Property profile

999 Hazel St Gridley, CA 95948

OFF-MARKET
Retail space
Property ID
US10-3241568
4,602 SF 0.14 ac lot Built 1962
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 999 Hazel Street in the heart of Historic Downtown Gridley, California, presents a fantastic opportunity for entrepreneurs. Boasting 4,602 square feet on a 0.14-acre lot, this general commercial building is ideally suited for a variety of uses, including restaurants, bakeries, coffee shops, or retail establishments. The property is currently partially occupied, with one unit already leased, providing immediate income potential. The vacant unit offers a blank canvas for your business vision. The building features central heating and air conditioning for year-round comfort, along with two bathrooms for convenience. Separate utility meters ensure efficient cost management. All necessary updates have been completed, eliminating the need for extensive renovations and allowing you to focus on establishing and growing your business. This move-in ready space offers a compelling blend of historic charm and modern functionality, making it an exceptional investment in a thriving downtown location. The asking price is $375,000. Don't miss this chance to secure a prime commercial space in the desirable Gridley market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Construction TILT-UP CONCRETE
Total area 4,602 SF
Lot 0.14 ac (6,098 SF)
Zoning code C1
APN 009-201-014-000
UPID US10-3241568

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
  • (Bike/Boat/Book/etc) Store

Location

999 Hazel St Gridley, CA 95948-2113
Gridley metro Census 3501 CHICO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$165k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2021
Last sale
$252,000
7 recorded transactions
2021
$252,000
2018
$200,000
2017
Price N/A
2017
Price N/A
2014
Price N/A
2013
Price N/A
2012
Price N/A

Zoning & alternative use

C1 · Gridley, CA

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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