41632 Road 128 Orosi, CA 93647
- Specialty properties
- 0.50 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 41632 Road 128
- Lot size
- 0.50 lot acres
- Property type
- Specialty properties
- APN
- 023-065-027-000
- APU
- 23065027000
Description
This exceptional commercial property, located at 41632 Road 128 in Orosi, California, presents a unique investment opportunity. Situated on a half-acre lot with desirable road frontage near the intersection of Avenue 416 and Road 128, the property boasts two structures. The main building is a substantial 2,294 square foot chapel, previously utilized for funeral home services, featuring two bathrooms. A second structure, a 1,120 square foot house, is also included, although it requires significant renovations to become habitable. The property is zoned Commercial (C-2), offering a wide range of potential uses. Importantly, the sale includes a deed restriction prohibiting future use of the property for funeral or cemetery-related activities. This opens the door for creative redevelopment and adaptation to various commercial ventures. The prime location and substantial square footage make this property an attractive prospect for entrepreneurs and investors seeking a versatile commercial space in a growing area. The existing structures provide a solid foundation for a variety of commercial projects, allowing for customization and expansion to meet specific business needs. Serious inquiries are encouraged to explore the possibilities this property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $145,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $105,000
- 6.5%
- $95,000
- 7%
- $105,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $100,000
- Geo Method
- $115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $100,000
- Retail
- $90,000
- Mixed-Use
- $100,000
- Hospitality
- $90,000
- Educational
- $90,000
- Residential Income
- $105,000
- Energy
- $100,000
- Income-Based Land
- $95,000
- Food Service
- $100,000
Location Insight
- Map
- Local Demand
- City
- Orosi
- County
- Tulare
- State
- California
- Longitude
- -119.287
- Latitude
- 36.5455
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA