Property summary
Exceptional investment opportunity: a 22,200-square-foot single-story warehouse in Hamilton City, CA. This property, located at 310 Walsh Ave, 95951, boasts a substantial 0.98-acre lot and offers a projected annual net operating income (NOI) of $242,360, resulting in a compelling pro-forma capitalization rate of 22.44%. Built in 1950 and renovated in 2017, the building is currently vacant and zoned M (M-Industrial), providing flexibility for various industrial or warehouse uses. The asking price is $1,080,000, translating to $48.65 per square foot. Features include 20 parking spaces and a gross lease structure. Previously used as a skate ball event center, this property presents a unique chance for owner-users or investors seeking strong returns. The property's assessed parcel number (APN) is 032-092-006-000. A potential gross rent of $266,400 is projected based on a $1 per square foot rate. This is a single-unit property.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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