1385 Robertson BlvdChowchilla, CA 93610

Property Details for 1385 Robertson Blvd

Lot size

0.61 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

014-260-026-000

APU

14260026000

Description

This fully equipped, 2,479 square foot restaurant building presents a remarkable investment opportunity in Chowchilla, CA. Located in Fig Tree Plaza, this vacant property boasts a 2023 renovation, a drive-thru, and ample seating for 42 patrons. The building includes a complete beverage system, four operational HVAC units, and a walk-in cooler/freezer combination. The expansive 0.61-acre lot provides 47 parking spaces, ensuring convenient access for customers. Its prime location near the Pheasant Run Golf Club and directly across from the upcoming Rancho Calera master-planned community (a 576-acre development featuring over 2,000 homes and extensive commercial space) offers significant growth potential. The property's former use as a fast-food restaurant provides a solid foundation for a variety of concepts. A lease option may be available depending on the proposed business plan. The asking price is $1,650,000. This turnkey operation is ready for immediate occupancy. The property's APN is 014-260-026.

• CAP approach

  CAP return

  Valuation

  6%

  $8,572,954

  6.5%

  $7,913,496

  7%

  $7,348,246

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,845,756

  Geo Method

  $18,675,512

• Alternative Use

  Use

  Valuation

  Residential

  $6,675,330

  Hospitality

  $6,114,566

  Educational

  $5,087,247

  Medical

  $5,262,206

  Retail

  $7,913,496

Location Insight

City

Chowchilla

County

Madera

State

California

Latitude

37.1271

Longitude

-120.246

CBSA code

31460

CBSA name

MADERA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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