625 Locust St, Garberville, CA 95542-3206
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.
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
C-3-Q-D · Garberville, CAGarberville. 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.