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Property profile & analytics
FOR LEASE
Grocery and convenience stores

13384 Road 29 Madera, CA 93638

1,913 SF 1.16 ac lot
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0136500
Property summary
AI-generated overview

This exceptional 52,380 square foot commercial lot presents a unique built-to-suit ground lease opportunity in Madera County, California. Strategically located near Highway 99, this property boasts unparalleled access to major California cities including Fresno, Bakersfield, Merced, and Modesto, leveraging one of the state's busiest trucking routes for optimal logistical advantages. Zoned for Commercial-Residential Mixed Use (CRM), the land offers immense flexibility for a diverse range of development projects. The area is experiencing significant growth, with new residential developments attracting a burgeoning workforce and expanding consumer base. This translates to a robust local talent pool and a consistent consumer market, creating a highly favorable environment for businesses. The property's excellent visibility and convenient freeway access further enhance its appeal. Existing infrastructure includes readily available utilities and sewer services. The surrounding area features a blend of established businesses and new residential communities, creating a dynamic and vibrant atmosphere. This prime location, coupled with its proximity to schools, neighborhoods, and essential services, makes it an ideal site for a thriving mixed-use development. The opportunity to create a truly special project in the heart of Madera's growth is undeniable. Prospective lessees are advised to independently verify utility availability and permitted uses with Madera County.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Construction WOOD
Total area 1,913 SF
Lot 1.16 ac (50,529 SF)
Zoning code CRM
APN 034-165-022-000
UPID US09-0136500
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
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k
Owner & transaction history
Abel I Anyanwu · 19 yrs held
Abel I Anyanwu
since 2006
1 recorded transaction
2006
$435,000
Zoning & alternative use
CRM · Madera, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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