338 D St Lemoore, CA 93245-2942
This exceptional 10,720-square-foot retail property is located at 338 W D Street in the heart of Lemoore, California's charming downtown area. The building boasts a fully renovated, modern storefront with high-end fixtures and interior design. It was custom-built and renovated for a cannabis dispensary tenant, adhering to the highest standards of construction. Importantly, this property holds a rare and valuable permit for on-site consumption, a first-of-its-kind designation in the state, opening up diverse future business possibilities beyond its current use. The building's prime location on a tree-lined street, complemented by an adjacent garden featuring murals, a fountain, and a sitting area, places it at the center of Lemoore's shopping district. Its accessibility is further enhanced by its proximity to major highways – just one mile from Highway 198 and two miles from Highway 41. Ample on-site surface parking, along with readily available city parking directly in front, ensures convenient access for customers. Prominent signage further enhances visibility and accessibility. The property sits on a 0.24-acre lot. Offered at $2,800,000.
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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
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Property description
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Risks
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