1240 Wood St, Willows, CA 95988-2617
This exceptional 3.21-acre commercial land parcel presents a unique investment opportunity in Willows, California. Strategically located directly off Interstate 5, this property boasts unparalleled visibility and accessibility, just one hour north of Sacramento. Situated in the heart of Willows' thriving commercial district, the land is adjacent to established businesses including KFC, La Taqueria, Black Bear Diner, and Chevron, ensuring high traffic and visibility. The property is zoned "Highway Commercial" and offers multiple access points via easements on N Humboldt Ave, and access to CA-162 Freeway. The City of Willows fully supports the development of a hotel on this site, and preliminary plans for an 86-unit (3-story) or 60-unit (2-story) Comfort Inn have already been prepared. The potential for other hotel brands is also available. Further enhancing the property's appeal is the City's allowance for an 80-foot high sign, maximizing visibility from I-5. The surrounding area is experiencing significant growth, with a nearby 38-acre commercial center under development and an adjacent residential project underway. This prime location, coupled with existing infrastructure and city support, makes this a truly exceptional opportunity for hotel development. The APN is 001-041-024-000. The asking price is $1,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.