Property profile

16360 State Hwy Cobb, CA 95426

OFF-MARKET
Commercial real estate
2,650 SF 0.69 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional 2,650 square foot commercial property, situated on a 0.69-acre lot at 16360 State Highway 175 in Cobb, CA, presents a compelling investment opportunity. The property comprises a three-unit strip mall ideal for office or retail spaces, a one-bedroom apartment, a dedicated storage area, and a charming two-room log cabin offering additional space for office or retail use. Its prime location in the heart of Cobb, directly on the main highway, ensures excellent visibility and accessibility. The property benefits from a large parking area and prominent signage opportunities. The idyllic setting adjacent to Kelsey Creek provides a tranquil and picturesque environment. Convenience is maximized with proximity to a gas station, post office, supermarket, pizza restaurant, and coffee shop, all within walking distance. Currently, only one office space is rented, generating an estimated annual income of $42,000. However, the property's significant potential for increased occupancy and rental income is undeniable. While some upgrading is needed, this presents a chance to enhance the property's value and maximize its return on investment. This is a rare opportunity to acquire a multi-use property in a thriving community with strong potential for growth.

Property profile

Verified
Property type Commercial real estate
Year built 1950
Total area 2,650 SF
Lot 0.69 ac (30,056 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16360 State Hwy Cobb, CA 95426
Cobb metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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