Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Junction Dr Oakhurst, CA 93644

    • Commercial real estate
    • 1,400 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Junction Dr

    Lot size
    0.18 lot acres
    Property size
    1,400 SF
    Property type
    Commercial real estate

    Description

    This exceptional 0.18-acre lot, located on Junction Drive in Oakhurst, California, presents a unique opportunity for commercial development. The property boasts a total area of 1,400 square feet and is situated in a highly desirable area of town. Its prime location makes it ideal for a variety of commercial ventures, including restaurants, commercial offices, or retail establishments. The undeveloped nature of the land allows for complete design flexibility, enabling prospective buyers to tailor the construction to their specific business needs and vision. This presents a rare chance to establish a thriving business in a vibrant community. The property's size is perfectly suited for a smaller-scale commercial project, offering a manageable footprint while still providing ample space for development. Given its location and zoning (which should be independently verified), this lot represents a compelling investment opportunity for entrepreneurs and developers seeking to establish a presence in Oakhurst. The asking price of $149,950 makes this an attractive proposition in the current market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land parcel. Act quickly, as opportunities like this are seldom available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakhurst
    County
    Madera
    State
    California
    Longitude
    -119.659
    Latitude
    37.3331

    Comparable in this City

    • Value Estimation by Request

      41368 Ca-41

      Land
      41368 Ca-41, Oakhurst, CA 93644
      View Details
    • Value Estimation by Request
      2.44 Acres

      39636 Oak Rdg Dr

      COMMERCIAL (GENERAL) • 2.44 Acres
      39636 Oak Rdg Dr, Oakhurst, CA 93644
      View Details
    • Value Estimation by Request
      11,900 SF

      42484 Highway 41

      Commercial real estate • 11,900 SF
      42484 Highway 41, Oakhurst, CA 93644
      View Details
    • Value Estimation by Request
      3.99 Acres

      49044 Civic Cir

      COMMERCIAL (GENERAL) • 3.99 Acres
      49044 Civic Cir, Oakhurst, CA 93644-8713
      View Details
    • Value Estimation
      $1,350,000
      6,175 SF

      49643 Hartwell Rd

      COMMERCIAL (GENERAL) • 6,175 SF
      49643 Hartwell Rd, Oakhurst, CA 93644-8522
      View Details
    • Value Estimation by Request
      12.50 Acres

      49494 Bay Leaf Ln

      COMMERCIAL (GENERAL) • 12.50 Acres
      49494 Bay Leaf Ln, Oakhurst, CA 93644-9498
      View Details

    Similar Nearby for Sale

    • $2,390,000
      3,850 SF

      Oakhurst Boutique Hotel Investment

      Profitable Inn, Prime Location, Yosemite Near
      49271 Golden Oak Dr, Oakhurst, CA 93644
      View Details
    • $950,000

      Prime Oakhurst Commercial Property

      Exceptional investment opportunity in Oakhurst, CA.
      40278 Road 425A, Oakhurst, CA 93644
      View Details
    • $125,000
      6.69 Acres

      Oakhurst Land in Woodcrest Estates

      6.69-acre lot with utilities in a desirable neighborhood.
      10 Timberwood Ln, Oakhurst, CA 93644
      View Details
    • New
      $399,000
      39.29 Acres

      Oakhurst Land with Mountain Views

      Near 40-acre Oakhurst property with mountain views and easy access.
      Village Dr, Oakhurst, CA 93644
      View Details
    • $362,000
      4,096 SF

      Oakhurst Retail Center - Great ROI

      High-visibility retail space, income producing.
      40291 Junction Dr, Oakhurst, CA 93644
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,572 SF

      Turnkey Restaurant Opportunity

      Existing restaurant space available for lease in Oakhurst, California.
      40650 Highway 41, Oakhurst, CA 93644
      View Details
    • Contact for pricing

      Retail Property on Highway 41

      Retail property for sale located on Highway 41.
      40879 Highway 41, Oakhurst, CA 93644
      View Details
    • Contact for pricing

      Oakhurst Retail and Office Space

      Shopping center and office spaces available for lease in Oakhurst.
      Nec Hwy 41 & Hwy 49, Oakhurst, CA 93644
      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.
    Junction Dr
    Oakhurst, CA 93644
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!