Jamestown, Ca high volume commercial . | 18389 Main St
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Jamestown, Ca high volume commercial . 18389 Main St
7,089 SF 26% Leased Retail Building Jamestown, CA 95327 $690,000 ($97/SF) 2.69% Cap Rate
Investment Highlights
- High traffic, tourist, travelers. Perfect for fast food, quick in and out.
Executive Summary
HIGH VISABILITY-HWY 108 frontage in Jamestown CA.: LOCATION LOCATION LOCATION. Very desirable nearly ONE acre offering has 2 apn #s. New asphalt parking lot. ONE building is 5275 sq/ft. 2ND building is 1814 sq/ft vacant home in need of renovating. Rehab one, or both structures and lease at market rates. Move your business into the vacant home and collect the rents or demolish everything to install the highest and best use retail operation. There is plenty of usable ground around the home. Bring your business plans, this location has multiple possibilities. Zoned General Commercial District (C-1). Annual Average Daily Traffic count: 15,600 peaking at 19,200 vehicles.
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$25,200
|
$3.55
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$25,200
|
$3.55
|
| Taxes |
$2,590
|
$0.37
|
| Operating Expenses |
$4,049
|
$0.57
|
| Total Expenses |
$6,639
|
$0.94
|
| Net Operating Income |
$18,561
|
$2.62
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $25,200 |
| Annual Per SF | $3.55 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $25,200 |
| Annual Per SF | $3.55 |
| Taxes | |
|---|---|
| Annual | $2,590 |
| Annual Per SF | $0.37 |
| Operating Expenses | |
|---|---|
| Annual | $4,049 |
| Annual Per SF | $0.57 |
| Total Expenses | |
|---|---|
| Annual | $6,639 |
| Annual Per SF | $0.94 |
| Net Operating Income | |
|---|---|
| Annual | $18,561 |
| Annual Per SF | $2.62 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,089 SF
Year Built/Renovated
1939/1995
Price
$690,000
Price Per SF
$97
Cap Rate
2.69%
NOI
$18,561
Percent Leased
26%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Land Acres
0.93 AC
Zoning
C-1 - General Commercial District
Parking
2.82 Spaces per 1,000 SF Leased
Frontage
193 FT on Main Street
Amenities
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 5,275 SF
- Flex
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,275 SF | Flex | - | Now |
1st Floor
| Size |
| 5,275 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 003-101-035-000 | Total Assessment | $259,343 (2023) |
| Land Assessment | $97,600 (2023) | Annual Taxes | $2,590 ($0.37/SF) |
| Improvements Assessment | $161,743 (2023) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
003-101-035-000
Land Assessment
$97,600 (2023)
Improvements Assessment
$161,743 (2023)
Total Assessment
$259,343 (2023)
Annual Taxes
$2,590 ($0.37/SF)
Tax Year
2021
-
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Jamestown, Ca high volume commercial . | 18389 Main St
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