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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

551 Spruce Rd Exeter, CA 93221-9708

5,950 SF 2.02 ac lot Built 1933
Entity Owned 2-yr Hold Free & Clear
Property ID
US09-1096976
Property summary
AI-generated overview

This exceptional single-tenant industrial property, located at 551 N Spruce, offers 8,484 square feet of versatile space ideal for a variety of businesses. Situated in Tulare County, this warehouse boasts a functional layout designed for efficiency and productivity. The property includes two well-appointed offices, providing ample space for administrative tasks and management. One office measures 367 square feet, while the second offers 280 square feet of dedicated workspace. Loading and unloading are simplified with three convenient roll-up doors: two measuring 10 feet by 12 feet, and a larger 12-foot by 14-foot door, ensuring easy access for larger equipment or shipments. A restroom is conveniently located within the warehouse for employee use. The property's single-tenant occupancy provides a streamlined operational environment, minimizing complexities and maximizing control. This is a prime opportunity to acquire a well-maintained and strategically located industrial space in a thriving area. The combination of ample square footage, convenient features, and desirable location makes this property an attractive investment for businesses seeking a functional and efficient workspace. This warehouse is ready for immediate occupancy and presents a unique chance to establish or expand your operations in a prime Tulare County location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1933
Total area 5,950 SF
Lot 2.02 ac (87,991 SF)
APN 134-040-085-000
UPID US09-1096976
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Island Drilling INC · 2 yrs held
Island Drilling INC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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