Property profile

1900 Davis Dr Dinuba, CA 93618

OFF-MARKET
Industrial properties
Property ID
US09-5930178
92,923 SF 12.33 ac lot Built 1970
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 1900 East Davis Drive in Dinuba, California, offers a total of 37,064 square feet of versatile space. The property is zoned for heavy industrial use and features a single-tenant occupancy. The building boasts 8 loading docks, providing efficient access for distribution and logistics operations. A significant portion of the warehouse is dedicated to refrigerated storage, totaling 28,596 square feet, complemented by 2,508 square feet of refrigerated dock space. In addition, 5,960 square feet of dry storage is available, catering to diverse storage needs. The property includes a fenced perimeter with security-controlled access, ensuring the safety and security of stored goods and operations. Convenient access to SR-99 enhances logistical efficiency. The warehouse features ceiling heights of approximately 18 to 22 feet, and a large yard provides ample space for heavy vehicle parking and maneuvering. The property's APN is 013-080-043, located in Tulare County, California, with a zip code of 93618. The property is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space. This property is ideal for businesses requiring a combination of refrigerated and dry storage with excellent access and security features.

Property profile

Verified
Property type Industrial properties
Use group HEAVY INDUSTRIAL
Year built 1970
Total area 92,923 SF
Lot 12.33 ac (537,094 SF)
Zoning code M-1
APN 013-080-029-000
UPID US09-5930178

Cap rate & NOI

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

Location

1900 Davis Dr Dinuba, CA 93618-9372
Dinuba metro Census 401 VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.33M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.86M

Owner & transaction history

since 2018
4 recorded transactions
2021
Price N/A
2018
$7.7M
2016
$9.8M
1989
$6.0M

Zoning & alternative use

M-1 · Dinuba, CA
Zoning description

12. M-1 (light industrial); 13. M-2 (heavy industrial); 14. PUD (planned unit development overlay district); 15. Downtown residential overlay district; 16. Precise plan overlay district; 17. Boulevard overlay district. 1…

General category INDUSTRIAL
Top alternative use upside
Office building $13.0M +30.9%
Apartment house (5+ units) $12.6M +27.1%
Retail stores $11.8M +18.7%

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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