Property profile

304 Walker St Orland, CA 95963

OFF-MARKET
Retail space
Property ID
US09-4925986
6,500 SF 0.58 ac lot Built 2007
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 6,500-square-foot Class A O'Reilly Auto Parts building located at 304 E Walker St, Orland, CA 95963. The property sits on a 0.58-acre lot and boasts a 100% occupancy rate with a credit-rated, corporate-guaranteed tenant. The current lease, a Net Lease (NNN) with the landlord responsible only for slab and walls, commenced September 1, 2007, and has a remaining term of approximately 9.4 years, expiring April 30, 2034. A recent 10-year lease extension was executed, securing the property's income stream well into the future. The lease includes a 5% rent increase in year 6, providing built-in growth. The property generates a Net Operating Income (NOI) of $139,090, resulting in a 5.25% cap rate. Built in 2007 with all-block construction, this single-story building enjoys a prime location on a major retail thoroughfare in Orland, experiencing high daily traffic volume from both Walker Street and the proximity to Interstate 5. Nearby businesses include Round Table Pizza, State Farm, and several other national retailers. This is a rare opportunity to acquire a stable, high-performing investment with a strong tenant and significant remaining lease term. The property's location, tenant quality, and lease terms make it an attractive investment for discerning buyers. The asking price is $2,650,000, translating to a price per square foot of $407.69. The lease includes a 1-5 year option.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction WOOD
Total area 6,500 SF
Lot 0.58 ac (25,264 SF)
Zoning code C-2
APN 041-090-024-000
UPID US09-4925986

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

304 Walker St Orland, CA 95963-2200
Orland metro Census 10101
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.18M

Owner & transaction history

since 2025
Last sale
$2.1M
4 recorded transactions
2025
$2.1M
2013
Price N/A
2007
Price N/A
2007
Price N/A

Zoning & alternative use

C-2 · Orland, CA
Zoning description

The community commercial or C-2 zone is intended to apply to areas where more complete commercial facilities are necessary for community convenience

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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