Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lyles Dr And Town Ctr Blvd Madera, CA 93636
    Property profile & analytics

    Lyles Dr And Town Ctr Blvd, Madera, CA 93636

    View on Map
    • Land
    • 12.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Lyles Dr And Town Ctr Blvd

    Lot size
    12.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 12-acre parcel is part of the thriving Tesoro Business Park in Madera, California, offering a prime opportunity for light industrial development. Located conveniently near Highway 41, this property benefits from existing infrastructure including sewer, storm drain, and water main stubbed to each lot, along with fire hydrants meeting county code. Gas service is available to select lots via PG&E, and telecommunications are provided by Comcast and Ponderosa Fiber. The site boasts a state-of-the-art on-site water and wastewater treatment facility. Tesoro Business Park is strategically positioned within the larger Tesoro Viejo master-planned community, a rapidly growing area with over 775 occupied homes and an anticipated 300+ additional homes occupied annually. This location offers a unique blend of residential and commercial development, creating a vibrant live-work-play environment. The overall Tesoro Viejo development plan includes approximately 5,190 homes and 3 million square feet of non-residential space, ensuring significant future growth and potential. Entitlements are currently underway for a substantial self-storage facility, further enhancing the area's appeal. The property's location in Madera, just minutes from Fresno, provides easy access to major transportation routes and a robust workforce. This is an ideal opportunity to establish a presence in a dynamic and expanding Central California market. The property is zoned for light industrial use, making it suitable for a variety of businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madera
    County
    Madera
    State
    California
    Longitude
    -119.787
    Latitude
    36.956

    Comparable in this City

    • Value Estimation by Request
      0.86 Acres

      15 1/2

      Farms
      15 1/2, Madera, CA 93636
      View Details
    • Value Estimation by Request

      14566 Ca-41

      Distribution properties
      14566 Ca-41, Madera, CA 93636
      View Details
    • Value Estimation by Request
      2.43 Acres

      40455 Brickyard Dr

      INDUSTRIAL PARK
      40455 Brickyard Dr, Madera, CA 93636-9516
      View Details
    • Value Estimation by Request

      36 Swc Ave 12 & Rd

      Land
      36 Swc Ave 12 & Rd, Madera, CA 93636
      View Details
    • Value Estimation by Request
      2.00 Acres

      145 And Rd

      Land
      145 And Rd, Madera, CA 93636
      View Details
    • Value Estimation by Request
      22,400 SF

      11180 Ca-41Bus

      Flex space
      11180 Ca-41Bus, Madera, CA 93636
      View Details

    Similar Nearby for Sale

    • $355,000
      2.18 Acres

      Vacant Land in Madera, CA

      2.18-acre vacant land parcel in Madera, CA for sale.
      49140 Dublin Dr, Madera, CA 93636
      View Details
    • Contact for pricing

      Madera Land For Sale

      Land available for sale in Madera, California.
      36119 Avenue 12, Madera, CA 93636
      View Details
    • Contact for pricing

      79.78 Acres Available in Madera

      79.78 acres of land for sale in Madera, CA.
      12 And Hwy 41, Madera, CA 93636
      View Details
    • New
      $125,000
      2.25 Acres

      Land Parcel in Madera

      Two-acre parcel in Madera, suitable for building or investment.
      Bonita Rd, Madera, CA 93636
      View Details
    • New
      $125,000
      2.24 Acres

      Land Parcel in Madera

      Two-acre parcel in Madera, suitable for building or investment.
      La Canada Rd, Madera, CA 93636
      View Details
    • Contact for pricing
      115,869 SF

      Corner Property in Madera Ranchos

      Hard corner property suitable for redevelopment in Madera Ranchos.
      36119 Avenue 12, Madera, CA 93636
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Rent Madera, CA

      Land available for rent in Madera, California.
      36018 Orange Grove Ave, Madera, CA 93636
      View Details
    • Contact for pricing
      6,600 SF

      Brand New Madera Flex Space

      6,600 SF Retail Space, Excellent Location
      11180 Ca-41Bus, Madera, CA 93636
      View Details
    • Contact for pricing
      2,700 SF

      Madera Flex/Industrial Space Available

      Flex/Industrial space for rent in Madera, CA.
      11180 Business Rte 41, Madera, CA 93636
      View Details
    • Contact for pricing

      Versatile Flex Spaces in Madera

      New business park with flexible layouts and convenient highway access.
      11180 Ca-41Bus, Madera, CA 93636
      View Details
    • Contact for pricing
      1,200 SF

      Madera Flex/Industrial Space Available

      Flex/Industrial space for rent in Madera, California.
      11166 Business, Madera, CA 93636
      View Details
    • Contact for pricing

      Madera Commercial Center Land

      150-acre commercial center at high-profile location in Madera, CA.
      12 Swc State Hwy 41 & Ave, Madera, CA 93636
      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.
    Lyles Dr And Town Ctr Blvd
    Madera, CA 93636
    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
    Lyles Dr And Town Ctr Blvd, Madera, CA, 93636
    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!