338 D StLemoore, CA 93245
- Retail properties
- 10,720 SF
Property Details for 338 D St
- Year built
- 1959
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.24 AC
- Property size (Sq ft)
- 10,720 SF
- Property type
- Retail properties
- Property subtype
- Banks
- APN
- 020-054-014-000
- APU
- 20054014000
Description
This exceptional 10,720-square-foot retail property is located at 338 W D Street in the heart of Lemoore, California's charming downtown area. The building boasts a fully renovated, modern storefront with high-end fixtures and interior design. It was custom-built and renovated for a cannabis dispensary tenant, adhering to the highest standards of construction. Importantly, this property holds a rare and valuable permit for on-site consumption, a first-of-its-kind designation in the state, opening up diverse future business possibilities beyond its current use. The building's prime location on a tree-lined street, complemented by an adjacent garden featuring murals, a fountain, and a sitting area, places it at the center of Lemoore's shopping district. Its accessibility is further enhanced by its proximity to major highways – just one mile from Highway 198 and two miles from Highway 41. Ample on-site surface parking, along with readily available city parking directly in front, ensures convenient access for customers. Prominent signage further enhances visibility and accessibility. The property sits on a 0.24-acre lot. Offered at $2,800,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,234,010
- 6.5%
- $2,062,163
- 7%
- $1,914,866
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,587,247
- Geo Method
- $7,534,586
-
Alternative Use
- Use
- Valuation
- Residential
- $1,739,512
- Hospitality
- $1,593,383
- Educational
- $1,325,676
- Medical
- $1,371,268
- Retail
- $2,062,163
Location Insight
- City
- Lemoore
- County
- Kings
- State
- California
- Latitude
- 36.302
- Longitude
- -119.786
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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