Property profile

1253 Lewiston Ave Riverdale, CA 93656

OFF-MARKET
Mixed-use properties
Property ID
US09-1641312
4,396 SF 19.98 ac lot Built 1952
Individually Owned 1-yr Hold
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Property summary

AI-generated overview

This 19.98-acre agricultural property in Riverdale, CA (Fresno County, zip 93656), presents a unique investment opportunity. The property includes a non-operational dairy farm with existing structures, offering potential for redevelopment or continued agricultural use. The main residence is a four-bedroom, two-bathroom house. Additionally, there are two three-bedroom, two-bathroom manufactured homes on foundations, and a two-bedroom, two-bathroom mobile home (not on a foundation). One home is currently occupied under a month-to-month lease; the others were recently occupied. The dairy infrastructure includes a barn and seven corrals. Two wells are on-site; one is operational, providing water to the entire property. The property is zoned for agricultural use (Ag) and has a total of 4 units. The asking price is $650,000, with a current NOI of $29,632 and a pro-forma NOI of $21,548. The property's total square footage is 4,396, with a net rentable area of 870,329 square feet. The current cap rate is 4.56%, with a pro-forma cap rate of 3.32%. The property is being sold "as is," and pest inspections are available. The APN is 05547052S. The property was built in 1952 and consists of five buildings, all one story. The price per acre is $32,533. The property is currently 25% occupied.

Property profile

Verified
Property type Mixed-use properties
Year built 1952
Total area 4,396 SF
Lot 19.98 ac (870,329 SF)
UPID US09-1641312

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1253 Lewiston Ave Riverdale, CA 93656
Riverdale metro
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Value estimations

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Owner & transaction history

since 2024
2 recorded transactions
2024
$500,000
2020
$450,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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