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    OFF-MARKET
    Specialty properties

    17950 State Highway 120, Groveland, CA 95305

    2,888 SF 4.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.2-acre commercial property in Big Oak Flat, CA, boasts 2,888 square feet and prime highway frontage on State Highway 120. Currently generating rental income from two existing homes ($900/month each, month-to-month tenancy), this property presents a unique opportunity. One home is a site-built structure, while the other is a manufactured home. The property's strategic location directly across from the upcoming "Yonder Yosemite" development significantly enhances its future potential. This single APN parcel includes two addresses: 17950 and 17960 State Highway 120. The existing rental income can help offset development costs, making this a compelling investment opportunity with significant upside. The property is easily accessible, situated past the local post office. This mixed-use zoning allows for diverse development possibilities, capitalizing on the high traffic count and proximity to Yosemite National Park. The asking price is $475,000.

    Property profile
    Verified
    Property type Specialty properties
    Total area 2,888 SF
    Lot 4.2 ac (182,952 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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