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    40291 Junction Dr Oakhurst, CA 93644

    Sponsored
    For Sale
    $362,000

    Prime Retail Center, 5 Units, CA

    Property size:
    4,906 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,906 square foot shopping center in Oakhurst, California, presents a compelling investment opportunity. Located at 40291 Junction Drive, this property boasts a prime location at a major commercial intersection within the Grocery Outlet shopping center, ensuring high visibility and accessibility. The center comprises five suites, with two currently leased, generating immediate income for the new owner. Suite sizes vary, ranging from 701 square feet to 1,543 square feet, offering flexibility for both occupancy and leasing. Two vacant suites (1,024 SF and 924 SF) provide immediate potential for increased rental income. The existing tenants include a law office and a hair salon. The asking price is $362,000, translating to $73.79 per square foot. This well-maintained property is priced to sell and represents a strong return on investment. The property's address is 40291 Junction Dr, Oakhurst, CA 93644, and the Assessor's Parcel Number (APN) is 064-071-034-000. This is an excellent opportunity to acquire a profitable retail property in a thriving California market.

    Property Features for 40291 Junction Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    4,906 SF

    Building Details

    Units
    5
    Property Profile Location Intelligence

    Current Use by Public Records

    EASTERN MADERA COUNTY ... Association / Organization Richard L Regert ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakhurst
    County
    Madera
    State
    California
    Longitude
    -119.65774
    Latitude
    37.3339355

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Center, 5 Units, CA
    Where is this lifestyle center located?
    The property is located at 40291 Junction Dr Oakhurst, CA.
    What is the asking price?
    The asking price for this property is $362,000.
    Request Owner's contact information
    40291 Junction Dr Oakhurst, CA 93644
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    Oakhurst, CA 93644
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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
    40291 Junction Dr Oakhurst, CA 93644
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