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    Sherwood Way Madera, CA 93638

    For Sale
    $550,000

    ±1.59 Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This ±1.59-acre commercial land parcel in Madera, CA, presents a prime development opportunity. Located at the northeast corner of Country Club Drive and West Sherwood Way, this rectangular lot boasts a highly visible location within Madera's major retail area, adjacent to national retailers like DD's Discounts, 99 Cents Only Stores, and O'Reilly Auto Parts. The property is zoned C-2 Commercial, offering flexibility for various uses including retail, office, or commercial developments. All utilities (water, sewer, gas, electricity) are readily available on-site, along with existing curb, gutter, and sidewalk infrastructure. The strategic location benefits from exceptional daily traffic counts, with approximately 1,173,766 vehicles passing nearby on Country Club Drive, CA-99, and Cleveland Avenue. Easy access to Highway 99 provides convenient connectivity to Fresno, Merced, Visalia, and other major California cities. The property's proximity to the Highway 99 overpass further enhances its visibility and accessibility for travelers and commuters. Potential uses include retail strip centers, big-box stores, fast-food restaurants, fuel stations, hotels, supermarkets, restaurants, and vehicle sales. The parcel is offered for sale, with options for ground lease, lease with option, or seller financing considered. The average household income within a 5-mile radius is $64,951. APN: 003-210-026.

    Property Features for 0 Sherwood Way

    General Information

    Property type
    Farms
    Lot Size
    69,260 SF

    HighLights

    • ±1.59 Acres of Commercially Zoned Vacant Land
    • High‑visibility, shovel‑ready rectangular parcel in Madera, CA's major retail area
    • Prime location with Sherwood Way access; all utilities available
    • Exceptional daily traffic counts exceeding 1,173,766 vehicles
    • Near existing and planned developments, with excellent Highway 99 access
    • High visibility from major roadways, benefiting from significant north and southbound traffic
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madera
    County
    Madera
    State
    California
    Longitude
    -120.0735872
    Latitude
    36.9770325

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    FAQs

    What type of property is this?
    Farm - ±1.59 Acres, C-2 Zoning, High Traffic
    Where is this farm located?
    The property is located at Sherwood Way Madera, CA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: ±1.59 Acres of Commercially Zoned Vacant Land; High-visibility, shovel-ready rectangular parcel in Madera, CA's major retail area; Prime location with Sherwood Way access; all utilities available
    Request Owner's contact information
    Sherwood Way Madera, CA 93638
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    Sherwood Way
    Madera, CA 93638
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Sherwood Way Madera, CA 93638
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