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1010 N Plaza Dr

13,508 SF Industrial Building Visalia, CA 93291 $1,755,000 ($130/SF)

Investment Highlights

  • ±13,500 SF Freestanding Building & ±6.79 AC of Expansion Land
  • Permitted Paint Booth in Warehouse Per California Air Resources Board
  • 24.5' Ceiling Height | (2) 16' x 18' Ground Level Doors
  • (2) Remodeled Offices, Mezzanine Storage, & ±11,500 SF Warehouse
  • 120/208 & 120/240 Volt - 3 Phase Heavy Industrial Power
  • Fully Fenced Yard w/ Exterior Lighting | Concrete Parking

Executive Summary

±13,500 SF steel beam metal freestanding industrial building on ±1.15 AC. The building offers (2) recently remodeled offices, large open warehouse, (2) large mezzanine storage areas, & ±6.79 Ac of expansion land (can be made available). Front office space of ±1,500 SF has (5) private offices, conference room, reception area, open area, & private ADA restroom. Office #2 of ±1,000 SF offers large break area & private restrooms on the bottom floor & an open area with a private office on the top floor. The warehouse space of ±11,500 SF features (2) 16' x 18' roll up doors, (2) reznor heaters, one-spot truck well, 120/208 volt & 120/240 volt 3-phase power, (2) large mezzanine storage areas, LED lighting, (4) indoor cranes, & 24.5 clear height. The building offers fully improved concrete & asphalt, yard & floor drains, fully lit & fenced exterior, pull through truck bay, efficient lighting, skylights, coolers & reznor heaters, & various ADA restrooms. Flexible heavy industrial zoning allows for many uses allowed in this centrally located Industrial area. Thrifty and expedient alternative to new construction by avoiding a lengthy construction time delay, land acquisition/fees, and high construction costs.
Existing paint booth permitted by California Air Resources Board.
Tenant pays $7,968.84/month & has lease in place until Dec 2025.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,755,000
Price Per SF $130
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.25 AC
Rentable Building Area 13,508 SF
No. Stories 1
Year Built 1971
Tenancy Single
Parking Ratio 0.74/1,000 SF
Clear Ceiling Height 24 FT 5 IN
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes

Amenities

  • Bus Line
  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
081-110-062-000
Land Assessment
$84,839
Improvements Assessment
$392,401
Total Assessment
$477,240

zoning

Zoning Code IL (Industrial)
IL (Industrial)
  • Listing ID: 32030958

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 1010 N Plaza Dr, Visalia, CA 93291

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