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    Airport Dr Madera, CA 93637

    Sponsored
    For Sale
    $1,700,000

    1.14 Acres, C2 Zoning, Gas Station Approved

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1.14-acre commercial land parcel, located at the corner of Avenue 17 and Airport Drive in Madera, California (zip code 93637, APN 013-012-022), presents a unique investment opportunity. The property is zoned C2 and boasts a fully approved Condition Use Permit (CUP) for the development of a gas station, convenience store, and fast-food establishment. A comprehensive site plan has also received approval, streamlining the development process. The sale of tobacco and alcohol is permitted under the existing approvals. This rare corner lot offers excellent visibility and accessibility, making it an ideal location for a high-traffic commercial venture. The asking price is $1,700,000. While the current lease expires on February 19, 2025, the approved CUP and site plan provide a clear path for immediate development and long-term profitability. This property represents a significant opportunity for investors seeking a turnkey project in a thriving Madera County market. Don't miss this chance to acquire a prime commercial site with all necessary approvals in place.

    Property Features for 0 Airport Dr

    General Information

    Property type
    Land
    Lot Size
    49,658 SF

    HighLights

    • 1.14‑acre commercial lot at the corner of Avenue 17 and Airport Drive, Madera, CA (93637, APN 013‑012‑022).
    • C2 zoning with approved CUP for gas station, convenience store, and fast‑food restaurant.
    • Approved site plan allows for immediate development.
    • Sale of tobacco and alcohol permitted.
    • Rare corner lot offers high visibility and accessibility; asking price $1,700,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madera
    County
    Madera
    State
    California
    Longitude
    -120.10666536205
    Latitude
    36.996441617749

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    FAQs

    What type of property is this?
    Land - 1.14 Acres, C2 Zoning, Gas Station Approved
    Where is this land located?
    The property is located at Airport Dr Madera, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 1.14-acre commercial lot at the corner of Avenue 17 and Airport Drive, Madera, CA (93637, APN 013-012-022).; C2 zoning with approved CUP for gas station, convenience store, and fast-food restaurant.; Approved site plan allows for immediate development.
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    Airport Dr Madera, CA 93637
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    Airport Dr
    Madera, CA 93637
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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
    Airport Dr Madera, CA 93637
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