8220 Lander Ave Hilmar, CA 95324-8323
This exceptional commercial opportunity presents two adjoining lots totaling 23,775 square feet, ideally situated on the prominent corner of Lander Avenue and 1st Street in Hilmar, California. The property encompasses a sizable 0.55-acre parcel, offering significant potential for a variety of commercial ventures. The two lots are identified by their Assessor's Parcel Numbers (APN): 015-070-030-000 and 015-070-005-000. This prime corner location provides excellent visibility and accessibility, making it an attractive site for businesses seeking high traffic exposure. The property is being offered at $699,000. Prospective buyers are advised to independently verify zoning regulations and building codes with the City of Hilmar and the County of Merced to determine the suitability of the property for their intended use. This is a rare opportunity to acquire a substantial commercial property in a desirable location, offering significant development potential. The expansive lot size allows for considerable flexibility in design and construction, catering to a wide range of commercial applications. Don't miss this chance to secure a valuable asset in a growing community. Act quickly, as opportunities like this are seldom available.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.