Property profile

20176 Overland Ave Los Banos, CA 93635

OFF-MARKET
Land
13.7 ac lot
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Property summary

AI-generated overview

This exceptional 13.7-acre agricultural parcel presents a unique investment opportunity in Los Banos, California. Located in Merced County, at 20176 Overland Ave, zip code 93635, this property boasts A-1 zoning, offering a wide range of potential uses. Its convenient location adjacent to city limits and established residential areas provides easy access to amenities and infrastructure. The property's address is situated on Overland Avenue, a collector street ensuring convenient ingress and egress. The parcel's APN is 081-100-033-000. The asking price for this remarkable land is $3,425,000. This represents a significant opportunity for developers or investors seeking a prime location for future projects. The existing home on the property will be vacated upon the closing of escrow. The property's proximity to established housing suggests strong potential for development, while its agricultural zoning offers flexibility for various uses. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this exceptional property.

Property profile

Verified
Property type Land
Lot 13.7 ac (596,772 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20176 Overland Ave Los Banos, CA 93635
Los Banos metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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