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Property profile & analytics
OFF-MARKET
Commercial real estate

21120 Ferretti Rd Groveland, CA 95321

1.93 ac lot
Property ID
US09-5402754
Property summary
AI-generated overview

This exceptional 1.93-acre commercial lot, identified as Lot 3 in Airport Estates, presents a unique investment opportunity in Groveland, California. Located at 21120 Ferretti Road, this property boasts convenient access via Ferretti Road and taxi access, offering significant logistical advantages. The lot is zoned R1A1, providing flexibility for various commercial developments. The asking price is $399,000, translating to a land value of $4.75 per square foot. The Assessor's Parcel Number (APN) is 093-290-003-000. The seller provides a site plan and proposed drawings illustrating a potential hangar/residence combination, although these drawings are for illustrative purposes only and are not to scale. This property's prime location and zoning make it ideal for entrepreneurs and developers seeking a strategic foothold in the growing Groveland market. The combination of accessibility and development potential makes this a compelling investment opportunity. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land parcel. The property is situated in Tuolumne County, California, with a zip code of 95321.

Property profile
Verified
Property type Commercial real estate
Lot 1.93 ac (84,071 SF)
APN 093-290-003-000
UPID US09-5402754
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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