2145 Kennedy St, Madera, CA 93637
This exceptional 37,400 square foot vacant lot presents a prime redevelopment opportunity in Madera, CA. Located on a signalized hard corner at the intersection of West Kennedy Street and the Ellis Street overpass, this property boasts excellent ingress and egress, ensuring high visibility and accessibility. The site benefits from its strategic location near major retailers such as Starbucks, Home Depot, Les Schwab Tire, Best Western, and Verizon, as well as convenient access to Highway 99 and the Madera Airport. The existing infrastructure is complete, with curbs, gutters, sidewalks, sewer, and water already in place. The property's zoning requires rezoning, making it suitable for a variety of uses, including fast-food restaurants, banks, cell phone stores, car washes, or convenience stores. Previously occupied by a 1700 square foot home (currently month-to-month rental), the seller is currently subdividing the parcel to leave approximately 37,400 square feet on the corner. The land value is $21.36 per square foot, with an asking price of $999,000. An additional 24,000 square foot parcel is also available on Ellis Avenue. This high-profile location, coupled with its heavy traffic volume and immediate freeway access, makes this a truly exceptional investment opportunity. The property is a single-story building built in 1973, requiring a complete tear-down and redevelopment. The parcel number is 013-270-017.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.