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    Daphne Ln Lemoore, CA 93245

    Sponsored
    For Sale
    $1,900,000

    Prime Lemoore location, mixed-use zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two parcels totaling approximately 4.58 acres of land in Lemoore, California, available for sale individually or together. Parcel 1, situated at the northwest corner of D Street and Daphne Lane, encompasses approximately 3.49 acres. Parcel 2, located on the east side of Daphne Lane just north of D Street, comprises approximately 1.09 acres. Both parcels boast convenient access to existing sewer and water infrastructure, along with completed storm drain infrastructure and curb and gutter. The property's Mixed-use zoning permits a variety of commercial uses, including small-scale retail, restaurants, and professional offices, fostering a pedestrian-friendly environment. The location is highly desirable, situated at a main north entrance to Lemoore, with a Daphne Lane extension planned to connect to North Lemoore. The area is experiencing significant growth fueled by the new F-35 Strike Squadron. A 2006 Tentative Parcel Map (TPM) approved development for a hotel and retail strip mall further underscores the potential. The asking price is $1,900,000, translating to approximately $9.50 per square foot. Seller financing may be considered. Utilities are in place, and the site benefits from neighboring new development. Contact the City of Lemoore Planning Department for detailed zoning information.

    Property Features for 0 Daphne Ln

    General Information

    Property type
    Land
    Lot Size
    47,480 SF

    HighLights

    • Seller financing considered.
    • Two parcels (3.49 acres & 1.09 acres) available individually or together.
    • Main north Lemoore entrance location.
    • Planned Daphne Lane extension connecting to North Lemoore.
    • High‑visibility intersection frontage.
    • Mixed‑use zoning allows retail, restaurants, and offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lemoore
    County
    Kings
    State
    California
    Longitude
    -119.76926631491
    Latitude
    36.308417213956

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    FAQs

    What type of property is this?
    Land - Prime Lemoore location, mixed-use zoning.
    Where is this land located?
    The property is located at Daphne Ln Lemoore, CA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Seller financing considered.; Two parcels (3.49 acres & 1.09 acres) available individually or together.; Main north Lemoore entrance location.
    (559) 447-6274
    Request Owner's contact information
    Daphne Ln Lemoore, CA 93245
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Daphne Ln Lemoore, CA 93245
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