Commercial-Zoned Retail
315 W Mariposa W Fowler, CA 93625
315 W Mariposa W, Fowler, CA, 93625
$230,000
For Sale
$230,000
Old commercial-zoned house on Highway 99 in Fowler, suitable for conversion to a business location.
Property Size1,114 SF
Price / SF$206.46
Days on Market158
Property Features for 315 W Mariposa W
General Information
- Standard status
- Active
- Size
- 1,114 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1930
Listing agency
Great American Realty
(559) 284-4436
Listed by
Nirmal Ranu · License #01270977
(559) 284-4436
Source
Xome
Added: Feb 15 Updated: Jul 21 at 11:33PM Checked: Jul 22 at 3:53AM
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 Great American Realty
Investment Insights
Based on property information with market context.
For sale: an older commercial-zoned house at 315 W Mariposa W in Fowler, CA. The property is described as adaptable for commercial activity or a business, with an existing structure that can be brought up to fit a tenant’s needs.
The site is located right on Highway 99, providing direct access to a heavily traveled roadway.
This is a straightforward conversion-type commercial building opportunity for buyers looking to customize an existing structure for retail or other commercial use in Fowler.
The site is located right on Highway 99, providing direct access to a heavily traveled roadway.
This is a straightforward conversion-type commercial building opportunity for buyers looking to customize an existing structure for retail or other commercial use in Fowler.
Key Highlights
- Commercial‑zoned house (Zoning: C2) on Highway 99 in Fowler
- Year built: 1930
- 3 guest facilities noted in the interior features
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.8k | $19.56 |
| − Vacancy | −$1.2k | −$1.10 |
| EGI | $20.6k | $18.46 |
| − OpEx | −$6.2k | −$5.54 |
| NOI | $14.4k | $12.93 |
1,114 SF · lease $19.56/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$205.7K
$180.0K – $240.0K
NOI $14,399 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$315.7K
$276.3K – $368.4K
NOI $22,101 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Old commercial-zoned house on Highway 99 in Fowler, suitable for conversion to a business location.
Where is this retail space located?
The property is located at 315 W Mariposa W Fowler, CA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Commercial‑zoned house (Zoning: C2) on Highway 99 in Fowler; Year built: 1930; 3 guest facilities noted in the interior features