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    201 E St Lemoore, CA 93245

    For Sale
    $675,000

    7,352 SF Storefront, High Visibility

    Property size:
    7,352 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This ±7,352 square foot freestanding retail building in Lemoore, CA, presents a compelling owner-user or investment opportunity. Located on a ±0.172-acre lot at 201 E St (APN 020-053-017), this property boasts a prime corner location with exceptional visibility and easy access from CA-198. The building features a ±1,076 square foot storefront currently leased to a tenant at $1,300 per month under a modified lease agreement, and a substantial ±6,276 square foot rear space ideal for owner-occupancy or leasing. The DMX-1 zoning allows for versatile use. An adjacent ±15,347 square foot industrial warehouse space is also available for purchase, offering significant expansion potential. This combined property offers a unique opportunity to own a high-visibility location in a thriving market with limited competition. The property benefits from ample street parking, easy access to major transportation corridors, and proximity to Amtrak Thruway 18. Situated in Lemoore's commercial service Enterprise Zone, this location offers strong potential for both immediate income and long-term appreciation. The property's excellent condition, quality construction, and economical spaces make it an attractive investment, particularly for those seeking an owner-user opportunity or a diversified portfolio addition. The asking price is $675,000. This property is a great SBA loan candidate with a 10% down payment.

    Property Features for 201 E St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,352 SF
    Lot Size
    7,492 SF

    HighLights

    • Owner‑user or investment opportunity in Lemoore, CA.
    • Adjacent ±15,347 SF industrial warehouse available for purchase.
    • ±16,276 SF rear space for owner‑occupancy or leasing.
    • Existing tenant in ±1,076 SF storefront paying $1,300/month.
    • ±7,352 SF freestanding retail/mixed‑use building on a ±0.17‑acre corner lot.
    • Prime location with limited competition in a strategic trade area.
    Property Profile Location Intelligence

    Current Use by Public Records

    R & J Automotive ... Auto Machine Shop Boba Island Sushi Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lemoore
    County
    Kings
    State
    California
    Longitude
    -119.78361097561
    Latitude
    36.303117418546

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    FAQs

    What type of property is this?
    Individual retail property - 7,352 SF Storefront, High Visibility
    Where is this individual retail property located?
    The property is located at 201 E St Lemoore, CA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Owner-user or investment opportunity in Lemoore, CA.; Adjacent ±15,347 SF industrial warehouse available for purchase.; ±16,276 SF rear space for owner-occupancy or leasing.
    Request Owner's contact information
    201 E St Lemoore, CA 93245
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    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

    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
    201 E St Lemoore, CA 93245
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