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Property profile & analytics
OFF-MARKET
Land

000 Hwy Milford, CA 96121

5.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.1-acre commercial land parcel in Milford, California (zip code 96121), presents a unique investment opportunity. Located at 000 Highway 395, Lassen County, this property boasts a picturesque setting with Mill Creek flowing along its western border. The land is comprised of diverse terrain, including approximately one-third creek and trees, one-third meadowland, and the remaining portion designated as upland building sites. Offering stunning views of Honey Lake Valley and the Sierra Nevada mountains, this property is ideally situated for various commercial ventures. The previous owner considered developing a truck stop, highlighting its potential for high-traffic commercial use. The property's convenient location provides easy access to Susanville (30 minutes away) and Reno (one hour away). Adding to its versatility, the land is divided into two legal parcels, offering flexibility in development plans. The asking price is $199,000, and financing options may be available. This is a rare opportunity to acquire a beautiful and strategically located commercial property with significant development potential.

Property profile
Verified
Property type Land
Lot 5.1 ac (222,156 SF)
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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