287 E Hermosa St, Lindsay, CA 93247
For Sale
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This ±2,878 square foot freestanding office building is situated on a ±0.258-acre lot in Lindsay, California, at 287 E Hermosa St, 93247. The property boasts excellent street frontage and visibility, offering ample parking with five on-site stalls and additional street parking. Previously used as an accountant's office, the interior features a versatile open layout including a lobby, reception area, numerous large private offices, a breakroom, storage closet, and two restrooms. The building is well-maintained and offers significant potential for customization to suit a variety of needs. The property is conveniently located between CA-65 and CA-137, serving a population of approximately 174,644 residents within a 10-mile radius. The building is equipped with Ethernet/phone cabling throughout and is wireless internet ready. This presents an exceptional opportunity for owner-user occupancy or leasing, with potential for leasing out a portion of the space. The property is a strong candidate for an SBA loan. With a down payment of $36,000, the monthly payment is less than the cost of leasing comparable space. The building's prominent location and ample parking ensure a strong presence and excellent visibility within the community. The surrounding area features quality tenants, further enhancing the property's desirability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CC · Lindsay, CALindsay. Always verify with local authorities before improvements.
Costs & Benchmarks
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.