Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    855 Commerce Way Lemoore, CA 93245
    Back to Search
    Property profile & analytics

    855 Commerce Way, Lemoore, CA 93245

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 855 Commerce Way

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional ±3-acre industrial land parcel presents a unique investment opportunity in Lemoore, California. Strategically located at the high-traffic intersection of CA-41 and CA-198 freeways, this property boasts unparalleled visibility and accessibility, directly abutting the CA-198. The site benefits from pre-installed infrastructure, including curbs, gutters, and street-side utility stubs, significantly reducing development costs. Situated within a thriving industrial park, this lot offers easy access to major transportation arteries, ensuring seamless logistics for any business. High traffic counts guarantee exceptional exposure for your enterprise, attracting a large pool of potential customers. Whether you envision a new construction project or an expansion of existing operations, this location provides the ideal platform for growth and success in a dynamic commercial hub. The property's APN is 024-051-032-000 / 024-051-033-000. The address is 855 Commerce Way, Lemoore, CA 93245. This is a truly remarkable opportunity to establish a strong presence in a rapidly developing area. The asking price is $899,950.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lemoore
    County
    Kings
    State
    California
    Longitude
    -119.803
    Latitude
    36.2835

    Comparable in this City

    • Value Estimation by Request
      1,803 SF

      1259 Paradise Loop

      Manufacturing properties
      1259 Paradise Loop, Lemoore, CA 93245
      View Details
    • Value Estimation by Request
      7,997 SF

      19 Follett St

      Industrial properties
      19 Follett St, Lemoore, CA 93245
      View Details
    • Value Estimation by Request
      0.19 Acres

      Lemoore, CA 93245

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      Lemoore, CA 93245
      View Details
    • Value Estimation by Request
      0.36 Acres

      20 G St

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      20 G St, Lemoore, CA 93245
      View Details
    • Value Estimation by Request
      100,947 SF

      1500 Enterprise Dr

      Distribution properties
      1500 Enterprise Dr, Lemoore, CA 93245
      View Details
    • Value Estimation by Request
      5,347 SF

      203 E St

      Distribution properties
      203 E St, Lemoore, CA 93245
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Near Highway 41

      Land in close proximity to Highway 41 on/off ramps.
      Bush St & Belle Hvn Dr, Lemoore, CA 93245
      View Details
    • Contact for pricing

      Land For Sale

      Land available for purchase.
      855 S Commerce Way, Lemoore, CA 93245
      View Details
    • $120,000
      1.28 Acres

      Vacant Land in Kings County

      Undeveloped land parcel suitable for agriculture, recreation, or investment.
      53 Jackson Ave, Lemoore, CA 93245
      View Details
    • Contact for pricing

      Land For Rent Lemoore

      Land available for rent in Lemoore, California.
      25 S 19 1/2 Ave, Lemoore, CA 93245
      View Details
    • $165,000
      2.50 Acres

      Land Near Kelly Slater Surf

      2.5 acres of land near Kelly Slater Surf Ranch.
      Jackson Ave, Lemoore, CA 93245
      View Details
    • Contact for pricing
      27,735 SF

      New Industrial Building For Sale

      Modern industrial building constructed in 2022 with flexible production space.
      1156 S Commerce Way, Lemoore, CA 93245
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Lemoore Flex Space Available

      Flex/industrial spaces with Class A amenities, strategically located in Lemoore.
      1500 Enterprise Dr, Lemoore, CA 93245
      View Details
    • Sponsored
      $4,000 /Mo

      9445 Highway 41

      Industrial/Agriculture Shop, Modular Office, Yard on 1.5 acres
      9445 Highway 41, Lemoore, CA 93245
      View Details
    • Contact for pricing

      Retail and Office Spaces Available

      Drive-thru, shop space, and pads for lease near West Hills.
      1345 W Bush St, Lemoore, CA 93245
      View Details
    • Contact for pricing
      2,573 SF

      Former Pizza Restaurant For Rent

      2,573 SF former pizza restaurant on 0.64-acre lot.
      1029 N Lemoore Ave, Lemoore, CA 93245
      View Details
    • Contact for pricing
      4,500 SF

      Retail End Cap Space

      4,500± SF retail space for lease in Lemoore, CA.
      161 W Hanford Armona Rd, Lemoore, CA 93245
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    855 Commerce Way
    Lemoore, CA 93245
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    855 Commerce Way, Lemoore, CA, 93245
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!