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    FOR SALE
    Auto shops

    840 W Elm Ave, Coalinga, CA 93210

    7,644 SF 1 ac lot Built 1958
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US09-3219554
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dow Welding & Mechanical General Contractor
    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
    Kenneth A Dow JR · 5 yrs held
    Kenneth A Dow JR
    since 2021
    Last sale
    $175,500
    3 recorded transactions
    2021
    1996
    $175,500
    1987
    Zoning & alternative use
    M1 · Coalinga, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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