Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9840 Cody St Coalinga, CA 93210
    Back to Search
    Property profile & analytics

    9840 Cody St, Coalinga, CA 93210

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

    Current Use by Public Records

    • Land

    Property Details for 9840 Cody St

    Lot size
    1.70 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 1.7-acre industrial property in Coalinga, California, presents a unique investment opportunity. Located at 9840 Cody St, zip code 93210, Fresno County, this land is zoned for industrial use and boasts a substantial 34,000-square-foot building featuring a 20-foot clear ceiling height. The property includes all necessary city cannabis licenses, making it ideal for a ready-to-run cannabis operation. Further enhancing its value is a pre-existing DPS panel valued at $400,000, already installed on the site. This turnkey solution offers significant advantages for immediate business commencement. Attractive financing options are available, including seller financing and a seller carryback option, making this property accessible to a wider range of investors. The property's prime location in Coalinga, CA, offers excellent access to transportation and infrastructure, further solidifying its investment potential. While currently configured for cannabis operations, other commercial uses are permitted under the existing zoning. This versatile property offers a compelling combination of size, infrastructure, and licensing, making it an exceptional opportunity for a discerning investor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coalinga
    County
    Fresno
    State
    California
    Longitude
    -120.356
    Latitude
    36.1777

    Comparable in this City

    • Value Estimation by Request
      476.38 Acres

      El Dorado Ave

      Farms
      0 El Dorado Ave, Coalinga, CA 93210
      View Details
    • Value Estimation by Request
      80.00 Acres

      Coalinga, CA 93210

      REFINERY, PETROLEUM PRODUCTS
      Coalinga, CA 93210
      View Details
    • Value Estimation by Request
      463.91 Acres

      35029 Amador

      REFINERY, PETROLEUM PRODUCTS
      35029 Amador, Coalinga, CA 93210
      View Details
    • Value Estimation by Request
      120.00 Acres

      Coalinga, CA 93210

      REFINERY, PETROLEUM PRODUCTS
      Coalinga, CA 93210
      View Details
    • Value Estimation by Request
      466.75 Acres

      Coalinga, CA 93210

      REFINERY, PETROLEUM PRODUCTS
      Coalinga, CA 93210
      View Details
    • Value Estimation by Request
      340.44 Acres

      Coalinga, CA 93210

      REFINERY, PETROLEUM PRODUCTS
      Coalinga, CA 93210
      View Details

    Similar Nearby for Sale

    • $55,000
      0.49 Acres

      Land Near Highway 33

      Country land near Coalinga with convenient highway access.
      90 Lost Hl Rd Hwy 33, Coalinga, CA 93210
      View Details
    • Contact for pricing

      Prime Land on State Route

      152 acres of land with access to State Route.
      36.135624 -120.342626, Coalinga, CA 93210
      View Details
    • $599,900
      Pending

      Coalinga Commercial Property For Sale

      Commercial property in Coalinga, CA, featuring 11,180 square feet.
      990 W Elm Ave, Coalinga, CA 93210
      View Details
    • $520,000
      6,000 SF

      Coalinga Commercial Property For Sale

      6,000 sqft warehouse/industrial property on 0.7 acres in Coalinga.
      150 W Glenn Ave, Coalinga, CA 93210
      View Details
    • $9,999,000

      Coalinga Detention Facility on 21.2 Acres

      76,650 SF former detention facility on 21.2 acres.
      185 W Gale Ave, Coalinga, CA 93210
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Coalinga, CA

      Recently renovated retail space available for lease in Coalinga.
      25 W Polk St, Coalinga, CA 93210
      View Details
    • Contact for pricing
      1,600 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
    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.
    9840 Cody St
    Coalinga, CA 93210
    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
    9840 Cody St, Coalinga, CA, 93210
    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!