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527 Sunrise Ave Madera, CA 93638-3825

OFF-MARKET Medical Office Space Google Maps
1,397 SF 0.44 ac lot Built 1968
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value (blended)
$535k
Range $482k – $589k (±10%)
Property ID US09-2086519

Property summary

AI-generated overview

This Madera, CA retail property, located at 527 Sunrise Ave, 93638, presents a unique investment opportunity. The 1,397 sq ft building sits on a 0.44-acre lot (19,166 sq ft) and includes a thriving grocery store and liquor store business. The business boasts strong monthly gross sales of $100,000 with a 30% margin, supplemented by substantial check-cashing revenue ($500,000-$800,000 annually at a 1% fee). Additional income streams are generated from a house rental ($1,500/month) and taco truck rental ($750/month). The property operates with three employees and holds a valuable 21 - Off-Sale General License, permitting the sale of alcoholic beverages for off-premises consumption. The asking price is $1,900,000 ($1,360.06/sq ft). This turnkey operation offers diverse income streams and significant potential for growth within a spacious lot. The property features one building, one unit, and is a single-story structure. The APN is 011-092-002. This is an exceptional opportunity to acquire a well-established business with substantial revenue and a strong foundation for future expansion.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1968
Construction TILT-UP CONCRETE
Total area 1,397 SF
Lot 0.44 ac (19,166 SF)
APN 011-092-002-000
UPID US09-2086519

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant
  • Grocery & Convenience Store
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k

Owner & transaction history

since 2021
Last sale
$800,000
4 recorded transactions
2021
$800,000
2016
Price N/A
2016
$700,000
2007
Price N/A

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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