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Property profile & analytics
OFF-MARKET
Commercial real estate

8505 Frazier Lake Rd Hollister, CA 95023

318.15 ac lot
Trust Owned 1-yr Hold
Property ID
US09-2431632
Property summary
AI-generated overview

This expansive 318.15-acre property in Hollister, CA, presents a unique investment opportunity in Northern San Benito County. The land is currently designated under the Williamson Act, resulting in lower property taxes. Two high-capacity irrigation wells are in place, producing approximately 1650 gallons per minute and 2215 gallons per minute, respectively, based on the last recorded tests. A third well casing exists, though it is undeveloped. The fertile soil, identified as Willow clay, has historically supported a wide variety of crops including parsley, onions, tomatoes, bell peppers, carrots, spring mix, broccoli, cabbage, lettuce (various types), safflower, wheat forage mix, sunflowers, and corn. The property's size and irrigation capabilities make it suitable for large-scale agricultural operations. While potential uses for cannabis or hemp cultivation exist, interested parties should independently verify this possibility with San Benito County authorities. This substantial landholding offers significant potential for agricultural entrepreneurs seeking a large, well-irrigated parcel in a productive farming region. The property's current agricultural use and Williamson Act status provide a compelling combination of established productivity and tax advantages. Don't miss this chance to acquire a significant piece of prime farmland.

Property profile
Verified
Property type Commercial real estate
Lot 318.15 ac (13,858,614 SF)
UPID US09-2431632
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Peninsula Open Space Trust · 1 yrs held
Peninsula Open Space Trust
since 2025
3 recorded transactions
2025
$4.8M
2025
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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