Property profile

42378 Patricia Ln Greenfield, CA 93927

OFF-MARKET
Land
121 ac lot
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Property summary

AI-generated overview

This exceptional 121-acre parcel presents a unique investment opportunity in Greenfield, California. Strategically located off U.S. Highway 101, this expansive land offers a blend of commercial and industrial zoning, allowing for a diverse range of development possibilities. Potential uses include retail establishments, quick-service restaurants, hotels, and various industrial applications, catering to a broad spectrum of investors and developers. The property benefits from convenient access to both northbound and southbound U.S. Highway 101 exits, ensuring excellent visibility and accessibility. Situated just south of Salinas, this prime location offers significant potential for growth and return on investment. Furthermore, this land is part of the approved South End Annexation Project, which includes the addition of 149 single-family residential units, further enhancing the area's appeal and future development prospects. While the closest services along U.S. Highway 101 are approximately 11 miles away, the property's strategic location and zoning make it an attractive proposition for businesses seeking a prominent presence in a growing community. This is a rare opportunity to acquire a substantial land holding with significant development potential in a desirable California location. The property's size and versatility make it ideal for large-scale projects or a portfolio of smaller developments. Detailed zoning information and development plans are available upon request.

Property profile

Verified
Property type Land
Lot 121 ac (5,270,760 SF)

Cap rate & NOI

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

Location

42378 Patricia Ln Greenfield, CA 93927
Greenfield metro
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Value estimations

Realmo proprietary · 4 methods
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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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