Property profile

206 Main St Murphys, CA 95247

OFF-MARKET
Investment properties
Property ID
US09-5603688
8.6 ac lot
Trust Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10.66-acre commercial property, located at 206 Main Street in the thriving town of Murphys, California, presents a once-in-a-lifetime development opportunity. Situated in the heart of this popular Northern California tourist destination, the property boasts an unparalleled location on Main Street, offering 1100 feet of prime road frontage along two streets. The property consists of three separate parcels, all zoned C-1, providing significant flexibility for a variety of commercial ventures. The land itself is remarkably flat and usable, making development straightforward. The property includes a historic farmhouse dating back to the 1800s, along with several additional outbuildings, offering potential for adaptive reuse or expansion. Murphys Creek flows through the length of the property, adding to its unique character and appeal. This is the last remaining undeveloped parcel of prime Main Street real estate, representing an exceptional chance to significantly expand and enhance the commercial landscape of Murphys. With its size, location, and zoning, this property is ideal for developers seeking a high-impact project in a vibrant and sought-after community. The 10,000 square foot building offers ample space for various commercial uses. This is a truly remarkable opportunity to acquire a significant piece of Murphys' history and future.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 8.6 ac (374,616 SF)
APN 068-018-031-000
UPID US09-5603688

Cap rate & NOI

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

Location

206 Main St Murphys, CA 95247
Murphys metro Census 122
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2017
1 recorded transaction
2017
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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