13384 Road 29Madera, CA 93638

Property Details for 13384 Road 29

Construction

WOOD

Lot size

1.16 AC

Property size (Sq ft)

1,913 SF

Zone code

CRM

Property type

Grocery and convenience stores

APN

034-165-022-000

APU

34165022000

Description

This exceptional 52,380 square foot commercial lot presents a unique built-to-suit ground lease opportunity in Madera County, California. Strategically located near Highway 99, this property boasts unparalleled access to major California cities including Fresno, Bakersfield, Merced, and Modesto, leveraging one of the state's busiest trucking routes for optimal logistical advantages. Zoned for Commercial-Residential Mixed Use (CRM), the land offers immense flexibility for a diverse range of development projects. The area is experiencing significant growth, with new residential developments attracting a burgeoning workforce and expanding consumer base. This translates to a robust local talent pool and a consistent consumer market, creating a highly favorable environment for businesses. The property's excellent visibility and convenient freeway access further enhance its appeal. Existing infrastructure includes readily available utilities and sewer services. The surrounding area features a blend of established businesses and new residential communities, creating a dynamic and vibrant atmosphere. This prime location, coupled with its proximity to schools, neighborhoods, and essential services, makes it an ideal site for a thriving mixed-use development. The opportunity to create a truly special project in the heart of Madera's growth is undeniable. Prospective lessees are advised to independently verify utility availability and permitted uses with Madera County.

• CAP approach

  CAP return

  Valuation

  6%

  $617,216

  6.5%

  $569,738

  7%

  $529,043

• Comparable approach

  Method

  Valuation

  Relative Method

  $708,853

  Geo Method

  $1,344,558

• Alternative Use

  Use

  Valuation

  Residential

  $480,596

  Hospitality

  $440,223

  Educational

  $366,260

  Medical

  $378,857

  Retail

  $569,738

Location Insight

City

Madera

County

Madera

State

California

Latitude

36.9434

Longitude

-120.02

CBSA code

31460

CBSA name

MADERA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].