Technical
Financial
Distress signals
Property profile

173 Elmwood Ave Lindsay, CA 93247

OFF-MARKET
Commercial land
Property ID
US09-5984528
2,455 SF 0.17 ac lot Built 1977
Trust Owned 13-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This ±2,455 square foot freestanding industrial building presents a unique investment opportunity in Lindsay, California. Situated on a 0.16-acre lot, the property boasts a prime location with high visibility on South Elmwood Avenue, offering excellent access to the downtown area. The building features a flexible floor plan, including a large open showroom, a private office, a storage room, and a private restroom. One 14-foot-high roll-up door provides convenient access for loading and unloading. The exterior includes ample parking, multiple access points, a separate storage container, and a covered storage structure. The building is fully insulated with skylights throughout, and benefits from heavy power. The CS - Service Commercial zoning allows for a variety of uses. The property is currently vacant and ready for immediate occupancy. A significant advantage is the inclusion of a mounted 1957 Chevy on a pole. Furthermore, the property is adjacent to a vacant lot where a 140-unit apartment building with ground-floor retail is planned, potentially increasing future value. This move-in ready building offers a compelling alternative to new construction.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1977
Total area 2,455 SF
Lot 0.17 ac (7,500 SF)
APN 205-271-039-000
UPID US09-5984528

Cap rate & NOI

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

Location

173 Elmwood Ave Lindsay, CA 93247-2405
Lindsay metro Census 2800 VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2008
$180,000

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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