16360 State Hwy Cobb, CA 95426
- Commercial real estate
- 2,650 SF
- 0.69 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16360 State Hwy
- Year built
- 1950
- Lot size
- 0.69 lot acres
- Property size
- 2,650 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cobb
- County
- Lake
- State
- California
- Longitude
- -122.721
- Latitude
- 38.8238
