822 W Center Ave, Visalia, CA 93291
2,278 SF office building with month-to-month tenant.
- 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
Listing office C21 Commercial (559) 359-4035
Listing date Aug 18, 2022
Source Crexi
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Visalia
- County
- Tulare
- State
- California
- Longitude
- -119.30089
- Latitude
- 36.3312875