32765 Hilltop Blvd Running Springs, CA 92382
This exceptional investment opportunity presents a nearly 5-acre mixed-use property located at 32765 Hilltop Boulevard, Running Springs, CA 92382. The property boasts 2,416 square feet of existing building space currently utilized as a sawmill yard and a successful retail store selling various wood products. The business, AE Wood Products, is also available for acquisition separately, offering a potential turnkey operation. This unique property benefits from both industrial and residential zoning, providing immense flexibility for future development. Its prime location offers easy access to Snow Valley, a popular ski resort recently acquired by Alterra Mountain Company, signaling significant future growth in the area. The property's proximity to other desirable mountain towns like Lake Arrowhead and Lake Gregory further enhances its appeal and potential for increased value. This is a rare chance to own a substantial parcel of land with established business operations in a rapidly developing mountain community. The asking price for this remarkable property is $2,995,000. This presents a compelling investment opportunity with significant upside potential.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.