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Property profile & analytics
OFF-MARKET Estimated value $3,155,000
Retail space

1912 State Hwy 65 Wheatland, CA 95692-9000

42,000 SF 4.84 ac lot Built 2007
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US09-3230546
Property summary
AI-generated overview

Settler's Village Center in Wheatland, CA, presents a compelling investment opportunity. This prominent 42,000-square-foot retail center, constructed in 2007, enjoys a prime location directly on CA Highway 65, ensuring high visibility and traffic. The property comprises two buildings, 1912 and 1920, both included in the sale. A significant anchor tenant, Dollar General, occupies the 1920 building, providing stable income and attracting further clientele. The 1912 building is currently undergoing lease-up. The center features a diverse range of versatile spaces suitable for various retail businesses. Recent upgrades include a newer roof and HVAC systems, minimizing immediate maintenance needs. The property sits on a 4.84-acre lot, offering ample space and potential for future expansion or development. This well-maintained shopping center offers a strong return on investment potential due to its location, existing tenancy, and recent improvements. The asking price reflects a substantial price improvement, making this an attractive opportunity for discerning investors seeking a stable and growing retail portfolio addition. The property's strategic location and strong anchor tenant make it an ideal investment for long-term growth and profitability.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction TILT-UP CONCRETE
Total area 42,000 SF
Lot 4.84 ac (210,830 SF)
Zoning code C-3
APN 015-640-010-000
UPID US09-3230546
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.45M
Blend (final) Blend
$3.16M
Owner & transaction history
Settlers Village Center LLC · 19 yrs held
Settlers Village Center LLC
since 2007
4 recorded transactions
2018
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-3 · Wheatland, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

33.020 Principal permitted uses. § 18.33.030 Permitted accessory uses. § 18.33.040 Conditional uses. § 18.33.050 Height regulations. § 18.33.060 Area, lot coverage, and yards. § 18.33.070 Other conditions. Chapter 18.36 C-3 HEAVY COMMERCIAL DISTRICT § 18.36.010 Purpose of district. § 18.36.020 Principal permitted uses. § 18.36.030 Permitted accessory uses. §…

Zone name Heavy Commercial
General category COMMERCIAL
Zone area 66.92 ac
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