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    42378 Patricia Ln Greenfield, CA 93927

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    For Sale
    Contact for pricing

    121 Acres, Highway 101 Access, Versatile Uses

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 121-acre parcel presents a unique investment opportunity in Greenfield, California. Strategically located off U.S. Highway 101, this expansive land offers a blend of commercial and industrial zoning, allowing for a diverse range of development possibilities. Potential uses include retail establishments, quick-service restaurants, hotels, and various industrial applications, catering to a broad spectrum of investors and developers. The property benefits from convenient access to both northbound and southbound U.S. Highway 101 exits, ensuring excellent visibility and accessibility. Situated just south of Salinas, this prime location offers significant potential for growth and return on investment. Furthermore, this land is part of the approved South End Annexation Project, which includes the addition of 149 single-family residential units, further enhancing the area's appeal and future development prospects. While the closest services along U.S. Highway 101 are approximately 11 miles away, the property's strategic location and zoning make it an attractive proposition for businesses seeking a prominent presence in a growing community. This is a rare opportunity to acquire a substantial land holding with significant development potential in a desirable California location. The property's size and versatility make it ideal for large-scale projects or a portfolio of smaller developments. Detailed zoning information and development plans are available upon request.

    Property Features for 42378 Patricia Ln

    General Information

    Property type
    Land
    Lot Size
    5,270,760 SF

    HighLights

    • 121‑acre parcel in Greenfield, CA, offering commercial and industrial zoning for diverse development opportunities.
    • Part of the approved South End Annexation Project, including 149 new single‑family homes.
    • Excellent highway access with convenient exits to both northbound and southbound US Highway 101.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Food Market Accounting Firm Electronics Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Monterey
    State
    California
    Longitude
    -121.2292031
    Latitude
    36.3089778

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    FAQs

    What type of property is this?
    Land - 121 Acres, Highway 101 Access, Versatile Uses
    Where is this land located?
    The property is located at 42378 Patricia Ln Greenfield, CA.
    What are key features of this property?
    This property features: 121-acre parcel in Greenfield, CA, offering commercial and industrial zoning for diverse development opportunities.; Part of the approved South End Annexation Project, including 149 new single-family homes.; Excellent highway access with convenient exits to both northbound and southbound US Highway 101.
    Request Owner's contact information
    42378 Patricia Ln Greenfield, CA 93927
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    Greenfield, CA 93927
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    42378 Patricia Ln Greenfield, CA 93927
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