22060 Olivas Ave Nuevo, CA 92567
This exceptional 18.3-acre mixed-use property in Nuevo, CA presents a remarkable development opportunity. The property boasts 2,508 square feet of newly renovated ranch-style living space, complete with updated electrical, plumbing, a new water heater, video surveillance, network connections, and fresh interior finishes including paint, drywall, flooring, cabinets, and countertops. The home also features low-maintenance landscaping and a new sprinkler/irrigation system. Exterior improvements include a detached three-car garage and two steel garage barns. City water and all utilities are conveniently located on-site, supplemented by a private well. The expansive lot offers 1261 feet of frontage and is zoned CPS, making it ideal for various commercial ventures. Its strategic location less than three miles from the planned Villages of Lakeview (8,725 homes) and near the KB Homes Nuevo Meadows development (238 homes) ensures high growth potential. Furthermore, the property's proximity to the new 16-mile Mid County Parkway corridor enhances accessibility and connectivity. This unique combination of residential comfort and significant commercial development potential makes this property a truly exceptional investment.
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.