Single-Story Professional Office
For Sale
Contact for pricing
4042 S Demaree St, Visalia, CA 93277
A single-story professional office building built in 2004, located on S. Demaree Street with convenient nearby freeway access.
Property Size2,088 SF
Price / SF$250
Days on Market175
Property Features for 4042 S Demaree St
General Information
Standard status
Active
Size
2,088 SF
Property subtype
Office
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2004
Stories
1
Listing Agency:
Colliers - Fresno, California
Listed By:
Beau Plumlee · License #CA 01269167
(559) 256-2443
Source:
Crexi
Added: Mar 20
Changed: Sep 8
Last Checked: Sep 10 at 6:34AM
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 Colliers - Fresno, California
Investment Insights
Based on property information with market context.
This single-story professional office building was built in 2004 and offers 2,088 square feet of flexible office space. The owner-user configuration provides a straightforward setup for an organization looking for an established workplace in a dedicated building.
The property is located on busy S. Demaree Street in Southwest Visalia, with nearby retail, restaurants, and services. It is just under 2.5 miles from CA-198 and less than 3 miles from Highway 99, supporting convenient commuting and access.
For businesses seeking a well-situated professional office with established improvements, this property offers a compact footprint and a clear owner-user fit.
The property is located on busy S. Demaree Street in Southwest Visalia, with nearby retail, restaurants, and services. It is just under 2.5 miles from CA-198 and less than 3 miles from Highway 99, supporting convenient commuting and access.
For businesses seeking a well-situated professional office with established improvements, this property offers a compact footprint and a clear owner-user fit.
Key Highlights
- Single‑story professional office building totaling 2,088 sq ft
- Built in 2004 and located on S. Demaree Street
- Just under 2.5 miles from CA‑198
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
$33,033
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
6.33%
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%
$660,660
$660.7K
Cap Rate 7%
$471,900
$471.9K
Cap Rate 9%
$367,033
$367.0K
Market Conditions
NOI Build-Up for 2,088 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
$55.1K $26.40/SF
− Vacancy
−$11.1K −$5.31/SF
EGI
$44.0K $21.09/SF
− OpEx
−$11.0K −$5.27/SF
NOI
$33.0K $15.82/SF
Area
Visalia, CA
Vacancy
20.10%
Lease Rate
$26.40 /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%
$660,660
Cap Rate 7%
$471,900
Cap Rate 9%
$367,033
Alternative Uses
Best Use
Office B
$471.9K
$412.9K – $550.6K
NOI $33,033 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$572.0K
$500.5K – $667.3K
NOI $40,039 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Demographics for 93277, CA
53,196
Population
19,434
Households
2.7
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,350
Density / Sq Mi
$79,532
Median Household Income
$43,555
Median Earnings
$1,406
Median Rent
$320,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - A single-story professional office building built in 2004, located on S. Demaree Street with convenient nearby freeway access.
Where is this office building located?
The property is located at 4042 S Demaree St Visalia, CA.
What is the asking price?
The asking price for this property is $522,000.
What are key features of this property?
This property features: Single‑story professional office building totaling 2,088 sq ft; Built in 2004 and located on S. Demaree Street; Just under 2.5 miles from CA‑198
