20440 Ave 256 Exeter, CA 93221-9347
This exceptional 1.17-acre commercial property, located at 20440 Avenue 256 in Exeter, California, presents a unique investment opportunity. Boasting a substantial 50,965 square feet of space, the property is zoned C2 Commercial, allowing for a wide range of potential uses. Its prime location ensures high visibility and accessibility, making it ideal for a variety of businesses. Previous uses have included a fueling station, convenience store, and fast-food establishment, demonstrating the property's versatility and suitability for similar ventures. The expansive lot provides ample space for expansion, renovations, or the development of entirely new commercial enterprises. The asking price of $999,000 reflects the significant potential this property offers for investors seeking a strong return on investment in a thriving commercial area. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The property's size and zoning make it an attractive option for a variety of commercial endeavors, promising a lucrative investment for the right buyer. Its strategic location in Exeter, CA, ensures high visibility and accessibility, attracting a substantial customer base.
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
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.