37303 Avenue 12 Madera, CA 93636
Property profile & analytics
37303 Avenue 12 Madera, CA 93636
- Commercial land
- 1.01 lot acres
Property ID
US09-5202857
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- FedEx OnSite / Postal Service / Courier Service
- Dollar General / Discount Store
- Western Union / Bank / Credit Union
Property Details for 37303 Avenue 12
- Lot size
- 1.01 lot acres
- Property type
- Commercial land
- APN
- 049-216-020-000
- APU
- 49216020000
Description
This exceptional investment opportunity presents a freestanding Dollar General store building located at 37303 Avenue 12, Madera, CA. The property encompasses 9,026 square feet and sits on a 1.02-acre lot in a high-traffic area. Currently operating under a triple-net lease, the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, maximizing investor returns. The current lease agreement provides a substantial net operating income (NOI) of $139,467 annually, translating to a monthly income of $11,622. This translates to a strong 6% capitalization rate. The existing lease agreement extends until 2030, offering long-term stability and predictable cash flow. Furthermore, the lease includes a valuable 10% rent increase option, providing potential for future income growth. This turnkey investment is ideal for passive income seekers or those looking to diversify their portfolio with a proven, established tenant in a prime location. The property's strong performance metrics and long-term lease make it a compelling opportunity for discerning investors. The building's location on a busy street ensures high visibility and consistent customer traffic, further enhancing its investment potential. This is a rare chance to acquire a stable, high-performing commercial property in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madera
- County
- Madera
- State
- California
- Longitude
- -119.871
- Latitude
- 36.9236
- CBSA code
- 31460
- CBSA name
- MADERA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,633
$407,434
$2,058,628
$2,466,062
-
$0.00
$0.00
$0.00
