2801 Airport Dr Madera, CA 93637-8739
- Commercial real estate
- 4,945 SF
- 1.00 lot acres
Current Use by Public Records
- Fresno Flight Training / Flight School
- Amond World / Storage Facility
- Kneading Hands CMT - Monica / Massage Therapist
- Sagouspe Real Estate / Real Estate Agency
- Bass & Sons / Septic System Service
Property Details for 2801 Airport Dr
- Year built
- 2000
- Construction
- WOOD
- Lot size
- 1.00 lot acres
- Property size
- 4,945 SF
- Property type
- Commercial real estate
- APN
- 013-010-054-000
- APU
- 13010054000
Description
This exceptional Madera, CA property offers a unique investment opportunity for owner-users. Located at 2801 Airport Drive, this 4,945 square foot building boasts a prime location at the corner of Airport Drive and Aviation Drive, providing direct access to the Madera Municipal Airport via Aviation Drive. The property includes a two-story, 4-suite office building, two of which are currently available. A significant advantage is the inclusion of an approximately 3,900 square foot airplane hangar, directly accessible from the runway. This combination of office space and hangar provides unparalleled convenience and functionality. The one-acre lot offers ample parking for the office building and significant potential for future expansion. The property features an Airport Access Agreement, which will be assigned to the new owner. The asking price is $1,300,000, translating to $262.89 per square foot. The property's APN is 013-010-054-000. This is a rare opportunity to acquire a versatile and strategically located commercial property in Madera County, California, zip code 93637. The property is classified as a traditional office building and is ideal for an owner/user seeking a combination of office space and hangar facilities. The property owner will maintain fee title to the land.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $760,000
- 6.5%
- $700,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $620,000
Market price range: $241k - $938k
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Location Insight
- Map
- Local Demand
- City
- Madera
- County
- Madera
- State
- California
- Longitude
- -120.108
- Latitude
- 36.9897
- CBSA code
- 31460
- CBSA name
- MADERA, CA METROPOLITAN STATISTICAL AREA