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Oakhurst Mixed-Use Development Opportunity
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40843 CA-41, Oakhurst, CA 93644

Two buildings on 0.94 acres, ideal for owner-user or development.

Property Size3,450 SF
Lot Size0.94 Acres
Price / SF$159.42
Days on Market964

Property Features for 40843 CA-41

General Information

Standard status Active
Size 3,450 SF
Lot size 0.94 Acres
Property subtype Retail
Zoning CRM - Commercial, Rural, Median District
Lease Type Modified Gross

Building Details

Buildings 2
Listing Agency: C21 Commercial
Listed By: Jared Ennis · License #CA
Source: Crexi
Added: Feb 23, 2024 Changed: Oct 3 Last Checked: Oct 12 at 8:17PM

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 C21 Commercial

Investment Insights

Based on property information with market context.

This mixed-use property in Oakhurst, CA, presents an owner-user or development opportunity. It features two freestanding buildings totaling approximately 3,450 square feet on a 0.94-acre lot. The site includes an approximately 1,450-square-foot retail building on an upper lot of approximately 22,160 square feet, and an approximately 2,000-square-foot office/warehouse building on a lower lot of approximately 18,787 square feet. The flex building offers a wide-open area with two private restrooms, a large warehouse, and a covered front overhang. The rear office/warehouse building includes an approximately 500-square-foot office with a full restroom and shower, and an approximately 1,500-square-foot wide-open warehouse. The property is zoned CRM, making it suitable for a brew house. It is associated with the Cal Water District and features a septic tank. The property is strategically located along Highway 41, offering easy access and visibility.

Key Highlights

  • Mixed‑use property with two freestanding buildings totaling ±3,450 SF on a large 0.94‑acre lot
  • Strategically located along Highway 41, providing excellent access and high visibility
  • CRM zoning designation, ideally suited for a brew house or similar ventures

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,182
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,640 $1.0M
Cap Rate 7%
$716,886 $716.9K
Cap Rate 9%
$557,578 $557.6K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$63.8K $18.48/SF
− Vacancy
−$4.7K −$1.37/SF
EGI
$59.0K $17.11/SF
− OpEx
−$8.9K −$2.57/SF
NOI
$50.2K $14.55/SF
Area
Madera County, CA
Vacancy
7.40%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,640
Cap Rate 7%
$716,886
Cap Rate 9%
$557,578

Alternative Uses

Best Use
Office B
$1.13M
$985.4K – $1.31M (±1% cap)
NOI $78,829 @ 7.0% cap · market cap 14.33%
Second Best
Retail
$1.01M
$881.3K – $1.18M (±1% cap)
NOI $70,507 @ 7.0% cap · market cap 12.82%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,459 @ 7.0% cap · market cap 16.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings on 0.94 acres, ideal for owner-user or development.
Where is this mixed-use property located?
The property is located at 40843 CA-41 Oakhurst, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Mixed‑use property with two freestanding buildings totaling ±3,450 SF on a large 0.94‑acre lot; Strategically located along Highway 41, providing excellent access and high visibility; CRM zoning designation, ideally suited for a brew house or similar ventures
(559) 432-5533 Call to check price and availability
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