7490 Lander Ave Hilmar, CA 95324-9422
- Commercial real estate
- 920 SF
- 0.18 lot acres
Current Use by Public Records
- Century Power Realty / Real Estate Agent
Property Details for 7490 Lander Ave
- Year built
- 1940
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.18 lot acres
- Property size
- 920 SF
- Property type
- Commercial real estate
- APN
- 017-160-001-000
- APU
- 17160001000
Description
This exceptional Hilmar, CA property presents a unique investment opportunity. Located at 7490 Lander Avenue, this 0.18-acre lot boasts a total of 4,450 square feet of improved space. The property includes a beautifully renovated 3-bedroom, 2-bathroom residential home, providing immediate income potential or comfortable living quarters. A substantial 3,300 square-foot commercial building offers ample space for a variety of business ventures. This building is ready for immediate occupancy and is highly adaptable to suit diverse operational needs. Furthermore, the property features a large shop equipped with a 10' x 10' roll-up garage door, ideal for storage, workshop space, or equipment housing. Convenient RV parking and storage facilities are also included, adding to the property's versatility and appeal. The combination of residential and commercial space creates a rare opportunity for significant income generation and flexible usage. This property is priced at $712,000 and represents a strong investment in a thriving community. Don't miss this chance to acquire a property with such impressive features and high potential for return. The property is situated in Hilmar, CA, offering easy access to local amenities and transportation routes. This is a turnkey operation ready for immediate use and income generation.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $165,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $175,000
- Geo Method
- $145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $185,000
- Mixed-Use
- $180,000
- Hospitality
- $190,000
- Educational
- $200,000
- Residential Income
- $160,000
- Energy
- $150,000
- Income-Based Land
- $175,000
- Food Service
- $155,000
Location Insight
- Map
- Local Demand
- City
- Hilmar
- County
- Merced
- State
- California
- Longitude
- -120.85
- Latitude
- 37.3969
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA