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    OFF-MARKET
    Commercial land

    2365 Cleveland Ave, Madera, CA 93637-8753

    0.21 ac lot
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US10-3096985
    Property summary
    AI-generated overview

    Two adjacent, shovel-ready commercial office land parcels totaling 0.434 acres are available in Madera, CA, for $922,080. These parcels, located at 2365 W Cleveland Ave, are zoned for professional office use and offer the opportunity to construct two separate 5,424 square foot buildings. All necessary agreements and entitlements are in place, along with architectural plans, making this a highly efficient development opportunity. The property boasts a highly visible location off Cleveland Avenue, approximately ½ mile from CA-99, providing excellent access and exposure. Situated within Cleveland Plaza, the parcels benefit from the presence of established Class "A" office buildings totaling approximately 66,940 square feet on approximately 3.89 acres. The site offers abundant common parking, excellent signage opportunities, and sensible CC&Rs to maintain the quality of the surrounding businesses. The property's strategic location is further enhanced by its proximity to Madera Marketplace, Hallmark Town Center, and The Commons At The Madera Fair, ensuring high consumer traffic and visibility. The nearby development of a significant casino and resort project adds to the area's growth potential. The parcels can be purchased individually or together, offering flexibility for various development scenarios. The easy access to upgraded Highway 99 off/on ramps provides convenient connectivity to major corridors servicing the college, airport, downtown, and schools. This is a unique opportunity to acquire prime commercial land in a thriving area with significant development potential. APN: 013-141-034, 013-141-035.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.21 ac (9,253 SF)
    APN 013-141-026
    UPID US10-3096985
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • WL Plumbing Plumbing Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    MADERA PROFESSIONAL CENTER ASSOCIAT
    MADERA PROFESSIONAL CENTER ASSOCIAT
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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