Property profile

875 El Camino Real Greenfield, CA 93927

FOR SALE
Commercial land
Property ID
US09-3338006
1.22 ac lot
Trust Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.216-acre commercial land parcel presents a prime investment opportunity in Greenfield, California. Located within city limits at 875 El Camino Real, this property boasts 120 feet of frontage on El Camino Real and additional frontage on Thorne Road, ensuring maximum visibility and accessibility. Its Highway Commercial zoning allows for a wide range of commercial uses. The property is situated next to a Shell gas station, providing excellent adjacency to established businesses. Convenient access to Highway 101 is a key advantage, facilitating easy north and south travel. City utilities are already stubbed in, simplifying development. Existing infrastructure includes curb and gutter, minimizing upfront costs. The APN is 109-151-016. This property is offered for sale or ground lease, providing flexibility for potential buyers or investors. The asking price is $800,000. Don't miss this chance to acquire a highly visible and strategically located commercial land parcel in a growing area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.22 ac (53,008 SF)
APN 109-151-016-000
UPID US09-3338006

Cap rate & NOI

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

Location

875 El Camino Real Greenfield, CA 93927
Greenfield metro Census 11204 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2011
6 recorded transactions
2011
Price N/A
1999
Price N/A
1996
$80,000
1969
Price N/A
1969
Price N/A
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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