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Property profile

22060 Olivas Ave Nuevo, CA 92567

OFF-MARKET
Mixed-use properties
Property ID
US10-2153460
2,508 SF 18.3 ac lot Built 1967
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Year built 1967
Total area 2,508 SF
Lot 18.3 ac (797,148 SF)
UPID US10-2153460

Cap rate & NOI

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

Location

22060 Olivas Ave Nuevo, CA 92567
Nuevo metro
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Value estimations

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Owner & transaction history

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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