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    OFF-MARKET
    Commercial land

    625 Locust St, Garberville, CA 95542-3206

    0.17 ac lot
    Individually Owned 32-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-1782547
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two adjacent commercial lots totaling just under a quarter-acre (0.23 acres) located at 625 & 637 Locust Street, Garberville, CA 95542. Conveniently situated on the east side of the freeway, this property offers unparalleled accessibility and visibility. The combined lots are zoned for commercial use, providing a blank canvas for a diverse range of development possibilities. The asking price for this combined parcel is $121,500. This represents a significant opportunity to acquire a strategically located commercial property in a growing area. The property's location offers excellent exposure and potential for high returns. Note that an additional, similarly sized lot is also available across the street (MLS #263785), presenting the potential for even larger-scale development. This combined offering presents a rare chance to secure a substantial footprint in a desirable commercial zone. The property's size and location make it ideal for a variety of commercial ventures. Serious inquiries are encouraged to explore the full potential of this remarkable investment.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.17 ac (7,594 SF)
    Zoning code C-3-Q-D
    APN 032-011-018-000
    UPID US09-1782547
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Donald A Graham · 32 yrs held
    Donald A Graham
    since 1994
    2 recorded transactions
    1994
    1988
    $41,000
    Zoning & alternative use
    C-3-Q-D · Garberville, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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