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    OFF-MARKET
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Simmco LLC · 9 yrs held
    Simmco LLC
    since 2016
    7 recorded transactions
    2021
    2016
    $1.8M
    2014
    2013
    1999
    $1.3M
    1996
    $805,000
    1996
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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