1101 Hobson Way Blythe, CA 92225
Property profile & analytics
1101 Hobson Way Blythe, CA 92225
- Retail space
- 12,228 SF
- 1.27 lot acres
Property ID
US09-4665626
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dollar General / Discount Store
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
- Sizzler / Restaurant
Property Details for 1101 Hobson Way
- Year built
- 2013
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.27 lot acres
- Property size
- 12,228 SF
- Zone code
- C2
- Property type
- Retail space
- APN
- 851-061-012
- APU
- 851061012
Description
This exceptional investment opportunity presents a fee-simple owned Dollar General located at 1101 E Hobsonway, Blythe, CA 92225. The property boasts a substantial 12,380 square feet on a 1.27-acre lot, featuring 50 parking spaces. Built in 2013, this retail space is situated on a hard corner intersection off I-10, benefiting from high visibility and convenient access. The property is currently 100% occupied under an absolute NNN lease with a corporate guarantee from Dollar General, significantly reducing landlord responsibilities. The lease commenced October 1, 2013, and has a remaining term of 9.7 years, expiring July 31, 2034. Six 5-year lease options are included, with 10% rental increases at the beginning of each option period. The current Net Operating Income (NOI) is $183,762, resulting in a 5.57% cap rate. The asking price is $3,300,000. This property is zoned commercial (APN: 851-061-012) and represents a top 15% performing Dollar General nationwide, according to Placer.AI. The property benefits from limited competition and proximity to the Colorado River. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant upside potential. The property is located in Riverside County.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,280,000
- ML approach
- $3,465,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,920,000
- 6.5%
- $2,695,000
- 7%
- $2,505,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,615,000
- MEDICAL BUILDING
- $3,345,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Blythe
- County
- Riverside
- State
- California
- Longitude
- -114.585
- Latitude
- 33.6112
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$35,490
$634,644
$2,551,789
$3,186,433
-
$0.00
$0.00
$0.00
