155 S 19Th Ave Lemoore, CA 93245
Property profile & analytics
155 S 19Th Ave, Lemoore, CA 93245
- Grocery and convenience stores
- 7,443 SF
- 1.05 lot acres
Property ID
US09-5549957
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dollar General / Discount Store
- FedEx OnSite / Postal Service / Courier Service
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
- Amerigas Propane Exchange / Propane Supplier
Property Details for 155 S 19Th Ave
- Year built
- 2018
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.05 lot acres
- Property type
- Grocery and convenience stores
- APN
- 023-420-022-000
- APU
- 23420022000
Description
This exceptional investment opportunity presents a 7,489-square-foot, single-tenant retail building in Lemoore, California, currently occupied by a Dollar General store under a corporate-guaranteed net lease. The property, built in 2018, boasts a 15-year lease commencing July 28, 2018, and expiring July 31, 2033, leaving approximately 8.7 years remaining. The building features steel and concrete construction, fire sprinklers, and a freight door, situated on approximately 1.05 acres of land. With a strong 5.30% cap rate and a Net Operating Income (NOI) of $129,132, this asset offers a compelling return on investment. The property enjoys a prominent location, less than 0.6 miles from Highway 41/Bush Street exit, benefiting from high visibility and convenient access. Lemoore's economy is supported by major employers including a Naval Air Station and food processing companies, providing a stable market for retail businesses. The property is zoned CMU and has an APN of 023-420-022-000. This is a turnkey investment with exceptional long-term potential. The asking price is $2,436,452.80.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,225,000
- 6.5%
- $1,130,000
- 7%
- $1,050,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,051,000
Market price range: $450k - $1.05M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $890,000 Current use
- RESTAURANT
- $1,435,000 Change: +61% Conversion: Easy
- OFFICE BUILDING
- $1,360,000 Change: +53% Conversion: Easy
- COMMERCIAL (GENERAL)
- $975,000 Change: +10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lemoore
- County
- Kings
- State
- California
- Longitude
- -119.799
- Latitude
- 36.2972
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,487
$1,150,734
$1,312,374
$2,463,108
-
$0.00
$0.00
$0.00
