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    25 Polk St Coalinga, CA 93210

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    For Lease
    Contact for pricing

    Prime Retail Space Available in Coalinga, CA

    Lot size:
    94,710 SF

    Property Features for 25 Polk St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,710 SF
    Total Rate
    94710

    Building Details

    Year Renovated
    2024
    Buildings
    1

    Spaces For Lease

    at 25 Polk St, Coalinga, CA 93210 Contact us
    Unit Available Space 1

    $12 /Mo

    Size
    12,123 SF
    Contact us

    We can help!

    Listing Contact
    Kelly Cocca

    Listing Agency: Cocca Development, Ltd Listing Agent: Kelly Cocca

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property in Coalinga, California, presents a unique investment opportunity. Located at 25 W Polk St, 93210, this 94,710 square foot building boasts a prime location and recent renovations. The property consists of a single building with five suites, offering flexible space options for multiple tenants. Currently, a portion of the building is occupied by Tractor Supply, following a complete renovation in 2024. Ross Dress for Less, Five Below, and Grocery Outlet have also leased space within the building, with renovations for their spaces commencing soon. The property offers a minimum divisible space of 5,000 square feet, with a maximum contiguous space of 12,123 square feet currently available for lease. This represents a significant opportunity for businesses seeking high-visibility retail space in a growing market. The property's diverse tenant mix and recent renovations make it an attractive investment, offering strong potential for rental income and long-term growth. The building's strategic location in Coalinga, CA provides excellent access to a substantial customer base. This is a rare chance to acquire a well-positioned, renovated retail center with immediate income potential and significant upside. The property type includes retail, land, and restaurant uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tractor Supply Co. Building Supply Ross Dress for Less Clothing Store Shoreline Pallets Inc. Freight Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Coalinga
    County
    Fresno
    State
    California
    Longitude
    -120.362832
    Latitude
    36.1348372

    Nearby Similar for Lease

    • $2,000 /Mo
      1,700 SF

      Functional Office Space Available

      Professional office space for lease with functional layout.
      192 E Elm Ave, Coalinga, CA 93210
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    • Contact for pricing
      4,111 SF

      Adaptable Retail Space Available

      Versatile 4,111 SF retail property suitable for various businesses.
      286 Coalinga Plz, Coalinga, CA
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space in Coalinga Center

      Retail space available in grocery and drug store anchored center.
      139-203 Polk St, Coalinga, CA 93210
      View Details
    • Contact for pricing
      160,583 SF

      Coalinga Retail Center - 3 Spaces

      Prime Coalinga retail space, multiple units available.
      25 Polk St, Coalinga, CA 93210
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space Available in Coalinga, CA
    Where is this restaurant located?
    The property is located at 25 Polk St Coalinga, CA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 94,710 square foot building in Coalinga, CA at 25 W Polk St, 93210.; Five-suite building with flexible space options, minimum 5,000 sq ft divisible, maximum 12,123 sq ft contiguous space currently available.; Recently renovated, with Tractor Supply currently occupying a portion and Ross Dress for Less, Five Below, and Grocery Outlet commencing renovations for their spaces soon.
    Request Owner's contact information
    25 Polk St Coalinga, CA 93210
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    Coalinga, CA 93210
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    25 Polk St Coalinga, CA 93210
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    Contact for Pricing
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    Kelly Cocca
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