40325 Highway 41Oakhurst, CA 93644

Property Details for 40325 Highway 41

Year built

1971

Construction

TILT-UP CONCRETE

Lot size

0.46 AC

Property size (Sq ft)

4,200 SF

Zone code

CUM

Property type

Strip malls

Property subtype

Neighborhood centers

APN

065-080-021-000

APU

65080021000

Description

This exceptional 4,200 square foot office building is ideally situated in the heart of downtown Oakhurst, California, at 40325 Highway 41. The property boasts a prime location, offering excellent visibility and accessibility for businesses. The building itself is exceptionally well-maintained, presenting a ready-to-occupy opportunity for a variety of office uses. Sitting on a sizable 0.46-acre lot, the property provides ample space for parking and potential future expansion. The building's 4,200 square feet offer a versatile layout suitable for a range of office configurations, catering to the needs of both small and medium-sized businesses. Its strategic location in downtown Oakhurst ensures proximity to a variety of amenities, including restaurants, retail establishments, and other essential services. This presents a unique opportunity to acquire a well-established and well-maintained office building in a thriving commercial area. The asking price for this exceptional property is $630,000. Serious inquiries are encouraged to explore this compelling investment opportunity further. Don't miss out on this chance to own a prime piece of Oakhurst commercial real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $1,355,102

  6.5%

  $1,250,863

  7%

  $1,161,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,556,290

  Geo Method

  $2,423,630

• Alternative Use

  Use

  Valuation

  Residential

  $1,055,150

  Hospitality

  $966,512

  Educational

  $804,126

  Medical

  $831,781

  Retail

  $1,250,863

Location Insight

City

Oakhurst

County

Madera

State

California

Latitude

37.333

Longitude

-119.65

CBSA code

31460

CBSA name

MADERA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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