Property profile

0 4Th St Alturas, CA 96101

OFF-MARKET
Land
215 ac lot
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Property summary

AI-generated overview

This exceptional 215-acre property in Alturas, California, presents a unique investment opportunity. Strategically located near the intersection of Interstates 299 and 395, it borders 4th Street to the north and is adjacent to the city and airport to the east. The southern and western boundaries are defined by the Pit River and Modoc Refuge. Comprising five parcels (APN: 022-490-019, 022-490-020, 022-490-021, 022-490-022, 022-490-023), this former mill site has undergone comprehensive Phase I and Phase II environmental clearance. Parcel 19 (155.97 acres) features completed wetlands restoration, enhancing waterfowl and upland game habitats in collaboration with the NRCS, USFWS, and DU. All parcels are zoned industrial. Infrastructure includes one domestic well, a large agricultural well with a new pump, damming and water rights to the Pit River, a 5,000 sq ft metal building, and a 6,000 sq ft older tin building. Northern and eastern boundaries are secured with cyclone fencing. Three custom double hunting blinds are also present. Utilities include Pacific Power & Light (electricity and natural gas). The property benefits from proximity to Union Pacific Rail to the south and paved access from 4th Street, as well as the Union Pacific Railroad and Modoc Airport. Asking price: $1,295,000.

Property profile

Verified
Property type Land
Lot 215 ac (9,365,400 SF)

Cap rate & NOI

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

Location

4Th St Alturas, CA 96101
Alturas 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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