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    OFF-MARKET
    Grocery and convenience stores

    121 D St, Madera, CA 93638-3623

    2,300 SF 0.08 ac lot Built 1965
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-2792975
    Property summary
    AI-generated overview

    This exceptional 4,000 square foot commercial property, located at 121 S D Street in Madera, California, presents a compelling investment opportunity or an affordable owner-user option. Situated in the heart of Madera's bustling downtown business district, this building offers a versatile space ideal for a variety of commercial or manufacturing uses. The property features a well-designed layout including a mezzanine level, a spacious open sales floor area, and a substantial storage room, providing ample room for operations and inventory. The building's prime location ensures high visibility and accessibility, benefiting from a convenient public parking lot directly adjacent to the property. This strategic location places the building within easy reach of numerous amenities, including banks, restaurants, the post office, and a diverse range of retail businesses, creating a high volume of foot traffic. The asking price is $340,000. The property is zoned for commercial and manufacturing uses and is situated in Madera County, CA, zip code 93638. This property offers a rare blend of location, size, and functionality, making it an attractive prospect for both investors and owner-occupiers seeking a strong foothold in Madera's thriving commercial sector. The property is classified as Special Purpose, Industrial, and Land.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1965
    Construction TILT-UP CONCRETE
    Total area 2,300 SF
    Lot 0.08 ac (3,484 SF)
    APN 007-161-016-000
    UPID US09-2792975
    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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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    The Waffle Spot INC · 1 yrs held
    The Waffle Spot INC
    since 2025
    Last sale
    $150,000
    7 recorded transactions
    2025
    $290,000
    2024
    2020
    $150,000
    2020
    2016
    2011
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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