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Property profile & analytics
OFF-MARKET
Retail space

202 5th St Hollister, CA 95023-3902

0.04 ac lot
Individually Owned 18-yr Hold Free & Clear
Property ID
US09-1286296
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.04 ac (1,700 SF)
APN 054-120-014-000
UPID US09-1286296
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Milton J French · 18 yrs held
Milton J French
since 2007
3 recorded transactions
2007
Price N/A
2002
Price N/A
1997
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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