1301 I StReedley, CA 93654

  • Industrial properties
  • 3,000 SF
For Sale
$650,000 View listing

Property Details for 1301 I St

Year built
1971
Construction
TILT-UP CONCRETE
Lot size
0.26 AC
Property size (Sq ft)
3,000 SF
Zone code
ML
Property type
Industrial properties
Property subtype
Other warehouses
APN
368-271-13
APU
36827113

Description

This exceptional Reedley, CA industrial property offers a unique investment opportunity. The main building boasts approximately 3,000 square feet of upscale office space, perfectly suited for a variety of businesses. The thoughtfully designed layout includes four individual offices, a dedicated reception area, a large conference room, two restrooms, and substantial storage space. The property sits on a generous 0.26-acre lot (11,250 square feet), providing ample room for expansion or future development. Adding significant value is a separate, tenant-occupied residential unit – a one-bedroom, one-bathroom home – generating consistent rental income. This presents a dual-income stream, enhancing the overall return on investment. The property's location in Reedley offers convenient access to local amenities and transportation routes. Furthermore, there's the potential to acquire the adjacent lot, expanding the property's footprint and unlocking even greater possibilities. This versatile property is ideal for an owner-occupier seeking additional income or an investor looking for a strong cash-flow opportunity. The asking price for this exceptional property is $650,000. Don't miss this chance to own a truly unique and profitable commercial property in a thriving location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $486,804
    Hospitality
    $445,910
    Educational
    $370,992
    Medical
    $383,750
    Retail
    $577,098
1301 I St, Reedley, California

Location Insight

City
Reedley
County
Fresno
State
California
Latitude
36.5925
Longitude
-119.451
CBSA code
23420
CBSA name
FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,842
$147,640
$180,449
$328,089
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