000 Hwy Milford, CA 96121
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.