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    FOR SALE
    Office Spaces

    22070 Palo Way, Palo Cedro, CA 96073

    5,461 SF 0.4 ac lot Built 1995
    Individually Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US10-2594764
    Property summary
    AI-generated overview

    This exceptional mixed-use property in Palo Cedro, CA, offers 5,460 square feet across two buildings on a 0.4-acre lot. Building #1, a 2,950-square-foot single-story structure, features an open retail/office space with a private office, kitchenette, and bathroom. Fresh paint and new flooring enhance this versatile area. Building #2, a 2,500-square-foot two-story building, includes a 1,450-square-foot warehouse with an 8x8 roll-up door and a bathroom. The upstairs area (1,050 sq ft) boasts two private offices, a large multi-functional area, and two bathrooms, all recently updated. The property benefits from six electric meters, allowing for efficient division into multiple units. Located less than a mile from Highway 44, it enjoys convenient access to local amenities, including restaurants, banks, and schools. The C2 zoning permits multiple operations, making this a rare and highly desirable investment opportunity in a thriving community. Built in 1992 and renovated in 2024, this property presents a compelling blend of established infrastructure and modern updates. The asking price is $680,000, with a price per square foot of $124.54. The property includes 17,424 square feet of land and features central heating and air conditioning in both buildings.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1995
    Construction WOOD
    Total area 5,461 SF
    Lot 0.4 ac (17,424 SF)
    Zoning code C-2
    APN 059-110-042-000
    UPID US10-2594764
    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
    Current use
    Occupant on record · Public records
    • Palo Cedro Garden Supply Factory Industrial Manufacturer
    • Innovative Viewing Systems Pet Store Pet Store & Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $578k
    Blend (final) Blend
    $585k
    Owner & transaction history
    Brian J Mollath · 7 yrs held
    Brian J Mollath
    since 2018
    7 recorded transactions
    2021
    2018
    2016
    $517,000
    2012
    2008
    $577,500
    2007
    $210,000
    2004
    $415,000
    Zoning & alternative use
    C-2 · Palo Cedro, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $910,000 +33.6%
    Medical building $790,000 +16.4%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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