12± AC Commercial/Residential Development Land

Overview

Highlights

• Located in the heart of town within a strong growth market(+11.29% population growth since 2010)
• Above national average household income ($99,769 within three miles)
• Area retailers include: Lucky Market, Safeway & Target

Description

UNDER CONTRACT

ASKING PRICE: $3,900,000

This property consists of 12.75 AC on the east side of Hollister, CA. The surrounding area is mostly residential with some industrial. There is very little commercial/retail in the immediate area (a Target on the south end of town). The property is rectangular in shape and somewhat landlocked with only access off Meridian Street. This parcel holds incredible opportunity for the development of both residential and commercial.

Location

Located within the San Benito County, this property is approximately 45 miles southeast of San Jose. The largest employers in the San Benito county are Earthbound Farm ( 1,000+ employees), Hazel Hawkins Memorial Hospital (250-499 employees), Milgard (250-499), Pacific Scientific (250-499) and San Benito High School (250-499). The retail in the market appears to have a low vacancy rate (2.8%).

In cooperation with Joel Wynton, Licensed California Broker# 01756158.

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