1400 Orchard RdHollister, CA 95023

Property Details for 1400 Orchard Rd

Year built

1952

Construction

WOOD

Lot size

11.35 AC

Property size (Sq ft)

1,737 SF

Property type

Office properties

Property subtype

Office buildings

APN

016-070-034-000

APU

16070034000

Description

This exceptional commercial property, located at 1400 Orchard Road in Hollister, California, presents a unique investment opportunity. The single-tenant retail building encompasses 1,737 square feet and sits on a substantial 11.35-acre lot. Built in 1952, the property boasts 35 total parking spaces and is equipped with heavy power, making it suitable for a variety of uses. The zoning is designated as AP. The property's strategic location on Orchard Road, which runs parallel to CA State Route 152, offers excellent visibility and accessibility. State Route 152 provides convenient access to Interstate 5, connecting Hollister to major transportation arteries serving Gilroy, San Jose, and Silicon Valley. While the listing focuses on the existing 1,737 square foot retail space, the expansive lot size presents significant potential for future development or expansion. The property's ample space and heavy power capabilities make it ideal for businesses requiring significant power and storage. The property is located in San Benito County, California, with a zip code of 95023. This is a rare opportunity to acquire a large parcel with existing improvements in a desirable location. Further details and pricing are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $520,161

  6.5%

  $480,148

  7%

  $445,852

• Comparable approach

  Method

  Valuation

  Relative Method

  $484,467

  Geo Method

  $484,467

• Alternative Use

  Use

  Valuation

  Residential

  $595,384

  Hospitality

  $545,369

  Educational

  $453,740

  Medical

  $469,345

  Retail

  $705,818

Location Insight

City

Hollister

County

San Benito

State

California

Latitude

36.9484

Longitude

-121.373

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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