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    Freestanding Corner Office Building Title is generated by Realmo AI

    822 W Center Ave, Visalia, CA 93291

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    2,278 SF office building with month-to-month tenant.

    Type:Office
    Property size:
    2,278 SF
    Price / SF:
    $215/SF
    Added:
    Aug 18, 2022
    Days on Market:
    1419
    Last Refresh:
    Jul 4 at 8:29 am

    Property Features for 822 W Center Ave

    General Information

    Standard status
    Active
    Size
    2,278 SF
    Property subtype
    Office

    Building Details

    Year Built
    1973

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    Jared Ennis
    Jared Ennis

    Listing office C21 Commercial

    Listing date Aug 18, 2022

    Source Crexi

    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

    HighLights

    • Freestanding corner office building with ±2,278 SF.
    • Existing tenant provides immediate income of $950/month on a month‑to‑month lease.
    • Potential for SBA loan with 10% down.
    • Separate entrances allow for flexible use of front and rear spaces.
    • Well‑maintained condition with potential for customized interior layout.
    • Ample parking with both street and private lot options.

    Overview

    This is a freestanding corner office building with concrete block and brick construction, offering approximately 2,278 square feet of space. The building is currently occupied by a month-to-month tenant, who occupies 40% of the front space and pays $950 per month. This area includes a reception area, a large storage space, and two private offices. The remaining 60% of the building, accessible via a separate entrance from the reception area, features three large rooms, a large storage or office area, and a private restroom. The property is positioned against the street, providing street parking in addition to a private parking lot. The space is well-maintained and offers potential for interior modifications to suit future occupants' needs. The property is located at 822 W Center Ave, Visalia, CA 93291.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $60.1k $26.40
    − Vacancy −$12.1k −$5.31
    EGI $48.1k $21.09
    − OpEx −$12.0k −$5.27
    NOI $36.0k $15.82
    2,278 SF · lease $26.40/SF/yr · vacancy 20.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $514.8K
    $450.5K – $600.6K (±1% cap)
    NOI $36,038 @ 7.0% cap · market cap 7.35%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $624.0K
    $546.0K – $728.1K (±1% cap)
    NOI $43,683 @ 7.0% cap · market cap 8.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trilotech Tech Support Center Morris Sprague Groen ... Tax Preparation Morris Sprague Groen ... Accounting Firm

    Suggested Use

    Electrical Service Bed & Breakfast Coworking & Hybrid Office Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Veterinary Clinic Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.30089
    Latitude
    36.3312875

    FAQs

    What type of property is this?
    Office building - 2,278 SF office building with month-to-month tenant.
    Where is this office building located?
    The property is located at 822 W Center Ave Visalia, CA.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: Freestanding corner office building with ±2,278 SF.; Existing tenant provides immediate income of $950/month on a month‑to‑month lease.; Potential for SBA loan with 10% down.
    (559) 359-4035 Call to check price and availability
    More about this property
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