75 W Olive Ave, Woodville, CA 93257
Value-add office investment with income upside in an under-built market.
- Added:
- Mar 3, 2020
- Days on Market:
- 2280
- Last Refresh:
- May 20 at 8:14 pm
Property Features for 75 W Olive Ave
General Information
- Standard status
- Active
- Size
- 13,000 SF
- Lot size
- 0.69 Acres
- Property subtype
- Retail
Spaces For Lease
at 75 W Olive Ave Contact usListing agent Jared Ennis License #CA
Listing office C21 Commercial (559) 359-4035
Listing date Mar 3, 2020
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of C21 Commercial
HighLights
- Significant value‑add opportunity to increase gross annual income to a stabilized $197,428 within 6‑12 months.
- High potential return with an 11.12% proforma CAP rate and a 17.35% cash‑on‑cash return after stabilization.
- Freestanding building with ±13,000 SF of office space on ±0.692 AC, ideal for general, professional, or medical use.
- Flexible configurations ranging from ±822 - 6,879 SF with the ability to combine spaces.
- Well‑maintained with recent upgrades including new paint, VCT flooring, LED lighting, newer HVAC units, quality roof, new baseboards, and new doors/hardware.
- Ample parking, excellent signage, great visibility, and quick access to CA‑65 ramps.
Overview
Current Use by Public Records
Map
- City
- Woodville
- County
- Tulare
- State
- California
- Longitude
- -118.966
- Latitude
- 36.0318