Building Details

Year Built 1998

Buildings 1

Listing Agency: C21 Commercial

Listed By: Jared Ennis · License #CA Show Phone

Source: Crexi

Added: Oct 15, 2021 Changed: Oct 3 Last Checked: Oct 12 at 6:41PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C21 Commercial

Investment Insights

Based on property information with market context.

This is a vacant freestanding restaurant building featuring approximately 2,520 square feet of space, situated on a lot of approximately 1.01 acres. The property includes a large, fully paved parking lot and a drive-thru. The sale encompasses all existing restaurant and kitchen equipment, including walk-in freezers and refrigerators, burners, ovens, fryers, sinks, tables, and chairs, along with all fixtures, furnishings, and equipment. The property benefits from a highly visible corner location with direct visibility from I-5 and HWY-198, making it a convenient resting spot for travelers and commuters heading to and from destinations such as Yosemite National Park, San Francisco, Santa Cruz, Monterey, Carmel, Hearst Castle, Pismo Beach, Santa Barbara, and Los Angeles. The intended use of the property is for restaurant purposes.

Key Highlights

• Highly visible corner location with direct I‑5 and HWY‑198 visibility.
• ±2,520 SF vacant freestanding restaurant building on ±1.01 acres with a large fully paved parking lot.
• All restaurant and kitchen equipment included in the sale (drive‑thru, walk‑in freezers/refrigerators, burners, ovens, fryers, sinks, tables, chairs, etc.).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,898

Cap Rate

4.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$697,960 $698.0K

Cap Rate 7%

$498,543 $498.5K

Cap Rate 9%

$387,756 $387.8K

Market Conditions

NOI Build-Up for 2,520 SF

Gross rent

$49.3K $19.56/SF

− Vacancy

−$2.8K −$1.10/SF

EGI

$46.5K $18.46/SF

− OpEx

−$11.6K −$4.62/SF

NOI

$34.9K $13.85/SF

Area

Fresno County, CA

Vacancy

5.60%

Lease Rate

$19.56 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$697,960

Cap Rate 7%

$498,543

Cap Rate 9%

$387,756

Alternative Uses

Best Use

Specialty Retail

$498.5K

$436.2K – $581.6K (±1% cap)

NOI $34,898 @ 7.0% cap · market cap 4.11%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$714.2K

$625.0K – $833.3K (±1% cap)

NOI $49,996 @ 7.0% cap · market cap 5.88%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store Restaurant Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

61

Businesses Nearby

230k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 58% Dining 41% Hotels & Casinos 2%

Chevron Shops & Services

70,722 visits/mo 0.1 miles

McDonald's Dining

63,105 visits/mo 0.2 miles

Shell Shops & Services

53,248 visits/mo 0.5 miles

Taco Bell Dining

16,252 visits/mo 0.2 miles

Tesla Motors Shops & Services

8,288 visits/mo 0.5 miles

Demographics for 93210, CA

18,581

Population

4,883

Households

3.8

Avg Household Size

34

Median Age

12%

College-Educated

68%

High-School Grad

775.4 sq mi

ZIP Area

24

Density / Sq Mi

$77,850

Median Household Income

$36,583

Median Earnings

$1,034

Median Rent

$258,300

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this drive through restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Vacant restaurant with drive-thru on a large lot for sale.

Where is this drive through restaurant located?

The property is located at 25014 W Dorris Ave Coalinga, CA.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Highly visible corner location with direct I‑5 and HWY‑198 visibility.; ±2,520 SF vacant freestanding restaurant building on ±1.01 acres with a large fully paved parking lot.; All restaurant and kitchen equipment included in the sale (drive‑thru, walk‑in freezers/refrigerators, burners, ovens, fryers, sinks, tables, chairs, etc.).