Property profile

840 W Elm Ave Coalinga, CA 93210

FOR SALE
Auto shops
Property ID
US09-3219554
7,644 SF 1 ac lot Built 1958
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Coalinga, CA industrial property offers ±16,538 square feet of warehouse space across six buildings situated on a ±1.96-acre lot. The property boasts ±11,444 square feet of warehouse space, ±2,546 square feet of office space, and ±2,548 square feet of open structure. All buildings feature upgraded PG&E, 483-phase electrical service, and multiple gas and water connections. The buildings benefit from 20-foot clear ceiling heights and are fully insulated with skylights. HVAC is installed in the office spaces. Conveniently located near the intersection of West Polk Street and Elm Avenue, this property provides easy access to CA-198. The flexible M-1 zoning allows for a variety of uses. Parcel #840 (1 acre) includes three buildings totaling ±7,594 square feet: a ±3,944 square foot office/warehouse with a half-open warehouse, a ±2,400 square foot clear-span warehouse, and a ±1,250 square foot office. Parcel #800 (0.96 acres) comprises three buildings totaling ±8,944 square feet: a ±1,296 square foot office, a ±5,100 square foot clear-span warehouse, and a ±2,548 square foot overhang covering 0.5 acres. The property's prime location and features make it an ideal alternative to new construction, with additional income potential from RV storage. The asking price is $1,200,000, representing a price per square foot of $72.56. APN: 083-080-84S & 083-080-08S.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1958
Construction TYPE NOT SPECIFIED
Total area 7,644 SF
Lot 1 ac (43,600 SF)
Zoning code M1
APN 083-080-08S
UPID US09-3219554

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
  • General Contractor

Location

840 W Elm Ave Coalinga, CA 93210
Coalinga metro Census 8000 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2021
Last sale
$175,500
3 recorded transactions
2021
Price N/A
1996
$175,500
1987
Price N/A

Zoning & alternative use

M1 · Coalinga, CA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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