Property profile

32765 Hilltop Blvd Running Springs, CA 92382

OFF-MARKET
Mixed-use properties
2,416 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Total area 2,416 SF

Cap rate & NOI

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

Location

32765 Hilltop Blvd Running Springs, CA 92382
Running Springs 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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