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14683 Rd Poplar-Cotton Center, CA 93257

For Sale
$250,000

5,600 SF, 2 Buildings, High Potential

Property size:
5,600 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional value-add opportunity presents two buildings situated on two separate parcels (APN 237-124-005-000, 237-124-006) totaling approximately 5,600 square feet in Poplar, CA (93257). The property, zoned C-3 Commercial, includes a ±3,600 square foot commercial building, previously used as an open retail space, and a ±2,000 square foot residential unit/apartment. The apartment has recently commanded $700 per month in rent. Both buildings boast separate electric meters and offer ample parking with mature landscaping. The commercial building features an open layout suitable for various commercial uses, private rooms, and multiple entrance points. High-speed internet and ethernet/phone connections are readily available. The property sits on a 0.379-acre lot with road frontage on Road 192, providing excellent visibility and accessibility. This property is an ideal owner-user opportunity with built-in passive income, or a strong investment prospect, potentially qualifying for an SBA loan. The asking price is $250,000, representing a pro-forma cap rate of 7.63% and a pro-forma NOI of $19,075. The price per square foot is $44.64. The property's location in a central area of town, combined with its versatile configuration and potential for increased rental income, makes it a compelling investment. The open lot offers potential for expansion or additional parking.

Property Features for 14683 Rd

General Information

Property type
Churches & religious facilities
Square Feet
5,600 SF
Lot Size
16,509 SF

Building Details

Buildings
2
Stories
1
Units
2

HighLights

  • 3,600 SF retail/office space plus 2,000 SF residential unit.
  • Excellent owner‑user or investment opportunity with passive income potential.
  • SBA loan eligible with built‑in passive income stream.
  • Significant upside potential through increased leasing or owner‑occupancy.
  • Prominent freestanding building with separate utilities.
  • Versatile layout featuring open space, private offices, and multiple entrances.
Property Profile Location Intelligence

Current Use by Public Records

Churches & religious facilities

Map

City
Poplar-Cotton Center
County
Tulare
State
California
Longitude
-119.1435618
Latitude
36.0564188

FAQs

What type of property is this?
Church & religious facility - 5,600 SF, 2 Buildings, High Potential
Where is this church & religious facility located?
The property is located at 14683 Rd Poplar-Cotton Center, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3,600 SF retail/office space plus 2,000 SF residential unit.; Excellent owner-user or investment opportunity with passive income potential.; SBA loan eligible with built-in passive income stream.
More about this property
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