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Property profile & analytics
OFF-MARKET Estimated value $635,000
Retail space

300 State Ave Shafter, CA 93263-2051

4,983 SF 0.34 ac lot Built 1945
Entity Owned 2-yr Hold Free & Clear
Property ID
US09-2630065
Property summary
AI-generated overview

This exceptional retail property, located at 300 State Avenue in Shafter, California, offers 2,000 square feet of versatile commercial space. Situated on a lot with no acreage, this property is ideal for a variety of retail businesses seeking a high-visibility location. The building's size provides ample room for a storefront, display areas, and back-of-house operations. The property's address on State Avenue ensures excellent street exposure and accessibility for customers. Given its location in Shafter, CA, the property benefits from the area's established commercial activity and potential for growth. The asking price of $2,000 presents a significant opportunity for entrepreneurs and investors alike. This is a rare chance to acquire a well-positioned retail space in a thriving community. The property is ready for immediate occupancy, allowing for a swift start to operations. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is being offered as-is. Further details are available upon request.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction WOOD
Total area 4,983 SF
Lot 0.34 ac (14,810 SF)
Zoning code GC
APN 027-330-05-00-6
UPID US09-2630065
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
$755k
Comparable Approach Comparable
by Request
Blend (final) Blend
$635k
Owner & transaction history
250 Oak LLC · 2 yrs held
250 Oak LLC
since 2023
Last sale
$650,000
2 recorded transactions
2023
$650,000
2012
Price N/A
Zoning & alternative use
GC · Shafter, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

General Commercial (GC) District Neighborhood Commercial (NC) District Downtown Commercial (DC) District Business Park (BP) District Industrial (I) District Agricultural (A) District 2. Determination of Zone District Boundaries a. Wherever a lot or site is divided by a boundary between differing districts, the regulations applicable within each district shal…

Zone name General Commercial
General category COMMERCIAL
Zone area 265.95 ac
Source Zoning Ordinance
Top alternative use upside
Medical building $1.1M +67.5%
Office building $965,000 +54.0%
Auto repair, garage $690,000 +10.3%
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