1000 Bean Holw Rd Pescadero, CA 94060
- Retail properties
- 74.16 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1000 Bean Holw Rd
- Lot size
- 74.16 lot acres
- Property type
- Retail properties
- APN
- 086-260-010
- APU
- 86260010
Description
This exceptional 74.275-acre property in Pescadero, California, presents a unique investment opportunity. Located at 1000 Bean Hollow Rd, San Mateo County, (zip code 94060), this former Bay City Nursery facility boasts stunning Pacific Ocean views and is conveniently situated approximately half a mile from Cabrillo Highway. The gently sloping land is zoned PAD/CD and is ideal for a variety of agricultural uses, including nursery stock, potted plants, general horticulture, and open-field cultivation. The extensive improvements include over 350,000 square feet of structures, comprising 245,482 square feet of steel-frame greenhouses, 94,000 square feet of agricultural tunnel space, a 5,000-square-foot warehouse, pump houses, boiler rooms, a mobile home, and other outbuildings. A leased cellular communication tower adds to the property's income potential. The property's irrigation system is robust, featuring three on-site wells, booster pump stations, surface ponds with approximately 4.0 acre-feet of capacity, and two holding tanks. This bank-owned foreclosure is offered at a significantly reduced price of $7,850,000. The property's scale and infrastructure make it suitable for continued agricultural use or redevelopment into a magnificent coastal estate. APN: 086-260-010. Ownership: Rabo Agrifinance.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,045,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $960,000
- 6.5%
- $935,000
- 7%
- $990,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,055,000
- Geo Method
- $1,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,125,000
- Retail
- $1,065,000
- Mixed-Use
- $985,000
- Hospitality
- $870,000
- Educational
- $1,040,000
- Residential Income
- $1,130,000
- Energy
- $865,000
- Income-Based Land
- $920,000
- Food Service
- $1,130,000
Location Insight
- Map
- Local Demand
- City
- Pescadero
- County
- San Mateo
- State
- California
- Longitude
- -122.401
- Latitude
- 37.2356
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA