2200 Country Club BlvdStockton, CA 95204

Property Details for 2200 Country Club Blvd

Lot size

0.53 AC

Zone code

R1

Property type

Retail properties

Property subtype

Auto shops

APN

123-300-410-000

APU

123300410000

Description

This vacant 5,200 square foot flex space, situated on a 22,900 square foot lot in Stockton, California, presents a compelling investment opportunity. The property, located at 2200 Country Club Blvd, 95204, is zoned I and features a single-story building constructed approximately in 1970. Boasting ceiling heights ranging from 12 to 16 feet, the space offers ample room for various commercial uses. Previously utilized as an auto body shop, the property's layout includes spacious work areas, multiple service bays, and organized storage. A comfortable office space is also included. The property's prime location on a busy Stockton thoroughfare ensures high visibility and significant traffic flow. The asking price is $700,000, translating to $134.62 per square foot. The property is delivered vacant upon close of escrow, offering immediate occupancy and potential for redevelopment into commercial suites. This presents a unique chance to acquire a turnkey operation in a thriving area or to capitalize on the potential for future development. The APN is 123-300-41. This is an exceptional opportunity for investors and entrepreneurs alike.

• CAP approach

  CAP return

  Valuation

  6%

  $5,663,076

  6.5%

  $5,227,455

  7%

  $4,854,065

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,239,548

  Geo Method

  $8,239,548

• Alternative Use

  Use

  Valuation

  Residential

  $4,409,554

  Hospitality

  $4,039,128

  Educational

  $3,360,507

  Medical

  $3,476,080

  Retail

  $5,227,455

Location Insight

City

Stockton

County

San Joaquin

State

California

Latitude

37.9654

Longitude

-121.33

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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