Flex Space with Private
32975 Road 160, Ivanhoe, CA 93235
For Sale
$399,999
Commercial Sale, Ivanhoe, CA
Property Size3,200 SF
Lot Size0.16 Acres
Price / SF$124
Days on Market48
Property Features for 32975 Road 160
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Sewer type
Water source
Amenities
air conditioned private office
full restroom
Building Details
Year built
Roof type
Listing Agency:
Century 21 Select Real Estate · Century 21 Real Estate
(559) 733-9696
Listed By:
Rito Valero
(559) 280-6803
Added: Sep 24
Changed: Oct 2
Last Checked: Nov 10 at 10:06PM
MLS# 244316
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,200-square-foot flex property was built in 2006 and occupies a 0.16-acre parcel. Its interior includes an air-conditioned private office and a full bathroom. The building has a metal roof and has previously housed mechanic and feed businesses.
Public water and sewer serve the property.
Public water and sewer serve the property.
Key Highlights
- 3,200‑square‑foot flex property on a 0.16‑acre parcel
- Air‑conditioned private office and full bathroom
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,125
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,500
$562.5K
Cap Rate 7%
$401,786
$401.8K
Cap Rate 9%
$312,500
$312.5K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$46.1K $14.40/SF
− Vacancy
−$2.8K −$0.88/SF
EGI
$43.3K $13.52/SF
− OpEx
−$15.1K −$4.73/SF
NOI
$28.1K $8.79/SF
Area
Tulare County, CA
Vacancy
6.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,500
Cap Rate 7%
$401,786
Cap Rate 9%
$312,500
Alternative Uses
Best Use
Flex RnD
$401.8K
$351.6K – $468.8K
NOI $28,125 @ 7.0% cap · market cap 7.03%
Second Best
Industrial
$266.1K
$232.9K – $310.5K
NOI $18,630 @ 7.0% cap · market cap 4.66%
Theoretical Best
Specialty Retail
$972.0K
$850.5K – $1.13M
NOI $68,040 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93235, CA
4,651
Population
1,249
Households
3.7
Avg Household Size
31
Median Age
9%
College-Educated
50%
High-School Grad
4.1 sq mi
ZIP Area
1,134
Density / Sq Mi
$55,175
Median Household Income
$29,841
Median Earnings
$916
Median Rent
$234,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Tulare County, CA
Properties on Market for Flex space in Tulare County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- El Tri Raspados — 16018 Millwood Dr, Ivanhoe, CA 93235
Frequently Asked Questions
What type of property is this?
Flex space - A climate-controlled office and full bathroom add functional support to the building’s commercial space.
Where is this flex space located?
The property is located at 32975 Road 160 Ivanhoe, CA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 3,200‑square‑foot flex property on a 0.16‑acre parcel; Air‑conditioned private office and full bathroom; Built in 2006
