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Property profile & analytics
OFF-MARKET Estimated value $405,000
Manufacturing properties

255 Apollo Way Hollister, CA 95023-2511

2.25 ac lot
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US09-0351699
Property summary
AI-generated overview

This exceptional 31,500-square-foot industrial property in Hollister, CA, presents a compelling investment opportunity. Situated on a 2.25-acre lot, the building, constructed in 1984, is equipped with modern amenities including insulation and a sprinkler system. The robust power infrastructure boasts 1600 amps at 277/480 volts, supporting demanding operations. A significant asset is the included 2-ton crane, spanning 30 feet wide and 80 feet long. Ample parking is available with approximately 32 spaces. The building itself offers multiple functional spaces, including bathrooms and office areas. Utility management is simplified with three gas meters and two electrical meters. The property is zoned M1 for industrial use and features three distinct units. Unit B is currently leased, generating consistent rental income. Unit C encompasses approximately 7,232 square feet, while Unit A offers a substantial 11,397 square feet. Its strategic location near a local airport streamlines shipping and logistics, while its proximity to major highways provides easy access to Silicon Valley, Monterey County, and Santa Cruz County. This property is ideal for businesses seeking a well-equipped, strategically located industrial space with significant operational advantages. Appointments are required for viewing.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 2.25 ac (98,010 SF)
APN 051-154-006-000
UPID US09-0351699
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
  • Stair Service Inc. General Contractor
  • Container Consulting Service Inc. Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k
Owner & transaction history
Simmco LLC · 9 yrs held
Simmco LLC
since 2016
7 recorded transactions
2021
Price N/A
2016
$1.8M
2014
Price N/A
2013
Price N/A
1999
$1.3M
1996
$805,000
1996
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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