0 Hammett Rd, Modesto, CA 95368
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.
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
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.