202 5th St Hollister, CA 95023-3902
This exceptional 0.04-acre lot at 202 5th Street, Hollister, CA, presents a remarkable opportunity for owner-users, builders, or investors. Strategically situated in the heart of downtown Hollister, just one block from San Benito Street and nestled on the corner of 5th and East Streets, this property boasts a highly desirable location with excellent visibility and accessibility. The lot is zoned Downtown Mixed Use, offering unparalleled flexibility. This zoning designation permits the development of both commercial and residential spaces, creating a multitude of possibilities. An owner-user could construct a ground-floor commercial space for their business, complemented by residential living quarters on the upper floors. Alternatively, this property is ideally suited for an investment venture, allowing for the creation of income-generating commercial and residential rental units. The asking price of $190,000 represents a compelling investment in a thriving downtown area with significant growth potential. Don't miss this chance to acquire a versatile property in a prime Hollister location. The property's size and zoning make it an attractive proposition for a variety of development plans. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.