1301 I St Reedley, CA 93654-3317
This exceptional Reedley, CA industrial property offers a unique investment opportunity. The main building boasts approximately 3,000 square feet of upscale office space, perfectly suited for a variety of businesses. The thoughtfully designed layout includes four individual offices, a dedicated reception area, a large conference room, two restrooms, and substantial storage space. The property sits on a generous 0.26-acre lot (11,250 square feet), providing ample room for expansion or future development. Adding significant value is a separate, tenant-occupied residential unit – a one-bedroom, one-bathroom home – generating consistent rental income. This presents a dual-income stream, enhancing the overall return on investment. The property's location in Reedley offers convenient access to local amenities and transportation routes. Furthermore, there's the potential to acquire the adjacent lot, expanding the property's footprint and unlocking even greater possibilities. This versatile property is ideal for an owner-occupier seeking additional income or an investor looking for a strong cash-flow opportunity. The asking price for this exceptional property is $650,000. Don't miss this chance to own a truly unique and profitable commercial property in a thriving location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
ML · Reedley, CAReedley. Always verify with local authorities before improvements.
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.