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Property profile & analytics
OFF-MARKET
Land

73741 Ca-70 Portola, CA 96122

7.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.73-acre commercial parcel presents a unique investment opportunity in Portola, California. Strategically located directly on Highway 70, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The land is zoned for commercial use, offering flexibility for development. The asking price is $359,000, translating to a land value of $46,442.43 per square foot. The property features paved access and a waterfront pond, adding to its appeal and potential value. With its convenient location just 60 miles from Reno, Nevada, this site offers easy access to a larger regional market. The property's APN is 125-030-028, and ownership is held by Delleker LLC. This is a rare chance to acquire a significant commercial land holding in a desirable location with high growth potential. The property's size and highway frontage provide ample space for development, while the proximity to Reno enhances its market appeal. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Land
Lot 7.73 ac (336,719 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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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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