Property profile

7490 Lander Ave Hilmar, CA 95324

OFF-MARKET
Commercial real estate
Property ID
US09-2906434
920 SF 0.18 ac lot Built 1940
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Construction TILT-UP CONCRETE
Total area 920 SF
Lot 0.18 ac (7,810 SF)
APN 017-160-001-000
UPID US09-2906434

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

7490 Lander Ave Hilmar, CA 95324-9422
Hilmar metro Census 403 MERCED, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2024
Last sale
$150,000
7 recorded transactions
2024
$654,453
2022
Price N/A
2022
Price N/A
2021
Price N/A
2020
Price N/A
2020
$150,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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