0 Airport Dr, Madera, CA 93637
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.