Remodeled Mixed-Use Commercial
For Sale
$425,000
40315 Junction Dr, Oakhurst, CA 93644
Remodeled office and retail space near the CA-41 and CA-49 intersection with association-supported common areas.
Property Size2,618 SF
Price / SF$162.34
Days on Market57
Property Features for 40315 Junction Dr
General Information
Standard status
Active
Size
2,618 SF
Additional Details
Cap Rate
7.37%
Building Details
Year Built
2006
Listing Agency:
Andrew Pence, Broker
Listed By:
Andrew P. Pence · License #02091912
(559) 908-5281
Source:
Exprealty
Added: Sep 1
Changed: Oct 25
Last Checked: Oct 26 at 7:40PM
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 Andrew Pence, Broker
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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 mixed-use commercial property combines office and retail functionality in a remodeled suite at 40315 Junction Dr. The building was constructed in 2006, and the offering includes ownership of the parking lot along with association-supported common areas for ongoing property operations.
The property is positioned in Oakhurst’s primary commercial corridor near the CA-41 and CA-49 intersection, with Grocery Outlet and daily-needs retail nearby. A proposed two-year seller lease is associated with an approximate 7.37% cap rate, providing a defined lease structure for consideration by prospective buyers.
The property is positioned in Oakhurst’s primary commercial corridor near the CA-41 and CA-49 intersection, with Grocery Outlet and daily-needs retail nearby. A proposed two-year seller lease is associated with an approximate 7.37% cap rate, providing a defined lease structure for consideration by prospective buyers.
Key Highlights
- Remodeled office and retail suite
- Constructed in 2006
- Near the CA‑41 and CA‑49 intersection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,071
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,420
$481.4K
Cap Rate 7%
$343,871
$343.9K
Cap Rate 9%
$267,456
$267.5K
Market Conditions
NOI Build-Up for 2,618 SF
Gross rent
$40.8K $15.60/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$38.5K $14.71/SF
− OpEx
−$14.4K −$5.52/SF
NOI
$24.1K $9.19/SF
Area
Madera County, CA
Vacancy
5.70%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,420
Cap Rate 7%
$343,871
Cap Rate 9%
$267,456
Alternative Uses
Best Use
Office B
$854.6K
$747.7K – $997.0K
NOI $59,819 @ 7.0% cap · market cap 14.08%
Second Best
Retail
$764.3K
$668.8K – $891.7K
NOI $53,503 @ 7.0% cap · market cap 12.59%
Theoretical Best
Office A
$1.01M
$886.5K – $1.18M
NOI $70,921 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
970
Businesses Nearby
Explore this area
Business Placement
Demographics for 93644, CA
7,751
Population
3,788
Households
2
Avg Household Size
52
Median Age
26%
College-Educated
91%
High-School Grad
117.1 sq mi
ZIP Area
66
Density / Sq Mi
$75,241
Median Household Income
$29,056
Median Earnings
$1,301
Median Rent
$378,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled office and retail space near the CA-41 and CA-49 intersection with association-supported common areas.
Where is this mixed-use property located?
The property is located at 40315 Junction Dr Oakhurst, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Remodeled office and retail suite; Constructed in 2006; Near the CA‑41 and CA‑49 intersection
