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Property profile & analytics
OFF-MARKET Estimated value $1,270,000
Commercial land

3141 Sierra St Riverbank, CA 95367-2436

13,625 SF 0.57 ac lot Built 1951
Trust Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US10-2278417
Property summary
AI-generated overview

This exceptional 31,250 square foot mixed-use lot presents a remarkable investment opportunity in Riverbank, California. Located at 3117 & 3141 Sierra St., zip code 95367, this property is zoned for mixed-use development, allowing for a diverse range of possibilities. The asking price is $750,000, translating to a land value of $24 per square foot. The expansive lot size provides ample space for a creative development project. Envision a vibrant commercial space on the lower level, seamlessly integrated with residential units above – or any other configuration that suits your vision. The property's location within an established area ensures high visibility and accessibility. Currently unfenced, the lot allows for easy access and inspection at your convenience. This is a rare chance to acquire a substantial mixed-use parcel in a thriving California community, offering significant potential for both immediate and long-term returns. The property is situated in Stanislaus County and offers a unique opportunity to create a dynamic and profitable venture. Don't miss this chance to shape the future of this prime Riverbank location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,625 SF
Lot 0.57 ac (25,000 SF)
APN 132-011-053-000
UPID US10-2278417
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.27M
Owner & transaction history
Degroot Jerry & B 2006 Trust · 20 yrs held
Degroot Jerry & B 2006 Trust
since 2006
3 recorded transactions
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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