Property profile

281 Merced St Dinuba, CA 93618

OFF-MARKET
Warehouses
12,952 SF Built 1989
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Property summary

AI-generated overview

This exceptional investment opportunity presents a prime 12,952 square foot industrial property located at 281 W Merced St, Dinuba, CA 93618. The Dinuba Commercial Center boasts a strong 3.95% cap rate, generating a net operating income (NOI) of $88,814. Comprising two buildings and four individual units, this Class B property offers versatile space ideal for owner-occupancy or continued rental income. Built in 1989, the property sits on a substantial 39,000 square foot lot zoned C-4, allowing for a variety of uses. The complex includes a three-bay self-service car wash and a concrete parking lot with 15 stalls. The property's strategic location provides excellent Alta Avenue frontage, enhancing visibility and accessibility. This is a rare opportunity for a 1031 exchange, offering a solid return on investment in a thriving market. The property features a gross lease structure and is currently privately owned. The asking price is $2,250,000. This is a first-time market offering, presenting a unique chance to acquire a well-established and profitable industrial center.

Property profile

Verified
Property type Warehouses
Year built 1989
Total area 12,952 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
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Furniture & Home Goods
  • Car Wash
  • Car Wash

Location

281 Merced St Dinuba, CA 93618
Dinuba 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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