21321 State Highway 175 Middletown, CA 95461
Exceptional investment opportunity in Middletown, CA, featuring a prime .25-acre commercial lot (10,981 sq ft) situated on State Highway 175. This strategically located property boasts excellent visibility and accessibility, positioned within two blocks of the intersection with Highway 29, placing it in the heart of Middletown's commercial district. The lot benefits from its proximity to two thriving commercial complexes, including the well-known Red Barn, which houses numerous businesses. The property offers significant frontage on Highway 175, ensuring easy access for potential developments. Recently cleared, the lot is ready for construction, with readily available water, sewer, and electricity connections. The C2 zoning allows for a wide range of commercial uses, presenting nearly limitless possibilities for development. The seller is open to considering financing options for the land purchase. All construction projects will require approval from Lake County. This is a rare opportunity to acquire a highly desirable commercial lot in a growing area. Don't miss out on this chance to build your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.