32588 Hwy 190 Springville, CA
Government-guaranteed, occupied US Ranger Station with recent remodel/expansion.
Property Features for 32588 Hwy 190
General Information
- Standard status
- Active
- Size
- 9,203 SF
- Lot size
- 4.32 Acres
- Property subtype
- OFFICE
Listing office KW Commercial | Central California (559) 705-1000
Listing date Nov 25, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- Government Guaranteed Lease: Secure income stream from a US Ranger Station.
- Long‑Term Occupancy: Benefit from a 13‑year lease, ensuring stability.
- Modified‑Net Lease: Limits landlord responsibilities.
Local Financial Insights For Office B
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 | $184.4k | $20.04 |
| − Vacancy | −$31.4k | −$3.41 |
| EGI | $153.1k | $16.63 |
| − OpEx | −$38.3k | −$4.16 |
| NOI | $114.8k | $12.47 |
