Property profile

200 Center St Westmorland, CA 92281

OFF-MARKET
Commercial real estate
Property ID
US09-6835386
1,560 SF 0.14 ac lot
Individually Owned 7-yr Hold
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Property summary

AI-generated overview

This exceptional commercial property, situated on a desirable 0.14-acre corner lot at 200 Center Street in Westmorland, California, presents a remarkable investment opportunity. The 1,560 square foot building offers high visibility and easy access due to its prime corner location within a bustling area. Priced affordably at $240,000, this property is perfect for first-time investors seeking an entry point into the commercial real estate market without significant capital outlay. Its versatile nature makes it suitable for a wide range of business ventures. Imagine a thriving retail shop, a small office space, or even a daycare center flourishing in this strategic location. The property's size and location provide ample opportunity for growth and potential increased revenue streams. The building's current condition and potential for renovation or expansion should be assessed through a thorough due diligence process. This is a rare chance to acquire a valuable asset in a dynamic location. Don't miss this chance to secure a strong foundation for your investment portfolio. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers.

Property profile

Verified
Property type Commercial real estate
Total area 1,560 SF
Lot 0.14 ac (6,098 SF)
UPID US09-6835386

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center

Location

200 Center St Westmorland, CA 92281
Westmorland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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