24919 State Hwy 108 Mi Wuk Village, CA 95346-9714
This exceptional .44-acre commercial lot presents a unique investment opportunity in the thriving Mi-Wuk Village, California. Strategically located on State Highway 108, this property boasts high visibility and convenient access for businesses. Its prime location is directly across the street from Olsons Electronics, ensuring significant foot traffic and brand recognition potential. The property is zoned for commercial use, offering a wide range of development possibilities. A significant advantage is the availability of standby water; the current owner maintains this right by paying an annual fee of $150 to Sierra Village Water. While power is not directly on the property, it is readily accessible nearby, simplifying utility connections for future development. This parcel represents a rare chance to acquire a well-situated commercial lot in a desirable location, ready for immediate development or future investment. The asking price of $45,000 makes this an attractive proposition for entrepreneurs and investors seeking a foothold in the growing Mi-Wuk Village market. The property's address is 24919 State Highway 108, Mi-Wuk Village, CA 95346. This is a truly exceptional opportunity not to be missed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
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.