Single-Story
516 N Gateway Drive Madera, CA 93637
516 N Gateway Drive, Madera, CA, 93637
$479,000
For Sale
$479,000
Versatile single-story shop/warehouse with drive-in loading, open interior, and 3-phase power on a fenced lot.
Property Size3,000 SF
Lot Size0.17 Acres
Price / SF$159.67
Days on Market187
Property Features for 516 N Gateway Drive
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.17 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1975
Listing agency
Real Estate eBroker, Inc
(760) 722-3222
Listed by
Patrick Bankston · License #01944525
Source
Xome
Added: Jan 16 Updated: Jul 22 at 6:36AM Checked: Jul 22 at 6:36AM
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 Real Estate eBroker, Inc
Investment Insights
Based on property information with market context.
Single-story shop/warehouse offering an open interior layout with concrete perimeter flooring and 22–25 ft ceiling height. The building includes one restroom and central gas heat, along with a newer electrical panel and 3-phase power. Drive-in/loading access is available from both the front and rear, supporting practical day-to-day receiving and operations.
The property is situated near downtown Madera with strong frontage and convenient access. Exterior space includes a rear yard with storage options and gated alley access, along with chain-link fencing for secured outdoor use. The site is served by city water and city sewer, with an individual electric meter (buyer to verify). The property is also plumbed for air and includes a commercial air compressor (buyer to verify).
This facility provides a flexible base for a range of commercial uses (buyer to verify zoning, permits, and intended use with the City of Madera).
The property is situated near downtown Madera with strong frontage and convenient access. Exterior space includes a rear yard with storage options and gated alley access, along with chain-link fencing for secured outdoor use. The site is served by city water and city sewer, with an individual electric meter (buyer to verify). The property is also plumbed for air and includes a commercial air compressor (buyer to verify).
This facility provides a flexible base for a range of commercial uses (buyer to verify zoning, permits, and intended use with the City of Madera).
Key Highlights
- Single‑story shop/warehouse with an open interior layout and drive‑in/loading access at the front and rear
- Approximately 3,000 SF building on a lot of approximately 7,405–7,500 SF (buyer to verify)
- Central gas heat, concrete perimeter flooring, and approximately 22–25 ft ceiling height
Local Financial Insights For Industrial
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 | $55.4k | $18.48 |
| − Vacancy | −$444 | −$0.15 |
| EGI | $55.0k | $18.33 |
| − OpEx | −$16.5k | −$5.50 |
| NOI | $38.5k | $12.83 |
3,000 SF · lease $18.48/SF/yr · vacancy 0.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$550.0K
$481.2K – $641.6K
NOI $38,498 @ 7.0% cap · market cap 8.04%
Second Best
Flex RnD
$511.8K
$447.8K – $597.1K
NOI $35,826 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,269 @ 7.0% cap · market cap 16.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fit store
Accounting Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile single-story shop/warehouse with drive-in loading, open interior, and 3-phase power on a fenced lot.
Where is this flex space located?
The property is located at 516 N Gateway Drive Madera, CA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Single‑story shop/warehouse with an open interior layout and drive‑in/loading access at the front and rear; Approximately 3,000 SF building on a lot of approximately 7,405–7,500 SF (buyer to verify); Central gas heat, concrete perimeter flooring, and approximately 22–25 ft ceiling height
