Property profile

201 E St Lemoore, CA 93245

OFF-MARKET
Retail properties & Spaces
7,352 SF 0.17 ac lot
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Property summary

AI-generated overview

This ±7,352 square foot freestanding retail building in Lemoore, CA, presents a compelling owner-user or investment opportunity. Located on a ±0.172-acre lot at 201 E St (APN 020-053-017), this property boasts a prime corner location with exceptional visibility and easy access from CA-198. The building features a ±1,076 square foot storefront currently leased to a tenant at $1,300 per month under a modified lease agreement, and a substantial ±6,276 square foot rear space ideal for owner-occupancy or leasing. The DMX-1 zoning allows for versatile use. An adjacent ±15,347 square foot industrial warehouse space is also available for purchase, offering significant expansion potential. This combined property offers a unique opportunity to own a high-visibility location in a thriving market with limited competition. The property benefits from ample street parking, easy access to major transportation corridors, and proximity to Amtrak Thruway 18. Situated in Lemoore's commercial service Enterprise Zone, this location offers strong potential for both immediate income and long-term appreciation. The property's excellent condition, quality construction, and economical spaces make it an attractive investment, particularly for those seeking an owner-user opportunity or a diversified portfolio addition. The asking price is $675,000. This property is a great SBA loan candidate with a 10% down payment.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,352 SF
Lot 0.17 ac (7,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Insurance Agency
  • Restaurant

Location

201 E St Lemoore, CA 93245
Lemoore metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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