Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Auto Parts Store
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Furniture & Home Goods
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Car Wash
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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