Visalia Industrial and Office
For Sale
Contact for pricing
30646 Rd 52, Visalia, CA 93291
Two industrial buildings and two office buildings on 2.4 acres.
Property Size6,620 SF
Lot Size2.40 Acres
Price / SF$103.47
Days on Market941
Property Features for 30646 Rd 52
General Information
Standard status
Active
Size
6,620 SF
Lot size
2.40 Acres
Property subtype
Industrial
Zoning
C-2 MU
Lease Type
Modified Gross
Building Details
Buildings
4
Units
4
Listing Agency:
C21 Commercial
(559) 359-4035
Listed By:
Jared Ennis · License #CA
Source:
Crexi
Added: Jan 23, 2024
Changed: Aug 13
Last Checked: Aug 20 at 9:24PM
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
Investment Insights
Based on property information with market context.
This property features two insulated, clear-span, freestanding industrial buildings totaling approximately 3,300 square feet and two private office buildings totaling approximately 3,320 square feet, situated on a fully fenced 2.4-acre lot in Visalia, California. Warehouse Building #1, measuring approximately 1,700 square feet, includes an additional 700-square-foot overhang suitable for storage and equipment. Office Building #1, approximately 1,670 square feet, has an additional 1,200-square-foot outside structure in the back. Warehouse Building #2, approximately 1,600 square feet, offers 950 square feet of covered outside storage. Office building #2 is approximately 1,650 square feet and is located at the back of the property. The property benefits from its location within a safety-conscious area, with two fire hydrants in close proximity. It is equipped with a 240-foot deep well, septic system, and RV dump. Additional features include a fully fenced yard, ample exterior lights, security cameras, skylights, and a 16-foot clear height. The property's location near CA-99 and Avenue 308 provides convenient highway access. The flexible zoning allows for many uses.
Key Highlights
- Total of ±6,620 SF across multiple buildings (industrial and office) on a large 2.4 AC fully fenced lot.
- Convenient highway access near CA‑99 and Ave 308.
- Flexible zoning allowing for many uses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,817
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,216,340
$1.2M
Cap Rate 7%
$868,814
$868.8K
Cap Rate 9%
$675,744
$675.7K
Market Conditions
NOI Build-Up for 6,620 SF
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.
Gross rent
$103.3K $15.60/SF
− Vacancy
−$9.7K −$1.47/SF
EGI
$93.6K $14.13/SF
− OpEx
−$32.7K −$4.95/SF
NOI
$60.8K $9.19/SF
Area
Visalia, CA
Vacancy
9.40%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,216,340
Cap Rate 7%
$868,814
Cap Rate 9%
$675,744
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,730 @ 7.0% cap · market cap 15.29%
Second Best
Warehouse
$1.14M
$994.1K – $1.33M
NOI $79,530 @ 7.0% cap · market cap 11.61%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M
NOI $126,945 @ 7.0% cap · market cap 18.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93291, CA
63,366
Population
19,866
Households
3.2
Avg Household Size
32
Median Age
24%
College-Educated
81%
High-School Grad
84.2 sq mi
ZIP Area
753
Density / Sq Mi
$81,502
Median Household Income
$41,778
Median Earnings
$1,331
Median Rent
$381,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two industrial buildings and two office buildings on 2.4 acres.
Where is this flex space located?
The property is located at 30646 Rd 52 Visalia, CA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Total of ±6,620 SF across multiple buildings (industrial and office) on a large 2.4 AC fully fenced lot.; Convenient highway access near CA‑99 and Ave 308.; Flexible zoning allowing for many uses.
