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    OFF-MARKET
    Land

    0 Airport Dr, Madera, CA 93637

    1.14 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.14-acre commercial land parcel, located at the corner of Avenue 17 and Airport Drive in Madera, California (zip code 93637, APN 013-012-022), presents a unique investment opportunity. The property is zoned C2 and boasts a fully approved Condition Use Permit (CUP) for the development of a gas station, convenience store, and fast-food establishment. A comprehensive site plan has also received approval, streamlining the development process. The sale of tobacco and alcohol is permitted under the existing approvals. This rare corner lot offers excellent visibility and accessibility, making it an ideal location for a high-traffic commercial venture. The asking price is $1,700,000. While the current lease expires on February 19, 2025, the approved CUP and site plan provide a clear path for immediate development and long-term profitability. This property represents a significant opportunity for investors seeking a turnkey project in a thriving Madera County market. Don't miss this chance to acquire a prime commercial site with all necessary approvals in place.

    Property profile
    Verified
    Property type Land
    Lot 1.14 ac (49,658 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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