Updated Sep 28, 2026
Louay Diablo Purchases Retail Property In Pioneer From Alfred Reali For $1.8M
22500 California Highway 88
$1,800,000
$639/SF
Building Size
2,816 SF
Asset Type
Retail
Closing
Sep 24, 2026
About this deal
AI
The retail property located at 22500 California Highway 88 in Pioneer has been sold for $1,800,000. This asset spans 2,816 square feet, resulting in a price per square foot of $639.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $1,800,000
- Address: 22500 California Highway 88
- Market: Pioneer
- Square Footage: 2,816
- Price per Square Foot: $639
- Buyer: Louay Diablo
- Seller: Alfred Reali
- Brokers: Timothy Haves & Ryan Lipert - Petroleum Realty Group
This transaction highlights the expertise of Petroleum Realty Group in the market, with notable representation by Timothy Haves and Ryan Lipert. The firm specializes in gas station and car wash transactions and has over 15 years of experience in Northern California.
On the Map
$1,800,000
$639/SF
Retail
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Players
Pioneer Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93