188 Citrus Dr Farmersville, CA 93223-3052
This exceptional 4,113 square foot commercial building, situated on a 0.22-acre lot at 188 W Citrus Drive in Farmersville, CA, presents a compelling investment opportunity. The property boasts multiple income-generating units currently operating below market rents, offering significant potential for increased revenue. The building is remarkably easy to maintain, a key advantage for investors seeking a low-effort, high-return asset. A significant benefit is the relatively new roofing system, installed less than five years ago, minimizing immediate capital expenditure needs. This translates to immediate cash flow and reduced long-term maintenance costs. The property's location in Farmersville, CA, provides convenient access to local amenities and a stable tenant base. The current rental income stream provides a solid foundation for growth, while the below-market rents offer a clear path to enhance profitability. This is an ideal acquisition for investors seeking a straightforward, manageable, and financially rewarding commercial property. The property's strong fundamentals and upside potential make it a highly attractive investment opportunity in the thriving Farmersville market. Serious inquiries are encouraged to explore this promising venture.
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
R-3 · Farmersville, CAFarmersville. 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.