Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

281 W Merced St 12,952 SF 98% Leased Retail Building Dinuba, CA 93618 $1,489,000 ($114.96/SF) 8.45% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Alta Avenue Frontage
  • 4 Industrial Rental Spaces
  • 3 Bay Self Service Car Wash

EXECUTIVE SUMMARY

First time on the market!
The Dinuba Commercial Center includes 4 industrial rental spaces and 3 bay self service Car Wash. Concrete parking lot with 15 parking stalls. Long term tenants that are month to month. Great location on Alta Avenue. Seller with carry 1st trust deed @ 6.85% interest rate, interest only for 3 years, month payments.

ATTACHMENTS

DOC091725

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $194,365 $15.01
Other Income - -
Vacancy Loss - -
Effective Gross Income $194,365 $15.01
Taxes - -
Operating Expenses - -
Total Expenses $68,581 $5.30
Net Operating Income $125,784 $9.71

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $194,365
Annual Per SF $15.01
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $194,365
Annual Per SF $15.01
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $68,581
Annual Per SF $5.30
Net Operating Income
Annual $125,784
Annual Per SF $9.71

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,952 SF
Building Class
C
Year Built
1989
Price
$1,489,000
Price Per SF
$114.96
Cap Rate
8.45%
NOI
$125,784
Percent Leased
98%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.75 AC
Zoning
C-4 - Commercial mixed use
Parking
15 Spaces (1.04 Spaces per 1,000 SF Leased)
Frontage
337’ on Alta Ave

AMENITIES

  • Monument Signage
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Dutch Bros
Bobby Salazer's
Starbucks
Mechanics Bank
Bank of America
Bank of Montreal
Bank of the Sierra
Grocery Outlet
IHOP
Perko's Cafe

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
017-010-065-000
Land Assessment
$110,308 (2025)
Improvements Assessment
$341,238 (2025)
Total Assessment
$451,546 (2025)
  • Listing ID: 33690453

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 281 W Merced St, Dinuba, CA 93618

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}