12972 Ave Myers Flat, CA 95554
This exceptional mixed-use property, located at 12972 Avenue of the Giants in Myers Flat, California, presents a unique investment opportunity. Priced at $129,900, this 0.50-acre lot boasts two buildings totaling 1,326 square feet. The main structure features a second-floor, one-bedroom, one-bathroom apartment (approximately 567 square feet) above a ground-floor storage area of equal size. A separate, smaller building (approximately 192 square feet) sits at the front, ideal for office or retail use. The property is zoned commercial, offering versatility and potential for various business ventures. The town of Myers Flat recently upgraded its water system, ensuring reliable infrastructure. Nearby recreational amenities include Hidden Springs and Burlington campgrounds, and the Eel River is within easy reach. Adjacent land is also available for purchase, suitable for uses such as trucking, storage, or other industrial applications. This property is a rare find in a desirable location, offering a blend of residential and commercial potential. Built in 1961, the property consists of two buildings across two stories. The property is priced at $97.96 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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