Property profile

982 Hobsonway Blythe, CA 92225

OFF-MARKET
Gas stations
Property ID
US09-0222850
12,420 SF 2.11 ac lot Built 1947
Individually Owned 15-yr Hold Absentee Owner Free & Clear
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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

Location

982 Hobsonway Blythe, CA 92225-1815
Blythe metro Census 46200 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$1.07M

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2004
$70,000

Zoning & alternative use

M1 · Blythe, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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