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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    26063 Ave 17 Madera, CA 93638-0674

    • Strip malls
    • 3,600 SF
    • 0.34 lot acres
    OFF-MARKET
    Last Sale
    Mar 07, 2024
    $475,000
    Value Estimations
    $435,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-3207686
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chavita's Cafe / Coffee Shop
    • The Come Up Kickz / Shoe Store
    • Kayla's Beauty Salon / Beauty Salon
    • Heart SR22 Insurance / Insurance Agency

    Property Details for 26063 Ave 17

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.34 lot acres
    Property size
    3,600 SF
    Zone code
    MHA
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    036-190-014-000
    APU
    36190014000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $475,000
      ML approach
      $475,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $307,000
      Market price range: $194k - $818k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $475,000
      Current use
      COMMERCIAL (GENERAL)
      $515,000
      Change: +9% Conversion: Easy
      MEDICAL BUILDING
      $380,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Madera
    County
    Madera
    State
    California
    Longitude
    -120.073
    Latitude
    36.9966
    CBSA code
    31460
    CBSA name
    MADERA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,531
    $29,271
    $271,065
    $300,336
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $515,000
      2,016 SF

      404 Cleveland Ave

      SHOPPING CENTER, STRIP CENTER • 2,016 SF
      404 Cleveland Ave, Madera, CA 93638
      View Details
    • Value Estimation
      $530,000
      10,532 SF

      300 Yosemite Ave

      SHOPPING CENTER, STRIP CENTER • 10,532 SF
      300 Yosemite Ave, Madera, CA 93638-3627
      View Details
    • Value Estimation
      $315,000
      2,660 SF

      219 D St

      SHOPPING CENTER, STRIP CENTER • 2,660 SF
      219 D St, Madera, CA 93638-3734
      View Details
    • Value Estimation
      $685,000
      0.25 Acres

      231 Yosemite Ave

      SHOPPING CENTER, STRIP CENTER • 0.25 Acres
      231 Yosemite Ave, Madera, CA 93638
      View Details
    • Value Estimation
      $270,000
      4,512 SF

      719 D St

      SHOPPING CENTER, STRIP CENTER • 4,512 SF
      719 D St, Madera, CA 93638-4724
      View Details
    • Value Estimation
      $270,000
      4,512 SF

      715 D St

      SHOPPING CENTER, STRIP CENTER • 4,512 SF
      715 D St, Madera, CA 93638
      View Details

    Similar Nearby for Sale

    • $895,000

      Mixed-Use Investment Opportunity in Madera

      Updated convenience store with residential duplex in a growing community.
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      Madera Retail Center Investment

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      Madera Retail Property For Sale

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    • $1,650,000
      1,397 SF

      Sunrise Market Business and Real Estate

      Established market with real estate, license, and diverse income streams.
      527 Sunrise Ave, Madera, CA 93638
      View Details
    • Contact for pricing
      18.00 Acres

      Avenue 17

      Land • 18.00 Acres
      0 Avenue 17, Madera, CA 93638
      View Details
    • Contact for pricing

      Madera County Commercial Land

      Prime 52,380 sq ft lot, Mixed-Use Zoning
      13384 Road 29, Madera, CA 93638
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      10,000 SF

      Crossroads Shopping Center Suites

      Prime Retail & Office Space Available
      1410 Yosemite Ave, Madera, CA 93638
      View Details
    • $14 SF/Yr
      17,666 SF

      Madera Retail Center - Prime Location

      17,666 SF Retail/Office Space Available
      1410 Country Club Dr, Madera, CA 93638
      View Details
    • Contact for pricing
      8,766 SF

      Madera Retail Space Available

      Retail space available for lease in Madera, California.
      29532 Avenue 12, Madera, CA 93638
      View Details
    • Contact for pricing
      28,560 SF

      Retail Space in Madera, CA

      Retail property available for lease in Madera, California.
      1311-1329 Country Club Dr, Madera, CA 93638
      View Details
    • Contact for pricing
      323,140 SF

      Avenue 17

      Land • 323,140 SF
      0 Avenue 17, Madera, CA 93638
      View Details
    • $0.85 SF/Yr
      3,700 SF

      Retail Space in Madera, CA

      Commercial retail spaces available in Madera, California.
      401 N E St, Madera, CA 93638
      View Details
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    26063 Ave 17
    Madera, CA 93638-0674
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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