Property profile

0 Merritt Dr & 6 St Parcel Traver, CA 93631

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel presents a prime development opportunity. Strategically located off Highway 99 in Tulare County, this property boasts significant frontage on a major north-south route with an impressive 80,000 Average Daily Traffic (ADT). Zoned C-2/Mixed Use, the site offers unparalleled flexibility for a wide range of commercial developments. A build-to-suit option allows for customized construction to meet specific business needs. This is a single-tenant property, ideal for businesses seeking high visibility and accessibility. The property's location ensures strong exposure to a large volume of daily traffic, making it an attractive investment for businesses seeking a high-traffic location. Further enhancing its appeal, additional parcels are available for potential expansion or complementary development. This presents a unique chance to secure a prominent location on a busy highway, perfect for establishing a new business or expanding an existing one. Contact us for pricing and to explore the possibilities of this exceptional commercial land offering. Parcel number 3.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Location

Merritt Dr & 6 St Parcel Traver, CA 93631
Traver metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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