Service Commercial Flex
505 N Burke Street Unit 507 Visalia, CA 93292
For Sale
$1,000,000
Service commercial building offers storefront showroom/office space plus rear fenced paved yard and multiple roll-up doors.
Property Size6,400 SF
Lot Size0.46 Acres
Price / SF$156.25
Days on Market178
Property Features for 505 N Burke Street Unit 507
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Lot size
- 0.46 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1972
Listing Agency:
(559) 625-2128
Listed By:
Zeeb Commercial Real Estate
(559) 625-2128
Source:
Xome
Added: Jan 27
Changed: Jul 22
Last Checked: Jul 24 at 6:01AM
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 Zeeb Commercial Real Estate
Investment Insights
Based on property information with market context.
This service commercial flex property includes storefront showroom or office space and shop areas configured with multiple roll-up doors. The building is described as containing approximately 6,400 square feet and is arranged to support separate suites, with 2 units currently leased. One unit is noted as leased to a muffler shop on a long-term lease, and the other unit is described as a flooring company with its own showroom and shop area, including a roll-up door.
The property sits on a 20,000 square foot lot with six parking stalls in front and additional parking available in the rear yard. A fenced paved yard is included and shared/gated yard arrangements are referenced for the showroom/office portion.
The overall configuration combines customer-facing storefront space with back-of-house shop access, supported by three roll-up doors in the rear and fencing that helps define outdoor work areas.
The property sits on a 20,000 square foot lot with six parking stalls in front and additional parking available in the rear yard. A fenced paved yard is included and shared/gated yard arrangements are referenced for the showroom/office portion.
The overall configuration combines customer-facing storefront space with back-of-house shop access, supported by three roll-up doors in the rear and fencing that helps define outdoor work areas.
Key Highlights
- 6,400 SF service commercial shop with storefront showroom/office space plus rear fenced paved yard
- Multiple roll‑up doors: 3 roll‑up doors in back, including 4 roll‑up doors serving the shop area
- Two fully leased units: 505 N Burke (4,000 SF) muffler shop and 507 N Burke (2,400 SF) flooring co.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.2k | $21.60 |
| − Vacancy | −$7.7k | −$1.21 |
| EGI | $130.5k | $20.39 |
| − OpEx | −$39.1k | −$6.12 |
| NOI | $91.3k | $14.27 |
6,400 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.30M
$1.14M – $1.52M
NOI $91,349 @ 7.0% cap · market cap 9.13%
Second Best
Industrial
$904.6K
$791.5K – $1.06M
NOI $63,319 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$1.75M
$1.53M – $2.05M
NOI $122,726 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A & L Muffler & Auto ...
Auto Repair Shop
Mark's upholstery
Furniture & Home Goods
Similar Off Market Nearby
- The Untamed Chef — 1832 E Main St, Visalia, CA 93292
- Precision Prep — 625 W Murray Ave, Visalia, CA 93291
- The Painted Table — 525 W Main St Suite 120-1091, Visalia, CA 93291
- Lake Bottom Brewery & Distillery — 105 E Main St, Visalia, CA 93291
- Catering With Noel — 602 S Bridge St, Visalia, CA 93277
FAQs
What type of property is this?
Flex space - Service commercial building offers storefront showroom/office space plus rear fenced paved yard and multiple roll-up doors.
Where is this flex space located?
The property is located at 505 N Burke Street Unit 507 Visalia, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 6,400 SF service commercial shop with storefront showroom/office space plus rear fenced paved yard; Multiple roll‑up doors: 3 roll‑up doors in back, including 4 roll‑up doors serving the shop area; Two fully leased units: 505 N Burke (4,000 SF) muffler shop and 507 N Burke (2,400 SF) flooring co.
