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    25 Polk St Coalinga, CA 93210

    Sponsored
    For Lease
    Contact for pricing

    Prime Coalinga retail space, multiple units available.

    Lot size:
    160,583 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    406
    This exceptional retail opportunity is located at 25 W. Polk Street in Coalinga, California, 93210, in Fresno County. The property boasts a highly visible location at a signalized intersection in the heart of town, ensuring maximum exposure for your business. The site encompasses 7.75 acres (APN: 083-080-60S) and offers a total of three available retail spaces, ranging in size from 21,780 square feet to 100,035 square feet. The flexible space allows for a variety of uses and configurations to suit your specific needs. The owner is motivated and willing to consider dividing the property to accommodate individual tenant requirements. This presents a unique chance to establish a presence in a thriving community. Coalinga has a population exceeding 17,500, with the nearby town of Avenal (18 miles away) adding another 14,000+ potential customers. This prime location, combined with the motivated seller and flexible space options, makes this an unparalleled investment opportunity in a growing market. The property is situated just east of W. Elm Avenue, providing easy access and high visibility. Don't miss this chance to secure your place in the vibrant Coalinga retail landscape.

    Property Features for 25 Polk St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,583 SF

    Unit(s) available at that property

    Space
    PAD C
    Size
    38,768 SF
    Space
    Size
    100,035 SF
    Space
    PAD A
    Size
    21,780 SF

    We can help!

    Listing Contact
    Rick Amerine
    Rick Amerine

    Learn more

    Property Insight Report

    HighLights

    • Owner will consider dividing the property to accommodate individual tenants.
    • Motivated seller.
    • High‑visibility location in downtown Coalinga at a signalized intersection.
    • 7.75‑acre site with three available retail spaces ranging from 21,780 to 100,035 square feet.
    • Coalinga population: 17,500+; Avenal population (18 miles away): 14,000+.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tractor Supply Co. Home Improvement Store Ross Dress for Less Clothing Store Shoreline Pallets Inc. Pallet Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Coalinga
    County
    Fresno
    State
    California
    Longitude
    -120.362827
    Latitude
    36.134793

    Nearby Comparable

    • $12 SF/Yr
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      25 Polk St, Coalinga, CA 93210
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    Nearby Similar for Lease

    • $2,000 /Mo
      1,700 SF

      Functional Office Space Available

      Professional office space for lease with functional layout.
      192 E Elm Ave, Coalinga, CA 93210
      View Details
    • $675,000
      4,111 SF

      Adaptable Retail Space Available

      Versatile 4,111 SF retail property suitable for various businesses.
      286 Coalinga Plz, Coalinga, CA
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space in Coalinga Center

      Retail space available in grocery and drug store anchored center.
      139-203 Polk St, Coalinga, CA 93210
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Coalinga retail space, multiple units available.
    Where is this retail property located?
    The property is located at 25 Polk St Coalinga, CA.
    What are key features of this property?
    This property features: Owner will consider dividing the property to accommodate individual tenants.; Motivated seller.; High-visibility location in downtown Coalinga at a signalized intersection.
    Request Owner's contact information
    25 Polk St Coalinga, CA 93210
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    Coalinga, CA 93210
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    25 Polk St Coalinga, CA 93210
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    We can help!
    Listing Contact
    Rick Amerine
    Rick Amerine
    Real Estate License ID: CA 00551583
    Learn more
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