31559 Us Hwy 74 Homeland, CA 92548-9275
This 620-square-foot retail property, situated at 31559 US Highway 74 in Homeland, California, presents a compelling investment opportunity. The property sits on a 0.18-acre lot and is being offered at $359,900. It's important to note that the property is being sold "AS IS," meaning the seller will not undertake any repairs or modifications prior to the sale. This presents a unique chance for a buyer to acquire a commercial space at a competitive price and customize it to their specific needs and vision. The property requires some work, making it ideal for an investor or business owner willing to invest in renovations and improvements. Given its location on US Highway 74, the property benefits from high visibility and potential for significant foot traffic, making it a suitable location for a variety of retail businesses. The asking price reflects the need for renovations, offering a potentially lucrative return on investment for the right buyer. Serious inquiries are encouraged to act quickly, as this property is expected to sell rapidly. The property's address is 31559 US Highway 74, Homeland, CA. Further details are available upon request.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CPS · Homeland, CAHomeland. Always verify with local authorities before improvements.
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.