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Property profile & analytics
OFF-MARKET Estimated value $150,000
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
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k
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
Price N/A
2020
$150,000
2020
Price N/A
2016
Price N/A
2011
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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