Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    40843 Ca-41 Oakhurst, CA 93644
    Property profile & analytics

    40843 Ca-41, Oakhurst, CA 93644

    View on Map
    • Retail properties & Spaces
    • 3,450 SF
    • 0.94 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 40843 Ca-41

    Lot size
    0.94 lot acres
    Property size
    3,450 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Mixed-use properties

    Description

    This exceptional mixed-use property presents a compelling owner-user or development opportunity. Located in Oakhurst, California, on a 0.94-acre lot along Highway 41, this offering comprises two freestanding buildings totaling approximately 3,450 square feet. The main building, approximately 1,450 square feet, is a retail space situated on an upper lot of approximately 22,160 square feet. A second building, approximately 2,000 square feet, offers a flexible office/warehouse configuration on a lower lot of approximately 18,787 square feet. This building features a large open warehouse area, two private restrooms in the front section, and a separate office area with a full restroom and shower. The property is zoned CRM (Commercial, Rural, Median District), making it suitable for a variety of uses, including a brewery. The site is serviced by the Cal Water District and has a septic tank. The property boasts excellent visibility and accessibility due to its Highway 41 frontage, providing ample street parking and a private parking lot. The asking price is $550,000, translating to approximately $159.42 per square foot. This location benefits from high traffic volume and proximity to major traffic generators and freeway ramps, making it an ideal investment for owner-occupancy or redevelopment. The average household income within a five-mile radius is $88,636. The property's prominent location and zoning make it an excellent candidate for an SBA loan.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakhurst
    County
    Madera
    State
    California
    Longitude
    -119.642
    Latitude
    37.3409

    Comparable in this City

    • Value Estimation
      $870,000
      4,880 SF

      40509 Hwy 41

      DEPARTMENT STORE • 4,880 SF
      40509 Hwy 41, Oakhurst, CA 93644-9621
      View Details
    • Value Estimation by Request
      26,846 SF

      49 Nec Hwy 41 & Hwy

      Office Spaces • 26,846 SF
      49 Nec Hwy 41 & Hwy, Oakhurst, CA 93644
      View Details
    • Value Estimation by Request
      2,500 SF

      40120 Ca-41

      Individual retail properties • 2,500 SF
      40120 Ca-41, Oakhurst, CA 93644
      View Details
    • Value Estimation
      $605,000
      1,600 SF

      49266 Golden Oak Dr

      NURSERY, GREENHOUSE, FLORIST • 1,600 SF
      49266 Golden Oak Dr, Oakhurst, CA 93644-9476
      View Details
    • Value Estimation by Request
      0.90 Acres

      41045 Hwy 41

      NURSERY, GREENHOUSE, FLORIST • 0.90 Acres
      41045 Hwy 41, Oakhurst, CA 93644-8504
      View Details
    • Value Estimation by Request

      Highways 41 & 49

      Retail properties & Spaces
      0 Highways 41 & 49, Oakhurst, CA 93644
      View Details

    Similar Nearby for Sale

    • $362,000
      4,096 SF

      Oakhurst Retail Center - Great ROI

      High-visibility retail space, income producing.
      40291 Junction Dr, Oakhurst, CA 93644
      View Details
    • Contact for pricing
      2,500 SF

      Freestanding Retail Investment Building

      Single-tenant retail building with long-term tenant in Oakhurst, CA.
      40120 Ca-41, Oakhurst, CA 93644
      View Details
    • $1,050,000
      7,000 SF

      Retail Strip Center For Sale

      Retail strip center in Oakhurst, CA, near Yosemite.
      40359 Highway 41, Oakhurst, CA 93644
      View Details
    • $2,099,140
      10,190 SF

      Oakhurst Strip Center For Sale

      Strip center in Oakhurst, CA, near Yosemite. Investment opportunity.
      40282 Highway 41, Oakhurst, CA 93644
      View Details
    • Contact for pricing
      3,450 SF

      Oakhurst Mixed-Use Development Opportunity

      Two buildings on 0.94 acres, ideal for owner-user/development.
      40843 Highway 41, Oakhurst, CA 93644
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,572 SF

      Turnkey Restaurant Opportunity

      Existing restaurant space available for lease in Oakhurst, California.
      40650 Highway 41, Oakhurst, CA 93644
      View Details
    • Contact for pricing
      2,080 SF

      Retail Space Near Yosemite Entrance

      Retail space in Oakhurst near Yosemite National Park entrance.
      40050 Ca-49, Oakhurst, CA 93644
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Yosemite Entrance

      Retail space in Oakhurst, near Yosemite National Park.
      40044 Ca 49, Oakhurst, CA 93644
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Near Yosemite Park

      Retail space near Yosemite National Park entrance.
      40032 Ca-49, Oakhurst, CA 93644
      View Details
    • Contact for pricing

      Land for Lease Oakhurst

      Land available for lease in Oakhurst, California.
      Golden Chain Hwy, Oakhurst, CA 93644
      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.
    40843 Ca-41
    Oakhurst, CA 93644
    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
    40843 Ca-41, Oakhurst, CA, 93644
    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!