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    1702-1780 Robertson Blvd Chowchilla, CA 93610
    Property profile & analytics

    1702-1780 Robertson Blvd, Chowchilla, CA 93610

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    • Neighborhood centers
    • 79,000 SF
    • 9.63 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 1702-1780 Robertson Blvd

    Year built
    1983
    Lot size
    9.63 lot acres
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail opportunity presents seven available suites within the Country Wood Shopping Center, situated on Robertson Blvd in Chowchilla, CA. The property boasts a total of 79,000 square feet across a single, one-story building on a 9.63-acre lot. Suite sizes range from 2,100 to 18,160 square feet, offering flexibility for various retail concepts. Built in 1983, the center benefits from a prime location on Chowchilla's busiest retail corridor, serving a large residential population. Its strategic proximity to Highway 99 ensures high visibility and accessibility. Strong anchor tenants, including Dollar General Market, Dollar Tree, Subway, and AutoZone, create a thriving retail environment and draw significant customer traffic. The C-2 zoning allows for a variety of retail uses. The property's location within the city's planned two-mile CA-233 Corridor (Robertson Blvd) signifies long-term growth potential and reinvestment in the area. The APN is 001-230-007, and the property is located at 1702-1780 Robertson Blvd, Chowchilla, CA 93610, with a cross street of Washington Road. This is an ideal investment for businesses seeking high visibility and a strong customer base in a growing community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chowchilla
    County
    California
    State
    California
    Longitude
    -120.275
    Latitude
    37.1102

    Comparable in this City

    • Value Estimation
      $1,805,000
      8,805 SF

      1 Auto Park Dr

      SHOPPING CENTER, STRIP CENTER
      1 Auto Park Dr, Chowchilla, CA 93610-9375
      View Details
    • Value Estimation by Request
      5,000 SF

      515 Robertson Blvd

      SHOPPING CENTER, STRIP CENTER
      515 Robertson Blvd, Chowchilla, CA 93610-2868
      View Details
    • Value Estimation
      $525,000
      12,000 SF

      510 Robertson Blvd

      SHOPPING CENTER, STRIP CENTER
      510 Robertson Blvd, Chowchilla, CA 93610-2847
      View Details
    • Value Estimation by Request
      1,620 SF

      506 Robertson Blvd

      SHOPPING CENTER, STRIP CENTER
      506 Robertson Blvd, Chowchilla, CA 93610
      View Details
    • Value Estimation by Request
      5,000 SF

      129 3rd St

      SHOPPING CENTER, STRIP CENTER
      129 3rd St, Chowchilla, CA 93610-2911
      View Details
    • Value Estimation by Request
      1,220 SF

      1025 Robertson Blvd

      SHOPPING CENTER, STRIP CENTER
      1025 Robertson Blvd, Chowchilla, CA 93610-2752
      View Details

    Similar Nearby for Sale

    • $595,000
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      Chowchilla Retail Building - Prime Location

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    • $560,000
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    Similar Nearby for Lease

    • Contact for pricing
      18,160 SF

      High-Traffic Retail Center Space

      Retail spaces available in recently renovated, high-traffic Chowchilla center.
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    • Contact for pricing
      2,050 SF

      Retail Space in Chowchilla

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      Chowchilla Industrial Warehouse For Lease

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      1,893 SF

      Professional Office Space Available

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      View Details
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    Chowchilla, CA 93610
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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
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