400 El Dorado StStockton, CA 95202
- Retail properties
- 15,251 SF
Property Details for 400 El Dorado St
- Lot size
- 0.35 AC
- Property size (Sq ft)
- 15,251 SF
- Zone code
- C3
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 139-070-090-000
- APU
- 139070090000
Description
This 15,251 square foot, single-story commercial building in Stockton, CA, presents a unique owner-user investment opportunity. Located at 400 N El Dorado Street, this property boasts a prime downtown location, surrounded by major retailers and landmarks, including Starbucks, Chase, and Regal Cinemas. The building features three tenant spaces, including the established United Auto Repair business (operational for over 20 years, with the option to purchase separately), the California Barber and Cosmetology Apprenticeship Learning Center, and VIP-YESS Performing Arts Education. Each tenant currently pays below-market rent, offering significant upside potential for increased cash flow. The auto repair portion of the building is equipped with six roll-up doors, extensive storage, a customer waiting area, and eight automotive lifts, enhancing operational efficiency. The building sits on a 15,358 square foot lot and is zoned for Downtown Commercial use. Its central location provides excellent visibility and accessibility, just minutes from Interstate 5 and State Route 4. This turnkey opportunity combines stable income from existing tenants with the potential for substantial value-add through rent adjustments and the option to acquire a profitable, established business. The property is listed at $1,650,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,771,510
- 6.5%
- $3,481,394
- 7%
- $3,232,722
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,487,395
- Geo Method
- $5,487,395
-
Alternative Use
- Use
- Valuation
- Residential
- $2,936,686
- Hospitality
- $2,689,988
- Educational
- $2,238,039
- Medical
- $2,315,008
- Retail
- $3,481,394
Location Insight
- City
- Stockton
- County
- San Joaquin
- State
- California
- Latitude
- 37.9571
- Longitude
- -121.291
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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