california commercial property

Travelers’ Rest Stop in Central California Becomes Newest Auction on FRE.com

Located about 40 miles north of Bakersfield along Interstate 5 and Paso Robles Highway 46 is the Lost Hills RV Park, a welcomed pit stop for road warriors and the newest auction on the Freedom Realty Exchange (FRE.com). Lost Hills is small but thriving town in central California with many of its residents working in the local agricultural or oil businesses.

As an alternative choice to a traditional real estate sale, online auctions can be especially effective for sellers wanting to dispose of their property but are not willing to chase the market. An auction creates a trading platform that brings the buyer and seller together in such a way that depth of market emerges and fair market value is realized.

“With properties similar to this RV Park, an online auction appeals to buyers, both local and out of state, because of its convenience and the fair and open bidding conditions”, said LFC’s Director of Operations Ryan Devin. “It also gives the seller a way to gauge market demand and make an informed decision based upon the bids received.”

Located about 40 miles north of Bakersfield along Interstate 5 and Paso Robles Highway 46 is the Lost Hills RV Park, a welcomed pit stop for road warriors and the newest auction on the Lost Hills RV Park sits on over 9 acres with 80 pads and the following amenities:

  • Swimming pool
  • Convenience and supply store
  •  Playground
  • Dog walk area
  • Horse motel
  • Deluxe showers
  • Laundry facilities

As with all of the auctions on the Freedom Realty Exchange website, property research, due diligence and even bidding are conducted completely online, removing the need to spend hours in a crowded ballroom with all the unwanted pressure and intimidation that comes with a traditional outcry auction. Interested buyers can view property and auction documents by visiting FRE.com/112L1. Bids must be submitted by December 1st.

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Beautifully Appointed Medical Office Condominium

A new commercial real estate property has entered the FRE.com global online auction marketplace and it’s located at a major intersection in Foothill Ranch, CA. This fully built out medical office condominium consists of two suites for approximately 3,762 square feet of rentable building area. Both suites are in “like new” condition and the tenant improvements were built using high end materials for an estimated cost of approximately $285,000 or +/- $76 per square foot.

Each exam room is fully equipped with a sink and storage cabinets designed for medical office use. The suits are complete with several consultation rooms, a records room and break room.

The Suggested Value for this property is posted at $1,110,000 but the seller is highly motivated and set an aggressive Minimum Bid of $595,000. The seller also set an aggressive Bid Deadline for October 13th at 5:00 PM so refer to the offering memorandum for details, floor plans, demographics and other information on the auction profile page at www.FRE.com/3167L1.

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No Reserve in the Auction for a Specialty Car Wash

Strategically built between the cities of Sacramento and San Francisco, this move-in ready, +/-2,244SF specialty car wash facility and freestanding retail center is situated only a short distance from the I-80 in Suisun City, CA. The property features three individual car wash bays and  space for equipment. On the other hand, the second building is approximately 1,940SF and has the potential of being subdivided for multiple tenants and a variety of retail uses.  With an aggressive Bid Deadline and date certain for sale on June 16th, this auction is generating a lot of investor interest for its pricing as well.

The auction’s minimum bid starts at $249,000,  a fraction of the property’s $640,000 suggested value, but the major head-turning feature is the fact that the action also has no reserve! I know some of you might be asking “how does this sweeten the deal?” or “what’s a reserve?” so, in short, not having a reserve means that the property must sell.

When a property is being offered “with reserve,” it means that the seller is not obligated to accept the highest bid unless it meets or exceeds a predetermined release price. So, in this particular online auction, when the auction is being held “without reserve,” the seller will be obligated to move forward with the winning high bidder. Got it? O.k. great.  Now on your marks. Ready. Set. BID (excuse the car/racing pun)! because this could be your only chance to pick up this asset at an incredible value.

For all of the online auction details, documents and photos, check out the auction webpage at FRE.com.

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Temecula California Land For Sale

Posted by rbennett on August 25, 2009
California Commercial Real Estate Auctions / No Comments

California Residential Development Land For Sale

LFC Auction #1 – Strada Del Vino Lot #1| Temecula, CA

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Property Details:

Size: 4.81acres
Location: Temecula, California
Minimum Bid: $149,000

This Online Auction offers serious buyers an incredible opportunity to purchase prime land located in the emerging southern California wine capital of Temecula. The total property, ± 25 acres, is subdivided into 5 separate lots, each fully entitled as a ± 5 acre residential vineyard estate lot, although the land is zoned Citrus Vineyard and lends itself to many other uses. Streets and wet utilities are in, and the dry utility design has been completed and accepted by Edison. The site is partially planted with grapevines which are managed under an agricultural easement by Stuart Cellars.

Detailed property documents including zoning, conditions of approval, easements, geotechnical reports, improvement plans, plot maps, etc. are available under the Document tab above.

Acres: 4.81
Zoning: C/V Citrus Vineyard
APN: 927-480-010

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National Commercial Real Estate For Sale

Posted by rbennett on August 05, 2009
Uncategorized / No Comments

Nation Wide Commercial Property For Sale


LFC Auction | National Search

logo-lfcampthumbProperty Details:

Size/Type Various
Location: Nation Wide

The National Auction Property Search provides easy access to real estate properties currently
offered for auction through LFC’s Accelerated Marketing Program (AMP). You can filter your
search results by property type or click on a state.

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Selma California Commercial Land For Sale

Posted by rbennett on July 14, 2009
California Commercial Real Estate Auctions / 1 Comment

California Commercial Land For Sale

LFC Auction #773-1 | Salma, CA

459_773_selmaaerial_standard_2Property Details:

Size: 15.79 acres
Location: Salma, California
Minimum Bid: $249,000

This +/- 16 acre parcel of vacant land in charming Selma, CA has an approved Tentative Map for 66 residential lots. The property is located just minutes from the 99 and 43 freeways. Selma is a regional focal point for southeast Fresno County, and is just twenty minutes from bustling Fresno.

Selma is a truly lovely small town, boasting a wide range of educational opportunities and first rate healthcare, along with multiple restaurants, retail shops and a charming downtown neighborhood. Selma has seven city parks, including the famous Pioneer Village, and offers a thriving community center, senior center, and cultural arts center. The town is also within driving distance of three breathtaking national parks: Yosemite, Kings Canyon and Sequoia.

Selma has produced a growth rate of three percent per year since 1998; the town is now home to over 23,000 people. In addition, there are multiple retail and commercial projects in process that will add to the five established shopping centers nearby.

With its proximity to Fresno, Selma residents get the comfort and pleasantry of small town living without sacrificing the versatility of the big city. There is something for everyone in beautiful Selma, California!

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Yucaipa California Residential Subdivision For Sale

Posted by rbennett on July 14, 2009
California Commercial Real Estate Auctions / No Comments

Yucaipa California Commercial Land For Sale

LFC Auction #709-3 | Yucaipa, CA

381_2465_709-3_aerial_northProperty Details:

Size: 4.71 acres
Location: Yucaipa, California
Minimum Bid: $240,000

Located just north of County Line Road and east of Interstate 10 in charming Yucaipa, CA, Yucaipa Grove is a 4.71-acre subdivision, comprised of 16 mapped lots for single-family residential development. All improvement plans have been approved and the final map is signed and ready to record.

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Calimesa California Commercial Land For Sale

Posted by rbennett on July 14, 2009
California Commercial Real Estate Auctions / No Comments

Calimesa California Commercial Land For Sale

LFC Auction #709-2 | Calimesa, CA

382_2461_709-2_aerial_southProperty Details:

Size: 8.71 acres

Location: Calimesa, Califonia

Minimum Bid: $222,000

Located just north of the Calimesa Country Club and east of Interstate 10, Calimesa Meadows is an 8.71-acre subdivision comprised of 37 lots for single-family residential development.

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Calimesa California Commercial Lots For Sale

Posted by rbennett on July 14, 2009
California Commercial Real Estate Auctions / No Comments

Calimesa California Commercial Lots For Sale

LFC Auction #709 | Calimesa, CA

383_2450_709-1_aerial_n_2Property Details:

Size: 54 acres
Location: Calimesa, California
Minimum Bid: $350,000

Tucked away in beautiful Calimesa, CA, Heritage Oaks Equestrian Community is a 54-acre subdivision with tentative map approval. Covered in picturesque oak trees, the planned community features equestrian trails and even a staging area, making it the perfect place for an exclusive, upscale neighborhood. Located just east of Interstate 10 and the Calimesa Country Club, Heritage Oaks is comprised of 45 lots for single-family residential development and seven additional lots for open space, recreation, flood drainage and retention. Gross density is .8 DU/AC (less than one dwelling unit per acre).

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Indio California Commercial Land For Sale

Posted by rbennett on May 24, 2009
California Commercial Real Estate Auctions / No Comments

Indio California Commercial Land For Sale

LFC Auction #742-1 | Indio, CA

Indio California Land For SaleProperty Details:

Size: 8.06 acres
Location: Indio California
Minimum Bid: $750,000

This parcel is +/-8.06 acres of industrially-zoned land located in the heart of Indio. The property has an approved Tentative Parcel Map (PM 33578), which divides the 8.06 acre site into 4 industrial parcels. It is located in an active industrial park, east of Calhoun Street, north of Date Avenue and southwest of Peach Street, Indio, California.

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