20440 Avenue 256 Exeter, CA 93221
- Retail properties
- 0.36 lot acres
Current Use by Public Records
- Retail properties
Property Details for 20440 Avenue 256
- Lot size
- 0.36 lot acres
- Property type
- Retail properties
- APN
- 141-040-024-000
- APU
- 141040024000
Description
This exceptional 1.17-acre commercial property, located at 20440 Avenue 256 in Exeter, California, presents a unique investment opportunity. Boasting a substantial 50,965 square feet of space, the property is zoned C2 Commercial, allowing for a wide range of potential uses. Its prime location ensures high visibility and accessibility, making it ideal for a variety of businesses. Previous uses have included a fueling station, convenience store, and fast-food establishment, demonstrating the property's versatility and suitability for similar ventures. The expansive lot provides ample space for expansion, renovations, or the development of entirely new commercial enterprises. The asking price of $999,000 reflects the significant potential this property offers for investors seeking a strong return on investment in a thriving commercial area. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The property's size and zoning make it an attractive option for a variety of commercial endeavors, promising a lucrative investment for the right buyer. Its strategic location in Exeter, CA, ensures high visibility and accessibility, attracting a substantial customer base.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $480,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $490,000
- 6.5%
- $510,000
- 7%
- $530,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $565,000
- Geo Method
- $505,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $600,000
- Mixed-Use
- $550,000
- Hospitality
- $630,000
- Educational
- $590,000
- Residential Income
- $550,000
- Energy
- $605,000
- Income-Based Land
- $600,000
- Food Service
- $625,000
Location Insight
- Map
- Local Demand
- City
- Exeter
- County
- Tulare
- State
- California
- Longitude
- -119.118
- Latitude
- 36.2537
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA