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    OFF-MARKET
    Land

    42378 Patricia Ln, Greenfield, CA 93927

    121 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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