/refrigerators, burners, ovens, fryers, sinks, tables, chairs, etc.).
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
$34,898
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
4.11%
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%
$697,960
$698.0K
Cap Rate 7%
$498,543
$498.5K
Cap Rate 9%
$387,756
$387.8K
Market Conditions
NOI Build-Up for 2,520 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
$49.3K $19.56/SF
− Vacancy
−$2.8K −$1.10/SF
EGI
$46.5K $18.46/SF
− OpEx
−$11.6K −$4.62/SF
NOI
$34.9K $13.85/SF
Area
Fresno County, CA
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
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%
$697,960
Cap Rate 7%
$498,543
Cap Rate 9%
$387,756
Alternative Uses
Best Use
Specialty Retail
$498.5K
$436.2K – $581.6K
NOI $34,898 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$714.2K
$625.0K – $833.3K
NOI $49,996 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
230k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 41%
Hotels & Casinos 2%
Chevron
Shops & Services
70,722 visits/mo
0.1 miles
McDonald's
Dining
63,105 visits/mo
0.2 miles
Shell
Shops & Services
53,248 visits/mo
0.5 miles
Taco Bell
Dining
16,252 visits/mo
0.2 miles
Tesla Motors
Shops & Services
8,288 visits/mo
0.5 miles
Demographics for 93210, CA
18,581
Population
4,883
Households
3.8
Avg Household Size
34
Median Age
12%
College-Educated
68%
High-School Grad
775.4 sq mi
ZIP Area
24
Density / Sq Mi
$77,850
Median Household Income
$36,583
Median Earnings
$1,034
Median Rent
$258,300
Median Home Value
Market
Vacancy Rate% for Retail 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?
Drive through restaurant - Vacant restaurant with drive-thru on a large lot for sale.
Where is this drive through restaurant located?
The property is located at 25014 W Dorris Ave Coalinga, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Highly visible corner location with direct I‑5 and HWY‑198 visibility.; ±2,520 SF vacant freestanding restaurant building on ±1.01 acres with a large fully paved parking lot.; All restaurant and kitchen equipment included in the sale (drive‑thru, walk‑in freezers/refrigerators, burners, ovens, fryers, sinks, tables, chairs, etc.).
