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    258 Pine St Exeter, CA 93221

    Sponsored
    For Sale
    $450,000

    Prime Exeter storefront, 3,000 sq ft.

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional owner-user or investment opportunity presents a freestanding retail building in Exeter, CA, totaling approximately 3,000 square feet on a 0.17-acre lot (approximately 7,414 square feet). Located at 258 W Pine St, 93221, this property boasts three units, offering flexible configurations ranging from approximately 1,000 to 2,100 square feet, with the potential to combine spaces for larger tenants via existing connecting doors. Each unit features a wide-open area, a storage room, and private restrooms. Currently, one unit is occupied, and two are available for lease at a pro forma rate of $1.25 per square foot per month, generating a pro forma NOI of $30,664 and a 6.81% cap rate. The asking price is $450,000, translating to $150 per square foot. The property is zoned CS-Service Commercial and benefits from excellent visibility, ample street parking directly in front, and convenient access between CA-65 and CA-198, near major traffic generators on W Visalia Rd. This well-maintained building presents a strong investment opportunity in an underserved market with high demand for small retail spaces. The property's features include quality construction, economical spaces, and easy-to-rent units, requiring minimal management or maintenance. The property's APN is 135-101-013.

    Property Features for 258 Pine St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,000 SF
    Lot Size
    7,405 SF

    Building Details

    Units
    3

    HighLights

    • Freestanding retail building in Exeter, CA.
    • Owner‑user or investment opportunity.
    • Open retail space with restrooms and storage.
    • Strong SBA loan potential; existing barber shop provides passive income.
    • High visibility and ample on‑site parking.
    • Convenient location between CA‑65 and CA‑198 freeways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Exeter Mercantile Co Hardware Store ace hardware Hardware Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Exeter
    County
    Tulare
    State
    California
    Longitude
    -119.144238
    Latitude
    36.2949723

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    Nearby Similar for Sale

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      Exeter Multifamily Property with Income Potential

      Two units on one lot, great investment or owner-occupancy opportunity.
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      Freestanding Retail Building Investment

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    FAQs

    What type of property is this?
    Individual retail property - Prime Exeter storefront, 3,000 sq ft.
    Where is this individual retail property located?
    The property is located at 258 Pine St Exeter, CA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Freestanding retail building in Exeter, CA.; Owner-user or investment opportunity.; Open retail space with restrooms and storage.
    Request Owner's contact information
    258 Pine St Exeter, CA 93221
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    Exeter, CA 93221
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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
    258 Pine St Exeter, CA 93221
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