Riverfront Mixed-Use
41849 Sierra Drive, Three Rivers, CA 93271
For Sale
$650,000
Three office suites and a one-bedroom apartment share a C-2-zoned commercial property.
Property Size2,600 SF
Price / SF$250
Days on Market15
Property Features for 41849 Sierra Drive
General Information
Standard status
Size
Zoning
Building Details
Buildings
Tenancy
Listing Agency:
Sierra Real Estate
(559) 561-1900
Listed By:
David A Learned · License CA #00990588
(559) 280-0704
Source:
Exprealty
Added: Oct 30
Changed: Nov 12
Last Checked: Nov 12 at 2:23PM
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 Sierra Real Estate
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Investment Insights
Based on property information with market context.
At 41849 Sierra Drive, this mixed-use building contains three office units and a one-bedroom apartment that can also serve as owner’s quarters. The property totals 2,600 square feet, and its C-2 zoning supports a range of uses.
The building is on the Kaweah River and is a short drive from Sequoia National Park. A pharmacy, clinic, market, restaurants, brewery, and shops are within walking distance.
The building is on the Kaweah River and is a short drive from Sequoia National Park. A pharmacy, clinic, market, restaurants, brewery, and shops are within walking distance.
Key Highlights
- 2,600‑square‑foot riverfront commercial building on the Kaweah River
- Three office units plus a one‑bedroom apartment or owner’s quarters
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,325
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,500
$526.5K
Cap Rate 7%
$376,071
$376.1K
Cap Rate 9%
$292,500
$292.5K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$46.8K $18.00/SF
− Vacancy
−$4.7K −$1.80/SF
EGI
$42.1K $16.20/SF
− OpEx
−$15.8K −$6.07/SF
NOI
$26.3K $10.13/SF
Area
Tulare County, CA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,500
Cap Rate 7%
$376,071
Cap Rate 9%
$292,500
Alternative Uses
Best Use
Mixed Use
$376.1K
$329.1K – $438.8K
NOI $26,325 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$789.8K
$691.0K – $921.4K
NOI $55,283 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 93271, CA
1,930
Population
1,441
Households
1.3
Avg Household Size
56
Median Age
54%
College-Educated
98%
High-School Grad
152.4 sq mi
ZIP Area
13
Density / Sq Mi
$83,810
Median Household Income
$70,524
Median Earnings
$1,626
Median Rent
$457,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three office suites and a one-bedroom apartment share a C-2-zoned commercial property.
Where is this mixed-use property located?
The property is located at 41849 Sierra Drive Three Rivers, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,600‑square‑foot riverfront commercial building on the Kaweah River; Three office units plus a one‑bedroom apartment or owner’s quarters; C‑2 zoning
