Property profile

583-595 Collier Way Etna, CA 96027

OFF-MARKET
Retail properties & Spaces
1 ac lot
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Property summary

AI-generated overview

This exceptional commercial property in Etna, California, presents a lucrative investment opportunity. Located on a highly visible corner lot at the intersection of State Highway 3 and Collier Way, this 1-acre complex boasts 11 rental units, nine of which are currently occupied, generating immediate income. Recent extensive renovations include four new electrical panels, updated plumbing and sewer systems, four new bathrooms, new carpeting and vinyl flooring, a new sprinkler system, drywall repairs, new hot water heaters, a new garage enclosure, and landscaping improvements. The roof has undergone partial replacements in 2013 and 2018. Ten units feature mini-split heating and air conditioning systems, while one unit is equipped with a heat pump. Each unit includes its own bathroom. Ample parking is provided with approximately 30 spaces, including newly installed ADA-compliant paved parking. The property's strategic location on two main roads leading into Etna offers excellent accessibility and visibility, making it an ideal investment for discerning buyers seeking a well-maintained, income-producing asset in a desirable rural setting. The asking price is $745,000.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

583-595 Collier Way Etna, CA 96027
Etna 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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