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    FOR LEASE
    Office buildings

    531 N Alta Ave, Dinuba, CA 93618

    0.56 ac lot Built 1900
    Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-6014391
    Property summary
    AI-generated overview

    This exceptional commercial investment opportunity presents a fully occupied, single-story office building situated on a highly visible corner lot in Dinuba, California. The property boasts a total of 6,215 square feet of well-maintained office space, currently divided into three separate, independently functioning suites, all of which are leased to tenants. The building's strategic location ensures excellent exposure to significant traffic flow, maximizing its potential for both current and future income generation. The generous 0.56-acre lot (24,390 square feet) provides ample parking at the rear of the building, offering convenience for tenants and visitors alike. This property is an ideal investment for those seeking a stable, cash-flowing asset with significant upside potential. The building's current occupancy rate speaks to its desirability and the strong demand for commercial space in this location. The substantial lot size also presents opportunities for future expansion or development, should the need arise. This turnkey investment is ready for immediate ownership and offers a compelling return on investment. The asking price is $1,180,000. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1900
    Lot 0.56 ac (24,390 SF)
    APN 014-340-018-000
    UPID US09-6014391
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Walid S Muharram · 8 yrs held
    Walid S Muharram
    since 2017
    5 recorded transactions
    2022
    2017
    $480,000
    2004
    2004
    $560,000
    1996
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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