Warehouse with Sale
For Sale
$479,000
516 N Gateway Drive, Madera, CA 93637
Commercial, Madera, CA
Property Size3,000 SF
Lot Size0.17 Acres
Price / SF$159.67
Days on Market292
Property Features for 516 N Gateway Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Paved or Surfaced
Exterior features
Brick/Block
Directions
From the 4th street exit of 99 to the east to gateway, go left or north on Gateway property, which will be on the left side of the street between 2nd and 1st streets.
Subdivision
637
Standard status
Active
APN
006085002000
Size
3,000 SF
Lot size
0.17 Acres
Building Details
Year built
1975
Floors in Building
1
Listing Agency:
Real Estate eBroker, Inc.
Listed By:
Patrick Bankston
(760) 722-3222
Added: Jan 19
Changed: Nov 5
Last Checked: Nov 6 at 12:06PM
MLS# 642533
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This warehouse property is offered for sale in Madera, California. The facility totals 3,000 square feet and sits on a 0.17-acre lot, providing a compact footprint suitable for light industrial or storage uses consistent with a warehouse configuration.
The property is located at 516 N Gateway Drive in Madera (93637).
The property is located at 516 N Gateway Drive in Madera (93637).
Key Highlights
- Brick/block exterior construction
- Year built: 1975
- Paved or surfaced parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,637
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,740
$872.7K
Cap Rate 7%
$623,386
$623.4K
Cap Rate 9%
$484,856
$484.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$55.4K $18.48/SF
− Vacancy
−$4.1K −$1.37/SF
EGI
$51.3K $17.11/SF
− OpEx
−$7.7K −$2.57/SF
NOI
$43.6K $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%
$872,740
Cap Rate 7%
$623,386
Cap Rate 9%
$484,856
Alternative Uses
Best Use
Warehouse
$623.4K
$545.5K – $727.3K
NOI $43,637 @ 7.0% cap · market cap 9.11%
Second Best
—
—
no second resolved use
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,084
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93637, CA
40,202
Population
12,918
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
70%
High-School Grad
280.4 sq mi
ZIP Area
143
Density / Sq Mi
$74,621
Median Household Income
$36,057
Median Earnings
$1,345
Median Rent
$369,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Madera County, CA
Properties on Market for Warehouses in Madera County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Self Storage — 1009 Sonora St, Madera, CA 93638
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property for sale in Madera, California, totaling 3,000 square feet on a 0.17-acre lot.
Where is this warehouse 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: Brick/block exterior construction; Year built: 1975; Paved or surfaced parking
