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Property profile & analytics
OFF-MARKET Estimated value $2,950,000
Community centers

191 San Felipe Rd Hollister, CA 95023-3064

2.4 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1390243
Property summary
AI-generated overview

Hollister Gateway, located at 191 San Felipe Rd, Hollister, CA 95023, offers a diverse range of office spaces totaling 29,648 square feet across 18 suites. This multi-tenant property is situated in a high-growth area of Hollister, near the intersection of San Felipe Rd and Santa Ana Rd, providing excellent visibility and accessibility. The property benefits from its proximity to Highway 25 and Highway 156, ensuring convenient access for employees and customers. The location is further enhanced by its close proximity to Amazon's new facilities and new residential construction, guaranteeing a strong and growing customer base. Current co-tenants include a diverse mix of established businesses such as Straw Hat Pizza, Animal Hospital of Hollister, El Rinconcito Mexican Food, and Happy Cafe Chinese Food, among others. The property is also adjacent to a recently renovated area featuring national tenants like McDonald's, Starbucks, and Taco Bell, creating a vibrant and attractive commercial environment. One available space of 1,632 square feet is currently available. Attractive incentives and promotional opportunities are available for new tenants. This property is ideal for a variety of businesses, including restaurants, retail establishments, and office users. The property's high foot traffic and negotiable lease terms make it a compelling opportunity.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Lot 2.4 ac (104,544 SF)
APN 051-090-011-000
UPID US09-1390243
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Barone's Westlakes Balloons and Gifts (Bike/Boat/Book/etc) Store Florist
  • Country Groomers Pet Grooming Service
  • Dr. Sylvia Morgan Physician
  • Alpha Stucco Solutions General Contractor Renovation Specialist
  • Hair Creations Salon and Spa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.95M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.95M
Owner & transaction history
Bips Investment LLC · 1 yrs held
Bips Investment LLC
since 2024
Last sale
$3.0M
4 recorded transactions
2024
$5.9M
2023
Price N/A
2023
$3.0M
1997
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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