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    OFF-MARKET
    Land

    0 Hammett Rd, Modesto, CA 95368

    7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.45-acre commercial land parcel, located in Salida, California, presents a remarkable investment opportunity. Situated off Highway 99 at Hammett Road, the property boasts exceptional visibility and convenient access. The land is zoned C-2, allowing for a diverse range of commercial uses. The seller is actively pursuing full entitlements for a development plan encompassing a gas station, a small retail strip or quick-service restaurant (QSR), and approximately 65,000 square feet of self-storage units. The property includes existing utilities and some improvements. The total acreage is approximately 7.45 net acres, comprised of three parcels (APN: 003-14-07, 003-14-08, 003-14-09). The land value is estimated at $15 to $18 per square foot. This prime location, coupled with the proposed development plan, makes this a highly attractive investment for developers seeking a high-traffic, high-visibility site in a growing market. The property's proximity to Highway 99 ensures significant exposure and accessibility for potential businesses. The zip code is 95368.

    Property profile
    Verified
    Property type Land
    Lot 7 ac (304,920 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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    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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