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    FOR SALE
    Industrial properties

    684 E Citrus St, Lindsay, CA 93247

    3,200 SF 0.5 ac lot Built 1900
    Individually Owned 28-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-5971681
    Property summary
    AI-generated overview

    This exceptional industrial property in Lindsay, CA, presents a unique investment opportunity. Encompassing approximately 5,800 square feet across three buildings situated on a 0.5-acre lot, this multi-tenant property offers significant potential. The main structure boasts approximately 4,400 square feet of clear-span warehouse space, complemented by a 1,400 square foot apartment. A substantial 3,000 square foot shop area with a 1,400 square foot office and a 15-foot-tall basement adds to the versatility. An additional 1,000 square foot lean-to provides further storage or workspace. The property features a 14-foot ceiling height, is fully insulated with skylights, and benefits from 200-amp 3-phase power and LED lighting. Permits for remodeling the office space have already been secured by the previous owner. Located on Citrus Street, the property enjoys excellent visibility and convenient access to CA-65, providing easy connectivity to CA-137 and other major transportation arteries. The flexible PD-M-1 (Limited Manufacturing) zoning allows for a variety of uses. The asking price is $275,000, translating to $47.41 per square foot. Built in 1900, this property offers a blend of established infrastructure and significant upside potential. The property's APN is 215-370-013.

    Property profile
    Verified
    Property type Industrial properties
    Use group HEAVY INDUSTRIAL
    Year built 1900
    Total area 3,200 SF
    Lot 0.5 ac (21,780 SF)
    APN 215-370-013-000
    UPID US09-5971681
    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
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    Comparable Approach Comparable
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    by Request
    Owner & transaction history
    Roy Macomber · 28 yrs held
    Roy Macomber
    since 1998
    3 recorded transactions
    1998
    $35,000
    1997
    1994
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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