For Sale
$2,250,000

281 Merced St Dinuba, CA 93618

High-yield industrial property in Dinuba, CA

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a prime 12,952 square foot industrial property located at 281 W Merced St, Dinuba, CA 93618. The Dinuba Commercial Center boasts a strong 3.95% cap rate, generating a net operating income (NOI) of $88,814. Comprising two buildings and four individual units, this Class B property offers versatile space ideal for owner-occupancy or continued rental income. Built in 1989, the property sits on a substantial 39,000 square foot lot zoned C-4, allowing for a variety of uses. The complex includes a three-bay self-service car wash and a concrete parking lot with 15 stalls. The property's strategic location provides excellent Alta Avenue frontage, enhancing visibility and accessibility. This is a rare opportunity for a 1031 exchange, offering a solid return on investment in a thriving market. The property features a gross lease structure and is currently privately owned. The asking price is $2,250,000. This is a first-time market offering, presenting a unique chance to acquire a well-established and profitable industrial center.

Highlights

  • Prime 12,952 SF industrial property in Dinuba, CA.
  • Strong 3.95% cap rate with $88,814 NOI.
  • Two-building, four-unit Class B property, ideal for owner-occupancy or rental.
  • 39,000 SF lot, C-4 zoning, built in 1989.
  • Includes a three-bay car wash and 15-space parking lot.
  • Excellent Alta Avenue frontage.

Property Details for 281 Merced St

Property type
Warehouses, Industrial properties
Square Feet
12,952 SF
Class
B
Year Built
1989
Buildings
2
Units
4

Location Insight

City
Dinuba
County
Tulare
State
California
Latitude
36.5418428
Longitude
-119.3944305
281 Merced St, Dinuba, California

FAQs

What type of property is this?
Warehouse - High-yield industrial property in Dinuba, CA
Where is the warehouse located?
The property is located at 281 Merced St Dinuba, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime 12,952 SF industrial property in Dinuba, CA.; Strong 3.95% cap rate with $88,814 NOI.; Two-building, four-unit Class B property, ideal for owner-occupancy or rental.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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281 Merced St
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