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Property profile & analytics
OFF-MARKET
Gas stations

601 Laneva Blvd Avenal, CA 93204-1537

0.45 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US09-2721919
Property summary
AI-generated overview

This exceptional commercial land opportunity presents 19,545 square feet of prime real estate located at 601 E Laneva Blvd, Avenal, CA 93204 (APN 040191001). Situated in Kings County, this property boasts a highly desirable location at the entrance to Avenal's commercial downtown district, offering excellent visibility and accessibility. The lot is zoned for Commercial Downtown District use, providing a wide range of development possibilities. The property features significant highway frontage on Highway 33, ensuring high traffic exposure for any future business. While an existing building is present on the site, it is currently not occupiable. Interested parties should contact the City of Avenal directly to inquire about the requirements and possibilities for utilizing or redeveloping the existing structure. This large corner lot presents a unique chance to establish a thriving business in a vibrant commercial area. The asking price for this exceptional property is $199,900. Don't miss this opportunity to secure a prominent location in Avenal's bustling commercial heart.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Lot 0.45 ac (19,545 SF)
APN 040-191-001-000
UPID US09-2721919
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Walid S Muharram · 5 yrs held
Walid S Muharram
since 2020
Last sale
$65,000
7 recorded transactions
2020
$65,000
1998
$12,500
1995
Price N/A
1995
$10,000
1994
Price N/A
1993
$139,832
1991
$165,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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