21249 Hwy Middletown, CA 95461
This exceptional 6,900 square foot, two-story building situated on a 32,234 square foot lot in Middletown, CA, presents a unique investment opportunity. Currently operating as a fully occupied church with offices and a sizable event room including a well-equipped kitchen, the property offers immediate income potential. The strategic location on Highway 175 boasts high visibility, with over 3,200 vehicles passing daily, and proximity to Highway 29, adding to its appeal. The property benefits from dual R1 and R2 zoning, unlocking possibilities for multi-family development. This versatile property is ideal for a variety of uses, from a family compound to a lucrative multi-family investment. The asking price is $875,000, translating to $126.81 per square foot. The property's address is 21249 Hwy 175, Middletown, CA 95461. This prime location in Lake County offers both immediate utility and significant long-term potential. Don't miss this chance to acquire a property with diverse development options in a high-traffic area.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.