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Felton, CA

5497 Highway 9

$399,000
0 bd • ba • 390 sf

This analysis was generated by artificial intelligence on 1/13/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$399,000

Price/Sq.Ft

$1023

Year Built

1949

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This property is located on Highway 9, offering excellent road frontage and visibility, ideal for a unique business opportunity. It is situated in a prime location close to Henry Cowell State Park, popular restaurants, and shops in Felton, making it attractive to tourists and locals alike. The property's history as the Bigfoot Discovery Museum adds a unique charm and potential branding advantage. Additionally, the proximity to Santa Cruz and Scotts Valley enhances its appeal for business owners looking for a strategic location.

The Bad

The property is relatively small, with only 390 square feet of space, limiting its use and requiring creative solutions for space utilization. The lack of defined bedrooms and bathrooms also restricts its potential as a residential property. Buyers need to investigate the special use zoning to ensure compatibility with their intended business plans.

The Ugly

The property's age, built in 1949, may require significant renovations or updates to meet current building codes and safety standards. Additionally, being located in a flood zone, albeit minimal hazard, could present insurance challenges or additional costs.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for entrepreneurs or small business owners looking for a unique storefront in a high-traffic area. It suits those interested in capitalizing on the tourist appeal of Felton and its proximity to natural attractions and local amenities. Creative individuals or niche market businesses, particularly those interested in continuing the Bigfoot theme, will find this property appealing.

Not For

This property is not suitable for families or individuals seeking a residential home due to its lack of living amenities like defined bedrooms and bathrooms. It may also not be ideal for buyers looking for a large or modern commercial space due to its limited size and older construction.
Demographics
Area Median Income

$106,597

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Risk Assessment

Risk Analysis

The property is located in a flood zone, which may require specific insurance coverage and could pose a risk during heavy rains. The older structure may have underlying issues such as outdated electrical or plumbing systems. Additionally, the unique zoning and special use status necessitate thorough investigation to ensure that any business plans are viable. The lack of city services and potential for power outages should also be considered.

Financials

Monthly Costs

Location & Comparables

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