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Property profile & analytics
OFF-MARKET Estimated value $1,070,000
Gas stations

982 Hobsonway Blythe, CA 92225-1815

12,420 SF 2.11 ac lot Built 1947
Individually Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US09-0222850
Property summary
AI-generated overview

This exceptional commercial property in Blythe, CA presents a rare investment opportunity. The expansive 12,420 square foot building sits on a sizable 2.11-acre lot, offering significant versatility. The property features a generous amount of open industrial space ideal for warehousing, manufacturing, or similar uses, complemented by multiple office spaces suitable for administrative functions or separate tenant occupancy. Its location on the busiest street in Blythe ensures high visibility and substantial foot traffic, a significant advantage for any business. The strategic placement next to the town's only grocery stores further enhances its appeal and potential for customer interaction. The entire property is fully fenced, providing enhanced security and peace of mind. This feature also opens possibilities for future expansion, allowing for the addition of storage facilities or other supplementary structures to meet evolving business needs. The substantial size of the lot and the building's adaptable layout make this property suitable for a wide range of commercial enterprises. This is a unique chance to acquire a high-traffic, well-located commercial building with ample space and development potential in a thriving community. Don't miss this chance to establish your business in a prime location. The asking price is $350,000.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION WITH FOOD MART
Year built 1947
Total area 12,420 SF
Lot 2.11 ac (91,911 SF)
Zoning code M1
APN 854-020-011
UPID US09-0222850
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.07M
Owner & transaction history
John C Gallo · 15 yrs held
John C Gallo
since 2011
2 recorded transactions
2011
Price N/A
2004
$70,000
Zoning & alternative use
M1 · Blythe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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