1270 E Riverside St Shafter, CA 93263
For Sale
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This exceptional 11.7-acre commercial property, situated at 1270 E Riverside Street in Shafter, California, presents a unique investment opportunity. Zoned for general commercial use (GC), this property boasts a substantial 12,891 square foot building currently undergoing renovation. The office building requires finishing touches to complete the remodel. Included in the sale are sliding and exterior doors intended for installation on the existing shop building. A smaller secondary building is also located on the site. The property benefits from two wells – one agricultural and one domestic – ensuring a reliable water supply. Electricity is readily available on-site. A significant asset is the inclusion of an approximately 70-foot truck scale conveniently located adjacent to the office building, ideal for weighing and logistical operations. The property's prime location, just off Santa Fe Way, places it within a thriving industrial area of Shafter, offering excellent access and visibility. This property is perfect for a variety of commercial uses and presents a rare opportunity to acquire a substantial, well-equipped industrial site in a desirable location. The combination of ample land, existing structures, and essential utilities makes this a compelling investment.
General Commercial (GC) District Neighborhood Commercial (NC) District Downtown Commercial (DC) District Business Park (BP) District Industrial (I) District Agricultural (A) District 2. Determination of Zone District Boundaries a. Wherever a lot or site is divided by a boundary between differing districts, the regulations applicable within each district shal…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Shafter, CAGeneral Commercial (GC) District Neighborhood Commercial (NC) District Downtown Commercial (DC) District Business Park (BP) District Industrial (I) District Agricultural (A) District 2. Determination of Zone District Boundaries a. Wherever a lot or site is divided by a boundary between differing districts, the regulations applicable within each district shall apply to each portion of the site within that district. b. The following rules shall apply for determining the boundaries of any district on the Zoning Map: • Where boundaries are indicated as approximately following street and alley lines or other identifiable property or boundary lines, such lines shall be construed to be the district boundary. Where boundaries are indicated as within a street or alley, the center line thereof shall be construed to be the district boundary; CITY OF SHAFTER DEVELOPMENT CODE CHAPTER 1 1-7 Administration • In unsubdivided property, where a district boundary divides a lot, the location of the district boundary, unless the same shall be indicated by dimensions, shall be determined by use of the scale appearing on the Zoning Map; • A symbol or symbols indicating the classification of property on the Zoning Map shall in each instance apply to the whole of the areas within the Zoning District boundaries: • Where the public street, alley, or right -of-way is officially vacated or abandoned, the regulations applicable to abutting property shall apply to such vacated or abandoned street, alley or right -of-way adjacent to that abutting property, as determined by the Planning Director. 3. Zoning Maps The boundaries of the zone districts established by this Title are not included in this Title but are shown on the Official Zoning Maps maintained by the City Planning Department. The Official Zoning Maps, and all notations, references, and other information shown thereon, shall be as much a part of this Title as if the matters and information set forth on such maps were all fully described herein. 1.120 PLANNING COMMISSION Pursuant to the provisions of California Government Code Section 65100, there is established a Planning Commission for the City. 1. Composition The Planning Commission shall consist of five members who shall be appointed by the City Council. 2. Duties The Planning Commission shall perform the duties and shall have all the rights, powers and privileges specified and provided by the ordinances and resolutions of the City or by State law.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.